While the U.S. markets opened the week relatively flat, there have already been some big selloffs in a few foreign markets. First up is the Indonesian stock market, which continued […]
Author: Justin
Weekend Reading
Coal: The Year Ahead The Gold Explorer Looking For “West Africa in Nevada” Facebook Worth More Than the Entire Silver Market Do Refining Stocks Have Anything Left in the Tank? […]
Silver Losing Upside Momentum
A number of bearish technical events have occurred recently in the silver chart. First, a bearish engulfing candlestick has formed on the weekly chart. A bearish engulfing candlestick is a […]
Outlook for Housing in 2011
Divergence Between New Low in Bond Rates and Momentum
The 5-year treasury rate made a new low in 2010 but a positive divergence has setup between the new low and the momentum to the downside. What this means is […]
Dollar Still Hovering at Critical 80 Level
The U.S. Dollar continues to consolidate right at the 80 level, which is roughly the midpoint of the trading range the dollar has established since bottoming in 2008. The trading […]