September was an ugly month for the stock market. The S&P 500 recorded 10 distribution days, and the Nasdaq recorded 8 distribution days. The selling picked up at the end […]
Category: Charts
Gold Still Hasn’t Broken $1180
Gold still hasn’t made a new low yet sentiment is about at rock bottom. As a contrarian that gets me interested. Here are some things we know about the current […]
Selfies Are In A Bull Market
Leadership has narrowed in the stock market, which usually isn’t a good sign for the overall health of the market. However certain sectors like Health Care keep powering higher. XLV […]
Small Caps Are A Mess
Anyone who has recommended small cap stocks this year has likely been wrong. The name of the game this year has been large cap stocks, whether it was in tech, […]
Gold And Silver Are Dramatically Oversold
Oversold isn’t a buy signal, but it does give an indication of excessive bearish sentiment that is unsustainable over the short term. It’s impossible for a market to remain scared […]
Notes On Carnage In Gold And Silver
Last week I observed some very extreme sentiment from both the bulls and bears on gold and silver that was really quite striking. On the bear side I saw one […]