March 22, 2017

Technical Analysis: U.S. Dollar in Free Fall, But…

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Technical Analysis: Bollinger Bands and Williams %R

February 17, 2017

Every day, thousands of traders under- and overreact to news, which can create incredibly oversold or overbought conditions in a matter of minutes.

However, once that news has been fully baked into a security, it can leave the stock still dangling in severely oversold or overbought territory.  And it’s at that very moment, you want to pounce on the track for potential mean reversion, or a snap back to the average.

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Technical Analysis: The Hottest Metal Story of 2017

February 16, 2017

It may not be one the most attractive, sexy trade ideas you’ve ever heard.  But this is a metal breakout you may not want to ignore for much longer. 

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Technical Analysis: A Forgotten, But Useful Indicator

February 13, 2017

When we typically think of technical analysis, we think of Bollinger Bands, moving average convergence divergence (MACD), relative strength (RSI), Williams’ %R, moving averages, and a host of other strong indicators.

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Technical Analysis: Silver Could Be about to Run

February 8, 2017

2016 began well for silver.

And then, well… it got worse.

In the first few months of last year, silver ran from near $14 to $21.  But by June, the party was over.  Silver would plummet from its sky-high valuation to $15.96.

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Technical Analysis: The Importance of Money Flow

February 6, 2017

When it comes to trading, one of the best ways to tell what’s happening is by paying attention to the flow of money in and out of a stock.  None of us want to buy a stock if money is flowing out, right?  Of course not… It’s a great way to lose money.  Instead, we want to buy if we’re seeing money flow in.

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Technical Analysis: Copper Close to Breakout

February 1, 2017

If copper can hold current support around $2.50, the metal has a chance at pivoting higher and retesting prior highs, as we noted December 22, 2016.

And that’s exactly what happened.

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Technical Analysis: Gold Could Retest $1,268

January 26, 2017

Well, that was easy.

In early January 2017, we argued that gold could have just bottomed out after finding strong support at $1,125.  Now, just weeks later, the yellow metal is up to $1,215 with its sights set at $1,268 an ounce.  All it needs to do is break above prior resistance at 1,233.10 and it could run.

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Shocker: U.S. Dollar Second Worst Currency of 2017

January 19, 2017

Apparently, the buck stops with Trump.

After a 13% run from May 2016 lows, the U.S. dollar is beginning to slip, having just broken below its 50-day moving average to the downside.  At this pace, it could challenge a December 2016 low of $99.25 before long, infuriating those who are long the currency.

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