Logo Background RSS

Advertisement

May 2018 | Elliott Wave Analytics

  • Gold Hit By USDX Squeeze
    By on May 11, 2018 | No Comments  Comments
    Gold was enjoying a solid spring rally until a couple weeks ago, nearing major upside breakouts.  But its nice advance has crumbled since, really weighing on sentiment.  Gold fell victim to a rare major short squeeze in US Dollar Index futures.  The surging USDX motivated gold-futures speculators...
  • Technically Speaking | Bullish Hopes Clash With Beari...
    By on May 10, 2018 | No Comments  Comments
    In this past weekend’s missive, I quoted Jeffrey Hirsch, editor of the “StockTrader’s Almanac,” on the entrance of the market into the “seasonally weak” 6-month period for stocks. “May officially marks the beginning of the ‘Worst Six Months’ for the DJIA and S&P. To wit: ‘Sel...
  • Gold Stocks’ Spring Rally 3
    By on May 3, 2018 | No Comments  Comments
    The gold miners’ stocks have mostly been consolidating low this year, exacerbating bearish sentiment.  Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can’t get any love.  But that may be about to change, with gold and its miners’ s...
  • Technically Speaking | 5-Indicators To Watch
    By on May 2, 2018 | No Comments  Comments
    In this past weekend’s newsletter I discussed the market hitting “the wall” last week. This failure at the downtrend resistance keeps us on a defensive posture for now, but still allocated to the market as the longer-term bullish trend remains intact. I know. It’s confusing. However, this is...
  • We Are About to See Who’s Swimming Naked
    By on May 2, 2018 | No Comments  Comments
    Buffett is full of pithy quotes. One of my favorites is, “Only when the tide goes out do you discover who’s been swimming naked.” In the realm of investing, the tide of liquidity (or the amount of money circulating in the markets) is primarily affected by expansions and contractions in two pr...
  • The Three Largest Cryptocurrencies
    By on May 2, 2018 | No Comments  Comments
    With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography t...

Advertisement