In early February the noise regarding the underperformance of Financials was getting very loud. There have been some clues along the way worth noting and have held up so far despite there still being skepticis about. The charts and comments…
Then And Now – Select Charts Of Jan 2013 Begin A New Year
After re-reading last January chart thoughts Id like to post a present day comparison. I wont go through all the charts just particulars. Screen grab of the Jan 2013 chart and comments (tinted yellow) will precede current charts.
Gold – I Was Wrong
I’ve been in DZZ down to partial position size for over a year. There were many mistakes made that I’ve eluded to in prior posts although I’ve certainly focused mainly on the positives till now. Marking up the chart below…
“Grandpa” Likes Gold And Hates The Dollar
Doug Kass wrote about how he is long GLD at yesterdays lows. He’s not always been bullish on gold, has debated with Schiff on gold as religion in the past and is making a well thought case that it may…
Emotional Gold
Usually when I write something with much emotion attached to it I call a top or a bottom, but I can’t resist to document further this moment as I too have found myself getting excited these last couple days with…
Cyprus Noise
Inspired by Phil Pearlman’s call to action Im going to try and share my thoughts on the overnight Cyprus event. First off, Sunday was a day of sluggish thoughts about the week to come as I had a great St…
January 2013 Chart Thoughts
I’m going to run through a random bunch of charts that I’ve had up recently…good or bad. I normally like to update my Stocktwits stream if levels differ from those others posted or when I see something actionable, and will…
Speculating On A Rally Or A Recovery
Today was a big day for the markets. The transports continued to show strength and broke key price levels higher. In some minds this will now bolster the highs that we are making into the end of the year and…
The Path Higher in GLD is Heavy
I just want to post some chart comments on GLD. Its hard to not let our thoughts get away from us when we look for major turning points, but there have been a few out there much smarter than me…