Monday, 26 September 2011
Keiser Report: Cultural Fragging! (E188)
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
DEBT Counseling.... ILLUSTRATION ONLY
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Buying Opportunity Brewing For Gold, Silver.... by Dr. Duru
September 25, 2011http://seekingalpha.com/article/295705-buying-opportunity-brewing-for-gold-silver-as-u-s-dollar-picks-up-steam
Buying Opportunity Brewing For Gold, Silver As U.S. Dollar Picks Up Steam
by Dr. Duru
The U.S. dollar confirmed yet again the importance of its 200-day moving average (DMA).
I updated my review of this case two weeks ago by demonstrating in detail how the dollar sustains moves both above and below its 200DMA. In this current move, the dollar stretched for three days above the 200DMA, fell back for three days, and then bounced away from the 200DMA on the way to 7-month highs.
This is a “good enough” test of the 200DMA as support and produces a foundation for an extended rally (click to enlarge images):
The only currency that cannot be printed at will and without limit is gold (and silver).
Be careful out there!
by Dr. Duru
http://seekingalpha.com/article/295705-buying-opportunity-brewing-for-gold-silver-as-u-s-dollar-picks-up-steam
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Buying Opportunity Brewing For Gold, Silver As U.S. Dollar Picks Up Steam
by Dr. Duru
The U.S. dollar confirmed yet again the importance of its 200-day moving average (DMA).
I updated my review of this case two weeks ago by demonstrating in detail how the dollar sustains moves both above and below its 200DMA. In this current move, the dollar stretched for three days above the 200DMA, fell back for three days, and then bounced away from the 200DMA on the way to 7-month highs.
This is a “good enough” test of the 200DMA as support and produces a foundation for an extended rally (click to enlarge images):
U.S. dollar rallies to fresh 7-month highs after a successful test of support at the 200DMA
The only currency that cannot be printed at will and without limit is gold (and silver).
Be careful out there!
Disclosure: I am long GLD, SLV, GG, PAAS. I am also net long the U.S. dollar and Swiss franc, and short the yen.
by Dr. Duru
http://seekingalpha.com/article/295705-buying-opportunity-brewing-for-gold-silver-as-u-s-dollar-picks-up-steam
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
The Coming Week's Market Movers.... by Cliff Wachtel
The Coming Week's Market Movers: Market Ripe For Short-Term Bounce?
September 25, 2011
by Cliff Wachtel
TOP CALENDAR EVENTS: Will No News Be Good-Enough News?
http://seekingalpha.com/article/295711-the-coming-week-s-market-movers-market-ripe-for-short-term-bounce
Next week’s calendar is a typically light end of month affair.
Monday
Euro-Zone
German Ifo Business Climate: German business confidence dropped to 108.7 in August, the worst drop since 2008, following 112.9 in the previous month. This reading badly missed consensus estimates of 111.2 indicating a serious slowdown. Another decrease to 107.3 is expected.
US
New Home Sales: dropped more than expected in July, reaching 298,000 following 300,000 in June, and expected to drop to 297,000.
Tuesday
US
US CB Consumer Confidence: Fell 15 points in August to the lowest level since April 2009, reaching 44.5 after 59.2 in July, reflecting concerns about the weak job market and rising prices of essentials, reducing consumer spending. A small increase to 46.8 is predicted.
Wednesday
US Core Durable Goods Orders: Increased by 0.7% in July while durable goods orders increased by 4.0%.
Thursday
US Unemployment Claims: The number of Americans filing initial claims for unemployment missed estimates of 419K, falling less than predicted to 423,000. This is the fifth week of increases, suggesting a slowing jobs market.
US Pending Home Sales: Fell in July by 1.3% from a 2.4% gain in June, vs. an expected 0.8% decline, indicating continued slowing in housing sales. A decrease of -1.9% is forecasted.
Friday
Canadian GDP: Down 0.4% in the second quarter . An increase of 0.3% is expected.
Disclosure/disclaimer: No positions. The above is for informational purposes only. All trade decisions are solely the responsibility of the reader.
http://seekingalpha.com/article/295711-the-coming-week-s-market-movers-market-ripe-for-short-term-bounce
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
September 25, 2011
by Cliff Wachtel
TOP CALENDAR EVENTS: Will No News Be Good-Enough News?
http://seekingalpha.com/article/295711-the-coming-week-s-market-movers-market-ripe-for-short-term-bounce
Next week’s calendar is a typically light end of month affair.
Monday
Euro-Zone
German Ifo Business Climate: German business confidence dropped to 108.7 in August, the worst drop since 2008, following 112.9 in the previous month. This reading badly missed consensus estimates of 111.2 indicating a serious slowdown. Another decrease to 107.3 is expected.
US
New Home Sales: dropped more than expected in July, reaching 298,000 following 300,000 in June, and expected to drop to 297,000.
Tuesday
US
US CB Consumer Confidence: Fell 15 points in August to the lowest level since April 2009, reaching 44.5 after 59.2 in July, reflecting concerns about the weak job market and rising prices of essentials, reducing consumer spending. A small increase to 46.8 is predicted.
Wednesday
US Core Durable Goods Orders: Increased by 0.7% in July while durable goods orders increased by 4.0%.
Thursday
US Unemployment Claims: The number of Americans filing initial claims for unemployment missed estimates of 419K, falling less than predicted to 423,000. This is the fifth week of increases, suggesting a slowing jobs market.
US Pending Home Sales: Fell in July by 1.3% from a 2.4% gain in June, vs. an expected 0.8% decline, indicating continued slowing in housing sales. A decrease of -1.9% is forecasted.
Friday
Canadian GDP: Down 0.4% in the second quarter . An increase of 0.3% is expected.
Disclosure/disclaimer: No positions. The above is for informational purposes only. All trade decisions are solely the responsibility of the reader.
http://seekingalpha.com/article/295711-the-coming-week-s-market-movers-market-ripe-for-short-term-bounce
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Subscribe to:
Posts (Atom)