Wealth Creation Through Natural Resources
Bob Moriarty has been consistent in stating that the US stock market is in the midst of a major topping process for the last several months. While the major indices certainly haven’t crashed, the damage beneath the surface of the … Continued
Bob Moriarty, founder of 321gold, is not one to be shy about what he thinks. In this month’s conversation Bob lays out why he thinks global equity indices are on the verge of rolling over after reaching a bullish sentiment … Continued
Regardless of what school of market thought we come from, the fact is that price (and price action) is the #1 fundamental in financial markets. Price shifts market participant sentiment stronger than any fundamental news or story telling; price has … Continued
Do you remember where you were in May 2006? You’re probably wondering why I am asking this to begin a blog post. Well, May 2006 was an important month in market history. Junior resource stocks put in a major top … Continued
After rallying since July Treasury yields have been forming a bullish consolidation during the last couple of weeks. The 10-Year Treasury Note yield in particular has pulled back to a key area of confluence from which the next leg higher … Continued
While the futures action is relatively calm this morning, I will take some time to share 3 charts which tell an important story. The first is the chart of total world trade volume: It’s interesting to note that world trade … Continued
Tomorrow the Federal Open Market Committee (FOMC) will release its statement from its most recent meeting followed by a press conference from Fed Chair Janet Yellen. Currently the market is not expecting a hike from the Fed tomorrow, however, there … Continued
For the last 3 week U.S. equities have traded in a historically extreme narrow trading range; heading into today’s session the S&P 500 had spent the last 13 trading sessions trapped within a .74% trading range. Today the tightest trading … Continued
Since the post-BREXIT volatility spike (which lasted for two trading sessions) a funny thing has happened, volatility has completely collapsed. The Russell 2000 is on streak of 13 trading sessions within a ~2% trading range with several trading sessions seeing … Continued
I posted the following tweet yesterday and was surprised at the amount of attention which it received: I can’t recall the last time I received 26 retweets and 42 likes on a tweet. However, when I say “highly significant” … Continued