Today is shaping up to be the most bearish session of the week for the stock market —barring an unexpected upside surprise from NVDA earnings for Wednesday , which remains a major sentiment driver for the broader tech complex. A negative shock, on the other hand, could weigh heavily on global risk assets.  Last week, […]

Stocks should pause after today and pull back into Monday, but then continue higher. We are not expecting anything dramatic to the downside, but it could be a sell on the fact that the the government is reopening or some stalling and bickering that delays it. We are at a point where buyers can wait […]

Recovery in Silver Is Stronger Than Gold DEC SILVER. 11.11.25 - Silver is stronger than gold and has already hit 5109 overnight. There is time for an extension to 5219, but above 5225, a new bullish pattern would allow for acceleration to 5720. Silver has different rhythms than gold, so we will stay open. We [...]

NOV. BITCOIN FUTURES (CBOE)   (11/5). The bounce off 99331 is sickly and may stall at 105200. Thursdays are often lower, so we remain open to 92499 next. The market remains in trouble through the week of November 17th, so assume the bears will stay in control, even though we occasionally get some  absurd blips. [...]

Market Summary 10/22: One week before the FOMC, expect sideways market action. Some stocks and sectors are holding up, but the risk of a decline next week is rising. Bonds and notes may react positively to the FOMC but could peak and sell off. Energy is recovering from oversold conditions, but no buy signal exists […]

MORNING GOLD 10/15 Gold at new highs projects 4253 next, with an extended target of 4323. The market must surpass 4157 to appear toppy. Avoid capping this market; there’s still time for gains. This market offers few easy entry points. Rally potential persists until Oct. 23-24, but caution is advised once the minimum target is […]

October 13th Market Summary Bargain hunters are stepping in, but we’ll wait for an overbought market into Friday/Sunday before trimming longs and eyeing the bigger correction into October or early November. NQ flashed the clearest sell signal, yet in these wild ending Elliott wave diagonal patterns, expect crazy pullbacks and potential new highs. Gold and […]

Enjoy our new user-friendly format for S&P Analysis! MORNING COMMENTS:   Cash hit 6634 overnight, and let’s see if that leads to acceleration at 6657 on cash which could happen before FOMC on Wednesday or the minimum is done. .  . NQ Dec. futures hit the 24630 area that we mentioned last night, and are […]

Gold Cycle Still Strong Until Sept. 25th December Gold MORNING  COMMENTS:  Gold is only up slightly, but it will not take much to take out 3715, and that could continue the rally, and even 3830 later in the month is not far-fetched. The pullback we saw Thursday, which projected as low as 3571, is not […]