I was contemplating a little bit the MACD of the monthly inflation rate chart I posted a few days ago this past weekend and it occurred to me after reflecting on the yearly portion of that chart that we have not really even begun the commodity bull market. If you look carefully at the yearly … Read more
The sp500 today continues to be in up trend mode after having broken through 1300. The sp500 is also still trading within a 5 month trading channel and continues to trade near the middle of the range of the channel instead of at the peak upper boundary or bottom lower boundary. The current trading channel … Read more
I started to get really tired of people talking about the inflation rate lately with endless guesses about what inflation might or might not do so I decided to take matters into my own hands. I just plotted the MACD and MACD histogram indicator against the monthly inflation rate going all the way back to … Read more
The 8.6 year global cycle model of Marty Armstrong nailed almost perfectly the exact top in the IYR real estate index in February 2007. The exact date was February 25th, 2007. I find it quite fascinating that his 8.6 year cycle model nailed the exact turn in the real estate market and yet it appears … Read more
A recent report was sent out by Marty Armstrong on January 5, 2011. It is a worthwhile read as he discusses a little bit the June 13, 2011 turning point and also talks about gold and some other markets as well. The middle of page 3 is a good place to start. He clearly describes … Read more
The GLD ETF today gave a good signal that it really wants to reject the 129 range which is the bottom of the current extended trading range. Today’s price action in the GLD ETF is the type of helpful clue that says GLD should be able to work its way higher to the top of … Read more
The Nasdaq Composite appears to be on a mission for 2850 to 2900 range, possibly in blow off or parabolic fashion. The nasdaq today did a key reversal hammer after a several week consolidation and could imply a big move up that kicks off tomorrow. I am considering the possibility that the nasdaq will ‘run’ … Read more
I have studied all of the uranium mining stock price charts for a couple weeks now and URRE Uranium Resources looks like the cleanest chart to me and the most timely in terms of risk reward. I am adamantly bullish on URRE right now and long since yesterday. It is a beautiful consolidation pattern. URRE … Read more
The sp500 did not waste any time getting up and through 1303 today so far. How we close today is still an open question but the strength is undeniable. This market continues to trade with unstoppable confidence. It is tempting to short these types of markets but it is not advised. BestOnlineTrades since September 2010 … Read more
The sp500 is already trading at 1300 again. BestOnlineTrades.com a few days ago suggested that after the 1/28/2011 decline the market would snap back sharply and then would come the moment of truth. The market has snapped back very sharply exactly as we have suggested and very similar to the manner in which the market … Read more