The Ultimate Investor Update is your source for market information. If you’re looking for quick actionable market information – this is it! For the purpose of getting you the best information, let’s recap the key points from the last update. Opinions change, so be flexible Gold versus the US dollar – correlation nonsense Bond holders […]
Trump madness is a sight unimagined. Just when you thought it couldn’t get worse…. But, isn’t the bull market a sight to behold? So, can anything stop stocks from moving higher? Checkout today’s chart of the S&P 500. Isn’t it astonishing the day after Trump supporters stormed Capitol Hill stock markets open higher! To say […]
OPEC oil production jumps unexpectedly during November. No doubt tensions are sure to rise. The Reuters monthly survey showed production continues to climb past the cartels limits. In view of rising production, cartel members are sure to disagree about the future. Who should produce more? Who should produce less? One thing is for sure, cheating […]
Is it safe to buy stocks right now? Did you feel markets might freak out over the US election? Most of us felt some unease. As a result, a lot of nervous cash is sitting on the sidelines. But not for long. More importantly, control of the Senate and future stimulus plans fuel investor anxiety. […]
A couple days ago I highlighted the apparent weakness in gold prices. If you missed the post you can view it here. The key support level gold bulls were hoping would hold collapsed yesterday along with equity prices. Rarely do you see gold prices fall in tandem with equity prices. That’s what makes this sell […]
For those of you who like to review charts, the gold market setup is very interesting at the moment. Take a look at the chart below and notice the base that has formed since the early August peak in gold prices. Yesterday, sellers pushed gold prices below this important support level. Interestingly enough, buyers stepped […]
