When I saw this line in a recent article from the Wall Street Journal I was a bit shocked! “With one big exception I’ll discuss later, trading is dying…It’s not coming back, guys, so maybe you should learn a useful trade like being a plumber or electrician. I’m serious.” You can READ THE ARTICLE HERE,…
SLV (NYSE:SLV) is the ETF that tracks the price of Silver. This market has rallied substantially since our initial call, and looks poised to move even higher after a correction can form.
IWM is the exchange traded fund that tracks the Russell 2000 index. (NYSE:IWM) This index acts as a proxy for the smaller business in the US that don’t have the big international cash flows that many of the corporations in the SPY have. We are seeing all the signs of a deep cyclical top in…
The S&P 500 index proxy (SPY) continues to trade within the bearish ivory zone. We are in an area where a sustainable top can form, but the action is extremely slow and the top will likely be as well. We will on the sidelines for this index until that bullish energy can dissipate and the…
