Archived Q&A 2/17/2016
The Silver Tracking Instrument (NYSE:SLV) has been attracting a lot of attention since gold’s recent price move to the upside. Silver also is a viable tool to use as a hedge against economic disaster, inflation, etc…However, it is a bit different from gold because if its industrial usage. We have put a green box…
The Total Bond Market Fund (NYSE:BND) offers us a proxy for many types of bonds. Prices have rallied exactly as forecast in the last video we did on this market, and this adds to our conviction that stock prices are about to experience a large drop.
The ETN that tracks the price of West Texas intermediate crude (NYSE:OIL) is working its way through a bottoming process. We are forecasting prices for oil will rally in the near future, and we plan to offer some long exposure opportunities when the odds shift a bit farther in our favor.
The S&P 500 index proxy (SPY) working its way up to the upper ivory zone. We are anticipating a short opportunity somewhere within that area, but will need to wait until the market action offers a more attractive, high odds entry
The Eurodollar vs. the U.S. Dollar has been trading within a range for about a year now, and recently has broken out of a tight intra-range area to rally up towards range highs.
The S&P 500 index proxy (SPY) is ping-ponging between the ivory zones. We are waiting and watching to see when price can show a coherent surge of power in either direction before taking any primary risk in this market.
The Gold ETF (NYSE:GLD) Has rallied up and away from the green zone exactly as forecast. Now, it is reaching areas of short term exhaustion and will likely wiggle back to relieve some of the short term selling pressure.
Exelon Corporation (NYSE:EXC) flew up away from the green zone and has now violated the highs of the blue zone. This means our original forecast has now been proven correct, but no entry within the green zone was given.