Why I think Gold’s pullback isn’t over yet
Gold dropped over $27 on Monday and Gold stocks were smoked along with the metal.
Gary is watching:
WM
BAC
WFC
The Nasdaq: testing support
Let’s start with what we have told you were the weakest areas and that’s the NASDAQ and NASDAQ 100.
The Nasdaq: breaking support
We suspect there is risk here.
The main point about the stock market
Until the major averages break support, the “market” gets the benefit of the doubt.
Oil: my thoughts
Have you noticed how noisy the oil business has become?
My letter to the Fed
Tonight, I am writing a letter to the FED. It is bad enough they decided to not announce M3 anymore
Watch the dollar–here’s why
We do not know what effect it will eventually have but we have our ideas.
Let’s talk about oil companies
Off my recent rant on government and oil prices, I received a record number of emails.
I’m seeing short-term tops forming right now
A number of commodities markets and their stocks look set to pullback.
New ideas for the Fed
Since October, every time the FED talked the market reacted positively.
The bond market remains my main concern
We continue to be very bearish on BONDS.
My biggest worry: the bond market
We understand that rates are still low on a relative basis…but we are watching the direction closely.