Mark Cuban recently said he bought Netflix with his own money after the recent pummeling Netflix took after earnings. I wouldn’t buy Netflix with my own money, yet alone Mark […]
Category: Commentary
Uranium Breaks It’s Downtrend
Uranium has started to break above it’s downtrend line that has been in place since 2010. The overall bear market in uranium goes all the way back to 2007. Source: […]
Gold Challenging Key Downtrend Lines
On a weekly basis if you chart gold vs. the S&P 500, gold is once again trying to test a falling 30-week moving average from the downside. This ratio chart […]
Dangerous Markets
The VIX spiked to its highest level all year on Friday as fear is ramping up in the financial markets. The day time moves in stocks are now what I […]
Gold Miners Make A Major Statement
Quick update on the crazy action in the precious metals today. First of all the entire market experienced a huge bounce after the FOMC minutes, so it wasn’t just the […]
Dumb Money Net Short Gold
The small speculator category of the commitment of traders report in gold is now the most net short it has been of gold in the past 13 years. The small […]