Pre-market & Intra-day updates

Markets trade in ranges a majority of the time, whether in accumulation/re-accumulation or distribution/re-distribution, and on a variety of time frames. But of course, they also do “trend”, which are the ones (up and down)...

Here’s a video about trading ranges in gold/Yen. The $ bottomed on 8/2 (more later, as I expect more selling before a much better bottom), which was in line time frame wise for a top...

This needs to be repeated and repeated, most people in markets are completely unaware of what a trading range actually is, or that it even exists. We are far ahead by just knowing this. We’ve...

Despite all of the proclamations and predictions about markets which constantly goes on, most markets and many stocks are just trading in ranges, as often happens during summer doldrums. I keep talking about this thing...

With the jobs number coming in above useless “estimates”, the stock market is up a bit, the $ is up a bit, while the Yen is taking a big hit, and gold is following the...

The “jobs” number is tomorrow, and guessing the result is like betting on red or black. In the meantime, the Yen is in a range and nearing the bottom of it – 110.30. Gold is...

At this point, with the “jobs” number coming up Friday, I’d like to see (not that gold cares) further reactions in gold before the number. It “needs” to back away/back up from this area for...

Summer doldrums are continuing for most markets. The small stocks are struggling, the bigger markets are moribund, but that will change. In the meantime my advice from 2 weeks ago, and it’s basically what I’ve...

The last day of July and the doom and gloomers about gold for this month are running out of time. Hopefully they’ll continue their prognostications for August also. As stated repeatedly since last December, the...

The stock market finally woke up and started moving yesterday. Many significant tops start in July/August, with the initial selling, and the real selling doesn’t start until the Fall, after another rally. Even 2007 dd...