Gold Silver Reports ~ You could call it a Black Friday as Wall Street was saturated in red and bleeding profusely with the S&P 500 dropping to its lowest since October and temporarily piercing that low but closing above it. If that level gets taken out, much lower prices are in the cards with some technicians seeing the next support level at about 1,750. For the first two trading weeks of the year, the S&P 500 has now surrendered almost 8%.
Things Are Never Quite As Scary
Things are never quite as scary when you’ve got a best friend.
Chinese Shares Slip Into a Bear Market
Gold Silver Reports ~ Chinese shares fell into a bear market for the second time in seven months, wiping out gains from an unprecedented state rescue amid waning confidence in the government’s ability to manage the country’s markets and economy.
Natural Gas MCX On The Earth; Paisa Kamao
Party Time and Enjoy
Natural Gas Crash 150 to 142.60
Watch Natural Gas MCX only Down Down, I Told You Sell 1000 Lots Watch. 150 to 142.60 Low
Domestic Equity Mutual Funds/ETFs
Gold Silver Reports ~ Our main directional indicator, the Domestic Trend Tracking Index (TTI-green line in above chart) has recently crawled above its long term trend line (red) and finally generated a new “Buy” signal effective 11/3/15. The market subsequently dropped, and we exited again on 11/13/15. As of today, the TTI remains below its trend line by -3.01%, which means we are in cash on the sidelines.
The Bear Is Alive And Well
Gold Silver Reports ~ Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year.
Is It A Dead Cat Bounce?
Gold Silver Reports ~ After an early, rough start Thursday, stocks finally shot higher with the Dow jumping more than 300 points before moderating its gains after Wednesday’s brutal sell-off that sent the broad