Moving Averages Headlines

  • Why We're Buying Physical Gold with a $1700 Target

    originally on marketslant.com For What it is Worth: We are buying Gold in our small family fund. This is a trade, not an investment. Potentially a much longer term trade for us than normal, possibly a 12 month hold as opposed to our 3 day positions. We are buying physical in quantities that will not need to be sold if we are wrong, thus no leverage. We will also be swing trading gold with an upward bias as our indicators dictate below $1260 or above $1306. Target  picking is risky in an asset...

    @zerohedge
  • S&P 500- Could be dangerous place for selling to start!

    The trend in the S&P 500 remains up, as it is above long-term moving averages and is in a solid rising channel in the chart below. The little bit of softness that has taken place of late has done nothing to change that trend. The Power of the Pattern wanted to share with you this morning a key test to the bull trend in the chart below- CLICK ON CHART TO ENLARGE The S&P has remained inside of quality rising channel (1) since the 2009 lows. The top of the channel was touched back in late...

    @zerohedge
  • It's A 'Turkey' Market

    Authored by Lance Roberts via RealInvestmentAdvice.com, With Thanksgiving week rapidly approaching, I thought it was an apropos time to discuss what I am now calling a “Turkey” market. What’s a “Turkey” market?  Nassim Taleb summed it up well in his 2007 book “The Black Swan.” “Consider a turkey that is fed every day. Every single feeding will firm up the bird’s belief that it is the general rule of life to be fed every day by friendly members of the human race ‘looking out for its best...

    @zerohedge
  • "How To Forecast Markets": A Departing Top JPMorgan Strategist Reveals What He Learned After 30 Years

    One of the most popular JPMorgan analysts, traders and commentators, Jan Loeys, head of global asset strategy and author of the weekly "The JPMorgan View" piece is moving on (to a different, non-client facing part of the company), and is using his last weekly address to JPM clients to recap the main lessons he has learned over his 30 year career. For those carbon-based traders who still trade on the basis of fundamental analysis, inductive reasoning, and discounting, and forecasting the future...

    @zerohedge
  • Great Voids Have A Way Of Filling

    Authored by Sven Henrich via NorthmanTrader.com, I feel compelled to keep documenting reality to raise awareness of the ever larger market dangers which keep lurking underneath the current bubble. Indeed I keep seeing a great void not only in awareness but also in price discovery that have propelled markets to current levels leaving investors and participants ever more lulled into a false sense of security by the current unprecedented phase of volatility compression. Take these comments as part...

    @zerohedge
  • One Trader Urges "Extreme Caution"

    Something has changed. While stocks are exhibiting their usual BTFD patterns still, other asset classes are not playing along - most notably the junk bond market and the sovereign yield curve. Furthermore, while a few megacaps continue to rise ubiquitously, small caps have suffered and breadth is terrible. As former fund manager Richard Breslow warns, "sometimes markets look really bad and it’s prudent to exhibit extreme caution." Via Bloomberg, Use 2008 as a good example. Other times, they...

    @zerohedge
  • Key Events In The Coming Very Busy Week

    With a full slate of central bank meetings, data (including payrolls Friday) and earnings next week there’s a little bit for everyone. On Thursday, according to Politico, we will also know who the next Fed Chair is as well as get a first look at a version of the House tax bill in the US, perhaps on Wednesday. In terms of the scheduled events, front and center we’ve got the Bank of Japan (Tuesday), Fed (Wednesday) and Bank of England (Thursday) policy meetings all due in a three day window. Only...

    @zerohedge