Chart of the week - Gold

A new feature to the Trader's Blog will be the addition of the Chart of the week. Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

June Gold has been incrementally moved lower since late February. The selloff began after the market failed to break above $1800 and at the same time, investors learned that the US FED planned to participate less in easing our economy. What began as a very sharp drop in the precious metal, then turned into a relatively rangy trade. Traders know that seasonally Gold tends to be a rangy summer market, followed by anticipatory purchases ahead of India’s wedding season. It will be important to watch whether India’s government will impose a tax hike to offset their trade deficit this year, and more importantly traders will continue to watch for any improvements in Europe or hints of easing from the US FED.

Technically, Gold traders are well aware of the narrowing range in the Gold market identified by the red arrows. A firm breakout above or below these trendlines would likely attract more volume to the market to speculate on a direction. Continue reading "Chart of the week - Gold"

Biting Nails on Apple Earnings

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 24th of April.

DailyXchange
Post and prosper with other MarketClub members everyday.

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET!

TODAY'S MARKET MOVING SECTORS and STOCKS: Continue reading "Biting Nails on Apple Earnings"

30 year / 2 year yield curve forecasting deflation event directly ahead?

By Gary Tanashian

The 30 year / 2 year Treasury yield curve has been on a steady march higher since 2007.  This makes sense since that was the year things started falling apart in inflated, debt saturated developed global economies, led by the nation that showed 'em how it's done when it comes to economic management by inflation; the US.

When long term yields are rising faster than short term yields, it is a sign of stress building toward either a breakout in inflation expectations or, as has been the case thus far since 2007 (and really, since the age of Inflation onDemand began in 2001), impending reversal of the excesses.  Unfortunately, in an age where economies are managed by inflation (by monetization of Treasury/Sovereign debt in service to increasing money supplies) these reversals tend to be shall we say, violent. Continue reading "30 year / 2 year yield curve forecasting deflation event directly ahead?"

Does Everyone Know Their ABCs?

We asked All About Trends to share another one of their member articles with our Trader's Blog readers after the positive response we received from last weeks article.  Here's the article as outlined by All About Trends in their newsletter dated 4/22/12

In the newsletter for our paying subscribers on Friday we said:

"What we will also want to talk about is what happens if a C wave down of an ABC wave 4 down takes place."

Before we get into the indexes let's take a look at a few blasts from the past as well as a current example of AB Cya's . Continue reading "Does Everyone Know Their ABCs?"

Elections in Europe shake up the markets

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 23rd of April.

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET!

TODAY'S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500 Continue reading "Elections in Europe shake up the markets"