Blog - Page 315 of 409 - ONE-TWENTY TWO: Trading Financial Markets

Global Economic Pressures Continue to Push the Dollar Reluctantly Higher

November 27, 2011 by Dr. Duru

This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2011. Click here to read the entire piece.) The U.S. dollar’s role as a “safety” currency has finally returned although the market has only reluctantly marched back to the dollar’s printing presses. This year’s first two market swoons sent … Read more

T2108 Update – November 23, 2011 (Almost Oversold and Even More Bearish)

November 24, 2011November 24, 2011 by Dr. Duru

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 25% VIX Status: 34 … Read more

Chart Review: British Pound Headed for Major Lows Versus the U.S. Dollar

November 23, 2011 by Dr. Duru

The British pound continues to validate my bearish outlook on the currency. The recent break below the 50-day moving average (DMA) continues to generate lower prices versus the U.S. dollar. A fourth retest looms of support that has held for over a year. I am doubtful it will hold up yet again given the last … Read more

T2108 Update – November 22, 2011

November 23, 2011 by Dr. Duru

Buy Gold Miners Instead of Gold Bars?

November 22, 2011November 23, 2011 by Dr. Duru

This is an excerpt from an article I originally published on Seeking Alpha on November 21, 2011. Click here to read the entire piece.) Bill Fleckenstein is my favorite investor in gold and silver (he is on the board of directors for Pan American Silver Corporation [PAAS]). In his latest post on gold, Fleckenstein broke … Read more

T2108 Update – November 21, 2011 (Decisive Plunge)

November 21, 2011November 22, 2011 by Dr. Duru

T2108 Update – November 18, 2011 (Tenuous Hold On Support)

November 21, 2011November 21, 2011 by Dr. Duru

Chart Review: Bottom in Jeopardy for Goldman Sachs

November 19, 2011 by Dr. Duru

In late October, I claimed that Goldman Sachs (GS) had finally found a bottom after two years of mostly declining prices. It has been all downhill for GS ever since. The chart below shows the signals I used to decide GS had finally printed a bottom. Note that on November 9, GS sliced cleanly and … Read more

Insider Buying Major Fail: Jon Corzine and MF Global

November 19, 2011November 19, 2011 by Dr. Duru

I am a big fan of trading on insider buying (for example, see “The Market Is Ignoring These Insider Buys, But You Should Not“). So when I read that Jon Corzine had invested $3M of his own money in now bankrupt MF Global, shivers went up my spine. In “Why MF Global’s Collapse Matters“, Brett … Read more

T2108 Update – November 17, 2011 (Overbought No More – And A Long-Awaited Test)

November 17, 2011May 15, 2016 by Dr. Duru