ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Silver finally hit fresh highs on Thursday, and I am now forced to pull out “Plan B” on re-establishing a position in the precious metal. I had expected the “cooling off” period to end with a retest of the 200-day moving average (DMA) and an opportunity to scale back into silver at my own, leisurely … Read more
A few days ago I posted a piece on GT Solar International’s latest quarterly earnings results and erroneously quoted material from a Seeking Alpha transcript for last year’s fiscal 3rd quarter conference call as if it were current. I apologize for the confusion that caused. I have removed that article, and I am posting this … Read more
Silver is Approaching Stage Two of its Bull Market – Precious Metals – Resource Investor Admittedly, I was a little early with my forecast about when gold would enter stage two. So perhaps I will again be early by forecasting that silver will enter stage two of its bull market this year. Regardless of the … Read more
Dear Readers, My deepest apologies for a recent piece I wrote on GT Solar, International (SOLR). I quoted from a Seeking Alpha transcript from a year ago and did not read the correct date. I hope to report an accurate piece at some point as I remain deeply interested in and bullish on the company. … Read more
The dollar approached critical support last week and neatly bounced just as I had hoped and expected. However, as I examine the technical prospects for an extended rally, I cannot shake a resurgent sense of bearishness about the dollar. The daily chart shows some pretty tough overhead resistance awaits any further rally in the dollar: … Read more