Midweek Market Update – May 30th

Posted by Bob Loukas
On May 30, 2012

I know many members are "itching" for some trades, believe me I want to trade too. But I won’t ever trade simply for the sake of action, I trade only when I believe I have an edge and better than an even chance of succeeding. I've worked way too hard for my money and experienced firsthand the dangers of trading to have my money risked on sub-par and ill-conceived trading strategies. As you mature and gain experience as an investor/trader you begin to appreciate and value your money too much. Real wealth is obtained through discipline and long term performance.

Posted by Bob Loukas
On May 26, 2012

The best confirmation of our framework is actually coming from the miners. In spite of a Dollar headwind and an Equity market in decline, the miners have managed to continue their move higher out of their recent channel breakout. The technical oscillators have all turned bullish, and if we can find some momentum with the gold spot price along with some strength in the equity markets, we should see a sizable rally unfold within very short order.

Posted by Bob Loukas
On May 23, 2012

The strength shown by the Dollar never ceases to amaze me, but now it's taking on parabolic like structure that could end quickly and sharply. Fueled primarily from the Euro’s weakness, it managed to cross yet another milestone today. With this latest surge higher, the dollar took out the prior 3yr Cycle high set in January and by doing so confirmed that the dominant 3 year cycle is still clearly in uptrend.

Posted by Bob Loukas
On May 20, 2012

The Gold Cycles have "clocked" meaning a fresh new cycle is now upon us. These cycles clock only 2 to 3 times per year and they present the most profitable and predictable Cycle setups available to us.

Posted by Bob Loukas
On May 16, 2012

I look at the Euro cycles and they look sick. This dollar strength is not based on speculative action, the strength is a serious defensive move on a massive scale, very large institutional capital flows are occurring towards perceived safety and it’s driving the dollar and the bond markets to extreme overbought areas. Smart money is scrambling ahead of the coming stampede; they know when it’s time to seek protection. This move is like those first big sudden gusts of wind before a storm; we ignore these signs at our own risk.

Posted by Bob Loukas
On May 12, 2012

It’s amazing how just a month ago it looked as if equities cold never fall, quickly purchased on the first sign of weakness. How fortunes and sentiment quickly change in the sphere of markets and investing, as any sign of strength is now quickly being sold. Gold is now finally there and we expect to see a nice pop over the coming weeks.

Page 125 of 135«‹123 124125126 127 ›»

Midweek Market Update – May 30th

Weekend Report – May 26th

Midweek Update Report – May 23rd

A Cycle Has Clocked – May 20th

Market Update Report – May 16th

Weekend Report – May 12th