It was an interesting week to say the least. One I can say I don't ever recall seeing the likes of, and one which is quite likely a warning shot across the bow.
Bear Markets always follow Bull markets and a severe stock market correction is long overdue. Bears Lair will spot, monitor and analyze the stock market correction as it develops.
The US stock markets have enjoyed an awesome run since late August, with the flagship S&P 500 stock index (SPX) up 23.7%.
Does anyone know what China really wants and in which direction China is going?
Today the stock market bled out with a river of red candles. All of the recent gains vanished in one session.
I've been talking to subscribers this past week about the powerful move we've seen in US indices as of late and the recent pattern formed in the S&P500, which is a rarity.
Silver's massive autumn rally has utterly captivated speculators and investors, their appetite for all things silver is insatiable.
Plenty of indicators try to bring the world of gold to an investor's doorstep, and in a bullish environment they all seem to make headlines.
It was a great first week in the market for 2011. Volume picked up as traders slowly return from holidays focusing on the markets again.
It's great to be back after the holiday season. Things are as exciting as ever in the markets and around the world politically.
Thanks to its awesome autumn rally, silver has become something of a rock star in the commodities world. Investors and speculators alike are enthralled with this white metal.
The news that Paul Volcker plans to step down from a "panel of experts" advising Barack Obama today will likely whip market participants into a bit of a frenzy analyzing what this could possibly mean.
The great astronomer, Carl Sagan, who like me was a strong believer in skeptical inquiry, used to say, one of the saddest lessons of history is this: "If we've been bamboozled long enough, we ten
Trading is awesome! Everyone should trade stocks. The benefits that trading brings to anyone who sticks with it are vast.
The Ring was made of gold and gold continues on its journey thru lands of evil fiat empires, guarded by Ringwraiths hell bent on gold's destruction.
It's that time again when volume dries up and prices rise into the new year. A lot of individuals are scrambling to prepare for the holidays, even though we had a year to prepare.
The past week was surprisingly uneventful. With Friday's quadruple witching day being near comatose.
Silver has been a rock-star in recent months, rocketing higher to dazzling gains. After such a blistering near-vertical ascent, technicians understandably fear this metal has become wildly overbought.
So far this week we have been seeing fear creep in the equities market. This Wednesday we started to see fear (green indicator) reach a level which tells me to start looking for the market to bottoming.
The week past was absolutely perfect for US markets in general as they consolidated the huge gains from the week before. The S&P traded in a narrow range at an important horizontal level and is resting.
Earlier this week, the flagship HUI gold-stock index powered up to new all-time record highs.
Over the past 2 weeks we have seen the market sentiment change three times from extreme bullish to bearish and back to bullish as of today.
- Eric Sprott on King World News, Nov 2010
Things really couldn't look better for gold and silver both fundamentally and technically - and this is said in the knowledge that there are still a lot of naysayers around - if there weren't we really would