Gold Update

February 24, 2014 3:29 pm / Published in GLD, GOLD, Market Update
Interestingly, in the U. S. trading, gold has continued to inch up. The trading data is very muddy.

Short GOLD

February 19, 2014 2:15 pm / Published in * Trade Alert, GLD, GOLD, Market Update, SLV
Starting a short on gold using GLD $127.15 to $128.

GOLD

January 15, 2014 9:38 am / Published in * Trade Alert, GLD, GOLD, Market Update
Gold is supposed to go up on higher inflation data, but it is falling by about $16. Our algorithms are detecting heavy selling by the momo crowd. The momo crowd behaves contrary to conventional wisdom. This is the reason that investing in gold has become so deceitful. Gold futures are at $1235, silver futures are

Market Intelligence

January 10, 2014 1:50 pm / Published in GLD, Hedge, VIX, VXX
The SP 500 traded higher during the night reaching 1840 while the VIX traded lower. Later after the unemployment data, we had an exaggerated market move in Bonds, Stocks, Gold and Silver. It was interesting to see that while the SP500 felt about 10 points almost reaching yesterday low, the. VIX did not trade higher.

GOLD

November 11, 2013 6:35 pm / Published in * Trade Alert, GLD, GOLD, HUI
The idea is that the FED will taper in Dec, Jan, Mar, or maybe next summer, but it will taper if the data keep improving. Only a large drop in the global economy could fuel a rally in gold and silver. Thus, we expect to see lower prices in some commodities. However the most interesting

Veteran’s Day

November 11, 2013 1:26 pm / Published in * Trade Alert, GLD, Market Update
Today is Veteran’s Day in the US and the trading volume is low. We had a good trade on DDD and we are calling the day. The SPY is trading at a small range. Gold is a weak in the long term charts. SP500 GLD