cyclingscholar

Thursday Outlook: Commodities, Emerging Markets

Thanks for the brief comment on each chart and your overall perspective on a 'low volume short covering rally" which I have noticed as well in the SPY and DIA indexes.

One comment on the gold H&S: Edwards and MaGee, the tech bible editors, make it clear that a valid H&S top has less volume on the rally to the head than on the left shoulder; this does not appear to be the case with your GLD chart. Still, I agree GLD looks toppy. A multiyear chart shows a triple top at these levels over the last 16 months.

Friday Outlook: Commodities, Emerging Markets

I also agree...have tremendous respect ofr a writer who says OOPS I goofed on Tbonds, especially when I have done the same myself. Arf!
Rock on!

cyclingscholar

Tuesday Outlook: Commodities, Emerging Markets

Just a few comments and suggestions for improvement....

(1) It would help to have fewer charts and more comment on how they speak with one voice (or do NOT, as the case may be. Brevity is the soul of analysis....

(2) I notice you have overlooked currencies in this blast of charts. UUP and FXE would be helpful.

rock on.

Fed's Positive Inflation Maneuvers Bullish for Commodities

If the money is physically printed and disseminated, it is true that inflation can be forced.

If the money is in the form of bank loans and reduced interest rates, however, the Fed is pushing on a string and the expansion will be swamped by a decline in the velocity of money.


Mv=pY dude!


2
Its the new E=mc

cyclingscholar