Lee AdlerStock prices are currently right in the middle of the channel surrounding the liquidity line in the Compositite Liquidity Chart (viewable in subscriber version). By…
Gold’s intermediate term indicators remain bullish, and mining picks are fine. Subscribers, click here to download report. Our mining picks held their own last week,…
Cycles are still bullish, with the 6 month and 10-12 month cycles apparently in trending mode. This means that there are neither price projections nor…
The volatility subsided, but the range remained. 4 picks dipped below their stops. Were they too tight? Or is this the beginning of the end for the longs. Time will tell.
Meanwhile, list performance improved slightly to an average of +2.4%, up from +0.2% the week before, on an average holding period of 15 days, up from 10 days the week before. The percentage change assumes cash trades, no margin, no options.
The stopouts left just 4 picks on the list. All are longs, and all look ok to hold, with stops adjusted based on trigger lines in the charts. I added two more picks from Friday’s screen.
The balance between QE and Treasury supply will remain bullish through through xxxx (subscribers only). This should provide a boost for stocks. It should keep…
Short term indicators for gold have edged to the sell side. The 13-17 week cycles are due for consolidation. However, cycle projections still point higher.…
As wild short term volatility chews up swing traders and spits them out, the market averages remain in an uptrend, and look poised to move…
List performance degraded last week, with the average gain dropping to +2.5% on an average holding period of 12 days. That includes open picks and those that triggered stops during the week. Remaining picks are shaky. I have tightened stops.
This table summarizes recent list performance.
Every time there’s a critical problem in the banking system due to banker malfeasance, the Fed steps in to paper it over and reward the…
A 13-17 week cycle high is due for gold, with a projection of xxxx-xxxx (subscribers only), but the down phase should be benign given the…
The balance between QE and Treasury supply has gotten even more bullish and will remain so until xxxx (subscribers only). This should provide a boost…
I have always been reluctant to post midweek updates. Last week’s market action was a perfect example why. We had the beginning of a crash.…