Market Analysis

After suffering one of the most brutal selloffs of the past few years, the stock market is a stretched rubber band ready to snap back.   Markets are like runners. They can’t run flat-out in one direction without taking at… Read More

Given today’s commentary from Chris Weber, it’s worth updating our big “myth busting” idea regarding the pan-European currency: the euro.   Most folks don’t realize that the nations of Europe form a larger economy than the United States’. Europe is… Read More

This summer, we haven’t been able to go a day without hearing how the debt ceiling “crisis” is pushing stocks lower. Our chart today is an update on how the “stocks are going lower” news is worse than you think…   Regular DailyWealth readers know there are always… Read More

Growing up, I spent most of the summer at the neighborhood tennis and swim club. July 4th was a special day and featured the club’s summer tennis tournament, a cookout and fresh watermelon giveaway. There were also pool games. For me, the highlight of the day was what I called… Read More

Growing up, I spent most of the summer at the neighborhood tennis and swim club. July 4th was a special day and featured the club’s summer tennis tournament, a cookout and fresh watermelon giveaway. There were also pool games. For me, the highlight of the day was what I called… Read More

  This week’s chart is both a “we told you so” piece and a “warning” piece. It displays the incredible strength in gold over the past year… and the new all-time high the metal reached this week. Even before we published this 2005 letter to our brilliant friend Bill Bonner,… Read More

  I’m one for keeping market structure as simple as possible, and there are two major confluence support levels we need to be watching very closely that have been important market reversal points in the past, and we currently sit atop both… Read More

With all the headlines/news out there, how does one make sense of the current stock market landscape? I suggest thinking of the current market – at least from its chart perspective – in terms of the dominant Price Range… Read More