Traders of today can learn lessons from historical events where Politics and the Stock Market collided – with negative results.   Current Congressional gridlock is threatening another potential market crash via two separate but related events:   The US Debt Ceiling Negotiations… Read More

Traders of today can learn lessons from historical events where Politics and the Stock Market collided – with negative results.   Current Congressional gridlock is threatening another potential market crash via two separate but related events:   The US Debt Ceiling Negotiations… Read More

Given the large economic/news events playing out at the moment, it’s little surprise that the Cross-Market (Inter-market) landscape has taken on a pause or consolidation phase at the moment. With the US Debt Ceiling and European Debt Situation coming… Read More

In our July 8 edition, we noted how Apple, one of the generals of the stock market, was within “spitting distance” of a new 52-week high.   Today’s edition shows how Apple… Read More

It’s time to buy these stocks now…   Nobody is paying attention… but one sector of the stock market is an incredible opportunity right now.   In the last big… Read More

It’s still “trench warfare” in the XLF… and the sellers are winning.   Regular DailyWealth readers know we monitor the big U.S. financial stock fund (XLF) to gauge the action in the banking sector. With large weightings in JPMorgan, Bank of America, Goldman Sachs, and Citigroup, XLF represents… Read More

Royal Gold isn’t the only royalty company “acting well” these days…   Recently, we noted the big rise in shares of elite royalty company Royal Gold (RGLD). Riding on the back of the surging gold prices, RGLD just struck an… Read More

Bearish action in the commodity market to begin the week: Brazilian stocks are slumping.   In mid-May, we noted the declining Brazilian stock market… Read More

Bearish action in the commodity market to begin the week: Brazilian stocks are slumping.   In mid-May, we noted the declining Brazilian stock market… Read More

To follow-up with my prior morning post on the “Monday Morning Stock Index Update at Midpoint Value Areas,” I thought it would be helpful to show the current structure of the 1-min chart during lunchtime. In other words, we’re… Read More

Our chart of the week shows how the biggest story in the market played out this week… how gold “broke out of the box.”   Regular readers know we’ve been steady bulls on the ultimate “anti-paper” form of money – gold… Read More

As you know, the markets are currently driven by two big issues:     * Europe’s sovereign debt crisis     * U.S. debt negotiations These issues have created powerful sentiment forces that are trumping longer-term fundamentals. Read More