MooTrades.com » Technical Analysis

Silver’s scary sell-off

Alex — Sun, 25 Sep 2011 21:21:05 +0000

Silver and silver-related assets were smashed across the board on Friday as the World Bank and IMF met in Washington, DC to discuss the worsening global crisis. Other commodities saw sharp declines as well. More silver was traded that day …

Twist, but don’t shout

Alex — Wed, 21 Sep 2011 18:30:19 +0000

(Updated at 4:25 p.m.) The Federal Reserve announced that it will begin selling shorter term US Treasury securities and use the funds raised to buy in to the 6 to 30 year space. They also indicated more easing in the …

Fed Wednesday – Policy Outlook

Alex — Wed, 21 Sep 2011 17:20:17 +0000

I don’t want to be right about my of my dire predictions, but all signs point to a significant global slowdown: http://online.wsj.com/article/SB10001424053111904353504576566142076103776.html The Fed is coming out at 2:15 pm to announce the results of their policy meeting. Many expect …

Head and shoulders setup on major indices?

Alex — Sat, 17 Sep 2011 17:56:23 +0000

Could the Dow Jones and other major indices be setting up for a head and shoulders style technical-driven sell-off? It will depend on what the Fed has to say next week, but also on the rate of deterioration in Europe …

Central bank intervention for profit retention?

Alex — Thu, 15 Sep 2011 18:48:44 +0000

Today we read about Kweku Adoboli, the UBS equities trader that allegedly went rogue and lost the firm $2B in Q3 profits. We also learned about the ECB effectively using extraordinary measures to prop up insolvent EU banks. A rumor …

The great rotation from gold to silver

Alex — Mon, 22 Aug 2011 18:10:42 +0000

With gold pushing all time highs on a near daily basis, far exceeding its inflation adjusted highs from prior decades and pushing through several technical overbought indicators, many are concerned a correction is looming from this recent parabolic move, where …

S&P 500 uptrend intact for now

Alex — Fri, 12 Nov 2010 20:09:31 +0000

The S&P 500's uptrend remains intact in a defined channel that found support today, during the stock market sell-off, at the 20 day moving average. The chart below shows the trend channel as well as the moving averages.

Is the rally topping out or just starting?

Alex — Tue, 09 Nov 2010 19:19:37 +0000

We've seen a significant gain since the bottom in March of 2009, up about 80% since those 666 lows. Now the market is facing significant resistance, even after the massive $600 billion QE2 plan to inject even more liquidity.

Market bounces on extreme oversold condition

Alex — Sat, 22 May 2010 15:52:37 +0000

On Friday the US stock market enjoyed a bounce off an extremely oversold condition. The condition has not been fully worked out so there is still room for more buying. Oversold conditions typically occur after waves of selling that knock an asset out of balance with supply and demand.

Thoughts on equity, energy and metals markets

Alex — Wed, 02 Sep 2009 20:54:47 +0000

At this point i think the there is some distortion between energy and metals which have a direct relationship as energy must be expended to mine the metals. usually the ratio is 10x the price of a barrel of oil for an ounce of gold, but now it's been in a range of 12.5x-15x.