Don’t know about you but I just about had it. The constant drama is exhausting and it seems that not unlike adrenalin junkies many of us, including the MSM, have utterly become addicted to it all. At minimum it has created a thriving global industry which is feeding off of the hysteria and taking advantage whenever and wherever possible. It seems that since the turn of the new century our collective lives have increasingly been plastered with a litany of drama, degradation, and depression. Across the board, politically, economically, financially, socially, as well as environmentally the West has somehow managed to stumble from one major crisis right into the next, whilst making [...]
Friday is usually my least favorite day to take on new setups, for obvious reasons, but beggars can’t be choosers and I’m glad that things are finally starting to come into sync across the board. Plenty of juicy setups today and I’m confident even Hoss won’t go hungry tonight!
Our Zero participation indicator switched from divergent to mostly negative yesterday as equities seem ready to finally paint a downside correction. Or are they? Equity futures over the past two sessions have been trading increasingly volatile with large signal spikes (in green on the second panel below) occurring first during and then after retesting our current all time high.
Like it or not, we are heading straight into the Christmas season and soon it’ll time polish our silverware. Which incidentally has lost quite a bit of its luster over the past few years and it’ll take a lot more than toothpaste and elbow grease to regain its former glory. Over the last year a valiant attempt to turn a long term down trend came to a halt near the upper 25-month Bollinger early last summer after which silver reversed over 50% of what it had gained in the first half of the year.
However I believe it’s time to start paying attention again for two reasons: First the weekly Bollingers are increasingly tightening and secondly silver is now [...]