If the Wall Street establishment had any guts the Dow Jones Industrial Average would have blown past the 15,000 mark and ended the week comfortably above it, say 15.3 or 15.5. That would have made a huge statement that this Bull Run is legitimate and worth investing in, and not just another fluff and puff...Read More

Gold bounced this week as traders covered shorts and pushed gold 8% over its April 15, 2013 low. That’s the story this week. Aided by rumor, pomp and circumstance, traders create volatility by placing huge bets on future movements of securities. Recently at record highs, short activity for gold has been well publicized. (Shorting is...Read More

I’m hearing more and more confusion about the investment markets these days. The stock market won’t down, some say, and gold is going the wrong way. What’s going on? Admittedly, if you have to make money in this market your situation gets much harder. Most of your money should have been made when it was easy. Now it’s...Read More

Analysis of the investment markets is a two part story this week. It starts with gold and ends with stocks. Gold took a nose dive this week, dropping 5% on Friday and 7% for the week. Why such a dramatic move? Speculation. Gold is widely used as an indication of inflation. The thinking here is...Read More

I was a little lost about what to say in this blog this week. I mean, how many times can you say the economy stinks, the stock market is overvalued, and conditions are ripe for gold? But the truth is nothing much has changed. There was little new in the news this week, and what...Read More

Since little has changed in the stock market this week, I’ll take this blog in a slightly different direction. I was drawn to three Wall Street Journal articles this week, entitled: Workers Saving Too Little to Retire Health Insurers Warn on Premiums Older Households Loading Up on Debt The first article reports that 57% of...Read More

I almost choked on my tongue while reading a recent Wall Street Journal article entitled, Keeping Up with the Dow Joneses. The author, Justin Lahart, began that article by describing the Dow Jones Industrial Average as an “arbitrary collection” of stocks that is “arcanely constructed.” Charles Dow must be rolling over in his grave to think...Read More

The Dow Jones Industrial Average continues to retrace the 15-51 Indicator’s steps seven months in arrears. The laggard that it is, the Dow Average should peak in value around mid April 2013, and then start a steady and prolonged decline thereafter. I fully expect the Dow to breach the action zone high (14,854) before the slide begins. The slide,...Read More

Well-known stock market indexes continued to suck low-information investors into the lion’s den this week. While the Dow Average failed to move again this week, it remains extremely elevated at the 14,000 mark, which is a market multiple the Dow hasn’t experienced since 2006, and before that 1999 – the housing boom and tech boom, respectively. Sorry...Read More

The Dow Jones Industrial Average has been flat for three consecutive weeks while the 15-51 Indicator continues to build lower lows. You may recall that stock market strength flattened out three consecutive weeks in July of last year (see: Strength is Flattening). The 15-51i reached its peak two months later in September, and then swiftly began...Read More