Stocks broke their four-day winning streak yesterday, but lower turnover that accompanied the moderate pullback was healthy. The major indices opened lower, drifted south throughout the morning, then edged higher to trim their losses in the afternoon. The Dow Jones Industrial Average declined 0.5% ... Read more

Share prices for gold miners and gold bullion mostly dropped yesterday as traders thought it was a good day to take on a bit more risk. In London this morning, gold prices have jumped back above $900/ounce after trading under that mark earlier. The CEO of Barrick Gold Corp. (NYSE:ABX) recently ... Read more

The GMI and GMI-R have been zero since Tuesday’s close.  There were 3 new highs and 424 new lows in my universe of 4,000 stocks on Wednesday. The Worden T2108 Indicator is now 21% and heading down from the reading of 89% on January 6.  In the November swoon, this indicator bottomed at 1 ... Read more

Watch For Clear GLD and SLV breakouts to buy and/or add to longs Chart 1: Nice high volume rally in gold puts it on the edge of a confirming breakout. Courtesy B ... Read more

The market is marking time.  The GMI and GMI-R were unchanged, along with the T2108 indicator.  There were only 2 new highs and 108 new lows in my universe of 4,000 stocks on Wednesday.  Gold (GLD) and silver (SLV) continue to advance.  I remain mainly in cash. ... Read th ... Read more

Fighting off a significantly lower open, broad market indices held the opening range lows, and ripped higher through much of the session to close in positive territory. Some late afternoon selling forced the averages to close off the highs of the session, but overall the reversal action was posit ... Read more