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At the end of the day Thursday, Gold, Silver, and most of the miners were overbought to moderately overbought. Some of the miners were stupid overbought. Is it possible that the entire metals and mining complex gets stupid overbought? Sure it is, but its not probable. In this market of extremes...

My next door neighbor here in the greater Los Angeles area, owns a trucking and freight hauling business. We were just talking about how he has had a worrisome drop off in business. He says if it gets worse, it could be a problem. I've also noticed that there doesn't seem to be as many container...

I agree completely. It's strange enough that it has forced me to consider the possibility that the markets have crossed over into some sort of "new normal", where the parameters that used to have a high degree of reliability, don't necessarily apply anymore.

Several reasons: You have two generations who have seen the market crash twice in the last 20 years, and were hurt badly, and the market seems like a bubble to them. You have a lot of baby boomers going into retirement and are selling assets to avoid calamity and going to a conservative or ultra...

I can understand why it might seem irrational to some, but only if you compare it too other times in history. This go around, corporations, the central banks of the industrialized nations, big banks and institutions, and the Buffets of the world are BUYERS, even if they have to borrow or issue...

Inter day, the GLD hit a new 52w high, and slowly, at a measured pace, gave back almost all it's gains for the day. Technically, with an RSI just above 70, and making a new inter day high, I would expect a pullback also. However, there are dynamics in play that would leave me to believe that the...

I can't say either way with any degree of certainty. I'm not up to speed on the dynamics and ramifications of the cloud, and what the possible growth potential is for the cloud space and the stocks I mentioned. Perhaps some one else here on ET could help me out. That being said, the frenzy in...

It's just one of many software companies in the cloud and cloud security space that are apparently the next best thing since sliced bread. Included in this space are SHOP, WDAY,NOW, VEEV, COUP, TWLO, HUBS, NEWR, TTD, TEAM, to name a few. The cloud security space, PANW, SPLK, CYBR, PFPT, FTNT...

Thanks for the initial heads up Traveler !!!

Gold bounced of the $1285 level after hanging right around it for several days. A 50% retracement of the move from $1220 to $1350. We'll see if we get a retest to the $1350 level. Added some positions at the 50% retracement.

I agree with Traveler. The low RSI and trading well out of the trend channel, seems like a good trading opportunity. I would look for a retracement to about $58.5, sell half and see if the other half can make it to $61 and exit the position. Not interested in the long term because I don't like...

World Central banks bought more gold in January than they did in all of last year. Currently, and for the last several months, almost every dip has been bought. A favorable trend has formed to the upside. The real question is will it go on to break the $1400 level, which is very serious...

The War on Normal People by Andrew Yang. He's actually a presidential candidate and a big UBI supporter. The question might be, like Trump being elected for the promise of change, are there enough financially strapped and unhappy voters for UBI to gain traction.

Remember what happened here in the U.S. in the housing crisis. Short sales, people living in foreclosed properties for years without making any mortgage payments, debt arbitration for home owners who are at least making sporadic payments, outright debt forgiveness because banks were penalized...

Consider this... In roughly twenty years or so, AI and automation will replace most of the driving jobs, Uber, Lyft, Taxi services, trucking industry, UPS, US Mail, or just about any driving service job will be gone. Cashiers at the grocery store, hardware store, gas stations, etc., disappearing...

The job numbers are nothing more than a statistical extrapolation. It's really just one of a handful tools used buy the government to give the impression that the economy is well and growing, and to give an occasional boost to the markets. In large part, the 600 point move in the Dow on Jan. 4...

The banks will get together with the politicians, keep the brains and dump the body. Youtube-Madmax Beyond Thunderdome The Collector. This 2 minute video clip seems appropriate on so many levels . Enjoy !

As to the original post, I can see how arguments could be made for both bulls and bears. The bear case. Low to stagnant GDP and job growth, declining retail, auto and home sales. Length of bull market and valuations. Dramatically increasing retail participation. PE expansion. I actually was a...