So you’ve decided to take financial matters into your own hands and open a brokerage account and you want to know how to trade stocks for the first time.Entering the world of stock trading a big decision and one you shouldn’t make unless you’ve already established financial essentials, such as an emergency savings fund and a retirement account with carefully selected […]
Submitted by Simon Black of Sovereign Man blog,This morning I woke up bright and early to participate via the Internet in a live auction that was being held halfway across the world.The Hong Kong branch of Spink & Son, a British firm originally founded in the mid-1600s, was putting a series of Bruce Lee memorabilia under the hammer. And […]
The aluminum story doesn’t seem to be getting much better (for producers like Alcoa, anyway).MetalMiner’s monthly Aluminum MMI® registered a value of 91 in December, a decrease of 3.2 percent from 94 in November. Three-month aluminum on the London Metal Exchange experienced the biggest drop in the complex, falling yesterday to $1,746 per metric ton, the lowest level we have seen […]
Yesterday’s analysis expected more upwards movement from Gold. Price has moved higher, but it is not a convincing third wave… yet.I have the same main wave count with now two alternates at the daily chart level. The first alternate may be used if confirmed with movement below 1,225.40. The second alternate expects the same movement as the main wave count.*Edit: […]
Last week’s analysis of Silver expected more downwards movement towards a target at 18.591 to 18.353. Price did move lower but has failed to reach the target. Downwards movement may have ended at 19.595, 1.004 short of the target zone.The wave count remains mostly the same.Click on the charts below to enlarge.Minor wave B is now a complete zigzag.Within minor […]
Last analysis of US Oil expected more downwards movement towards a target at 87.82 to 88.72. Price has moved lower and the target has not been yet met, the structure is incomplete.Now there is more structure of this long downwards wave to analyse I am changing the wave count within it. Two fourth wave triangles indicate it is much closer […]
Last week’s analysis of US Oil expected more downwards movement towards a target at 88.83 to 87.82. Price has moved lower. The structure is incomplete and the target has not yet been reached. The wave count remains the same.Click on the charts below to enlarge.The bigger picture sees US Oil in a new downwards trend to last from one to […]
