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Markets by Sector

Bavarian Banks Not Depositing Money at ECB

Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their...

Precious Metals March 4th, 2016

Of course, the gold promoters are declaring this is a new bull market. Should we expect anything else? They do not address why silver is not responding and the...

Moody’s Warns of 30% Rise in Commodity Based Company Bankruptcies in 2016

The commodity industry is bracing for a high year of bankruptcy and default filings that will impact mining and metals along with oil and gas. Moody’s has...

Dow Update for Month-End Closing of February 2016

We did not elect any bullish reversals. March remains our Directional Change target and the Dow could not close above 16934 for February. Looking ahead, we see the...

Warning Bank Stocks in Serious Trouble

  Barclays shares in the UK have fallen 9% after it announced further restructuring, a dividend cut, and an 8% decline in statutory pre-tax profit. As part...

Precious Metals Report for 2016 – Update on Status

We are putting the finishing touches on part I of the “2016 Gold Report.” This year, we will be adding a video. I will be shooting this coming Thursday....

Dow Outlook – Month End February 2016

  Technically, the Dow Jones Industrials almost set up to make a “Channel Move” between two channels, but they interestingly overlapped instead...

Crude Oil – Month-End February 2016

  We have interestingly reached an 86-year peak in oil reserves. This may actually be the end of that trend. Oil prices are causing companies to collapse, and...

Euro for Month-End Feb 2016

Our main number to watch remains at the 10460 level on a monthly closing basis. Our Major Monthly Bearish rests down at 9860. Our critical support begins at the...