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MainStreetBets on Silver and Wins :: The Market Oracle ::

TEMPORARILY OUT OF STOCK. Thats the message most hopeful physical silver buyers have been getting since the last days of January. Odds are bullion dealers going to have a tough time keeping any silver in stock. Everyone is buying, and no one is selling the physical metal. Dealers are asking for 35% premiums…and thats if you can get your hands on any silver at all. And yet I remember well, less than a year ago in mid-March, when the world started a major lockdown in response to the ...
Peter Krauth Master Of Business Administration Silver Trust Mcgill University Silver Institute Nadeem Walayat

TREASURY YIELDS SUGGEST A TOP WITHIN THE NEXT 6 MONTHS :: The Market Oracle ::

Historically, whenever the Treasury Yields fall below zero, then recover back above zero, the US/Global markets reach some peak in price levels within 3 to 8+ months.  My research team and I believe the actions of the global markets may be setting up for a future peak in price levels sometime in next 6 months. We believe this will start when the Treasury Yields cross above the “Breakdown Threshold”. expect A Continued Rally As Long As Yields Stay Below Certain Levels In 1998, a v...
Chris Vermeulen Technical Traders Ltd Cardiff Energy Corp Nadeem Walayat Trend Forecasts Treasury Yields

Stock Market Bears Losing The Battle :: The Market Oracle ::

Mondays action retraced all losses from Friday as the Emini S&P 500 (ES) formed a double bottom during Sunday night at 3650 key level. The next two sessions will be pivotal in confirming whether its risk on again or whether we need to wait a bit. Right now, bears are losing the battle before price action is back to neutral mode given the V-shape recovery into 61.8-78.6% retracement of the 3860s-3650s range. The main takeaway is that this is healthy consolidation in the bigger picture because ...
Ricky Wen Nadeem Walayat Trend Forecasts Market Bears Losing The Battle Stock Markets Stock Market Game Plan

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Silver Price May Rally Above $39 On Range Breakout :: The Market Oracle ::

Nearly 6+ months ago, our research team highlighted a unique price range that appears to be repeating itself in Silver.  This price range consists of a $5.40 bullish or bearish price phase.  Using our 100% measured move techniques, we’ve seen silver move higher and lower by this range over the past 10+ months and, quite interestingly, the current sideways price range in Silver is almost exactly a $5.40 range. After a bit of research related to the explosive upside price move in ...
Chris Vermeulen Technical Traders Ltd Cardiff Energy Corp Nadeem Walayat Trend Forecasts Price May Rally Above

Did GameStop Mark the Stock Market Top? :: The Market Oracle ::

 “ You do stocks, huh? I’m thinking about ploughing a few grand into GameStop. That thing’s going to the moon, bro!” The guy on the treadmill next to me was clearly excited. Then he told me all about another opportunity as he wiped sweat off his face. “ The next Tesla,” he said, grinning from ear to ear. And he wasn’t the only one. I had at least four conversations about stocks at my local gym last week. (It’s not exactly a hotbed of investors. In fact, I’ve  never ta...
Chris Wood Stephen Mcbride Nadeem Walayat Trend Forecasts Gamestop Mark Stock Market

Stocks Need to Consolidate Now, And Gold Will Anyway :: The Market Oracle ::

After Monday‘s great rise, stocks continued without much of a pause yesterday too. Did they get ahead of themselves, or not really? And what about those correction calls, is the alarm over now? As said yesterday, the bulk of the correction in stocks, is over. Is it clear skies ahead now? In my very first 2021 analysis 10 days ago, I‘ve called for a not so rosy February ahead. Last Friday, options expired with stocks taking a plunge, so the current month will get an optical boost. I am...
Monica Kingsley Monica Insider Club Nadeem Walayat Trend Forecasts Consolidate Now Gold Will Anyway Stock Markets

How Will Silver's SLV ETF Recent Spike End? :: The Market Oracle ::

When Joe Public buys shares during a wave of euphoria, they do it close to a market top or before the beginning of a decline. Looking at you, SLV! Silver rallied on Friday (Jan. 29), gold reversed its direction before the end of the day and so did miners, with the latter slightly underperforming gold. I wrote this before, and I’ll stress this once again today – the above is a perfectly bearish indication of an upcoming downturn in the precious metals market. This is not the first time...
Przemyslaw Radomski Nadeem Walayat Trend Forecasts Joe Public Silver Trading Registered Securities

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