Today's Markets

TheDailyGold Premium Flash Update (7/19)

The 9-page update was published and emailed to subscribers Thursday AM. In this update we cover the outlook for the sector as well as developments with some of our companies. Two of our companies reported news and their shares responded positively. One stock we own is having a mini-technical breakd ...

S&P Global Platts China Steel Sentiment Index stable in July: steel production seen rising, export outlook recovers

Chinese steel market sentiment is generally unchanged in July from the month before, with domestic orders expected to remain stable, though the outlook for export orders has improved, according to the latest S&P Global Platts China Steel Sentiment Index or CSSI, which showed a headline reading of 2 ...

Signal vs. Noise in the Gold Market

    In his book Nobody Knows Anything, my friend Bob Moriarty wrote about the difference between signal and noise. Unfortunately, much of the information in the gold space or what passes for such is really noise. Conspiracy theories around manipulation, price suppression and China are all too po ...

Pareto

I tweeted this chart earlier. This chart shows that the five largest S&P 500 stocks have a market capitalization equal to the bottom 282 S&P 500 stocks. This turned out to be something of a Rorschach test, which was not my intention. I just thought it was a powerful visual. I wasn’t really trying ...

DP Alert: Short-Term Indicators Back to Neutral - PMO SELL Signal for Bonds

The quick drop of short-term indicators is a case in point on how "oscillators must oscillate" and that overbought conditions in a strong bull market can unwind through consolidation and are therefore, not necessarily a precursor to doom and gloom. I've been writing about these indicators frequentl ...

7/18 MWL Recap - Guest Tom McClellan - Chart Breakouts!

  Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or ...

Atlantic Sunrise Expected To Commence Full Service In Second Half Of August

Williams Partners LP (NYSE: WPZ) said that construction is nearing completion on the Atlantic Sunrise pipeline project—a critical expansion of the existing Transco natural gas pipeline to connect abundant Marcellus gas supplies with markets in the Mid-Atlantic and Southeastern U.S. The project spo ...

Is Gold In A Bear Market or A Buying Opportunity?

Long-term trends rolling over to the downside A rising dollar does not help gold Gold Under-performing stocks is not a good thing....for gold Gold showing bear market characteristics Long-term trends rolling over to the downside The recent sell off in the price of gold has quite frankly surprised ...

A Workaround for the Greg Morris Weight of Evidence Trading Model (the Chande Trend Meter).

Greg Morris has written a wonderful series of posts on developing a trend-following system, essential reading for all serious traders.  In his most recent post on the subject, he summarizes the nine indicators used in the model, and shows the Morris Weight of Evidence (WOE) indicator applied to th ...

Condos rushing to ban pot smoking before legalization

Gerald Major goes out on the back balcony of his condo several times a day, leaning against the wall and smoking or vaping medicinal cannabis to ease the pain and other symptoms of severe arthritis. But the looming legalization of recreational marijuana may put his daily ritual in jeopardy, as cond ...