The RASI continues its run higher, rising 9.3% this past week, from 678 to 741. It is now only about 7% below its overhead resistance line at 800. If the Index reaches 800, will this turn out to be a Triple Top or will the Index bullishly break through and continue higher? [more]
In his latest article, the Calafia Beach Pundit notes that the U.S. economy has achieved its longest expansion period in its history. However, since 2009, economic growth has been modest at about 2% per annum. Although there are some troubling signs, many indicators point to a continuation of slow but steady growth ahead. [more]
October traditionally marks the start of a seven month positive period for the general market. Of course, there are always exceptions. However, this year, October has been exceptional with the S&P 500 Index beginning the month of November at an all-time high. [more]
RASI rose almost 22% this past week, from 557 to 678. It is now within hailing distance (18%) of overhead resistance at 800. Question is: If the Index reaches 800, will this turn out to be a Triple Top or will the Index break through with aplomb and continue its journey higher? [more]
Three Cheers for the S&P 500 Index, which on Monday established a new all-time high. It remains to be seen if the SPX can “drag” other key indexes such as the DJIA, the NASDAQ Composite, and the Russell 2000 also into new all-time high territory. [more]
The agreement, not yet signed, of a Phase One trade accord between the United States and China that was announced with the greatest of fanfare does not seem to be the great break-through intimated by both sides. This Project Syndicate article suggests a different reality to the one being promoted. [more]
The Portfolio is struggling to gain traction. Its current value is about where it was at the beginning of October. Only five of the nine stocks are profitable although only one of the four losers is decidedly so. The present bevy of stocks is up only 1.2%, and it has been trading profits that have served the Portfolio so well to date. [more]
Commodities have been in a funk for years: crude oil, natural gas, gold, silver, copper, zinc, etc., take your pick. At some point, investor sentiment towards commodities will change, which could provide very meaningful returns to those who recognize early the latent potential. [more]
With growing global attention being paid to rare earth metals, Plato Gold Corp. is in an excellent position, with its highly-prized niobium property in north-central Ontario, to capitalize on any increased activity in this space. [more]
With significant bullish undertones, the RASI has climbed back above two critical resistance levels. In this past week, the Index rose above both the extended down-trend line and the benchmark 500 level. If the Index can maintain itself above these levels, then its next test is at 800. [more]
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