The Moment of Truth for the S&P500 and Gold

Posted by Patrick Ceresna on Jan 28, 2014 5:31:00 PM

We are at the moment of truth. The S&P500 is in a similar oversold state that preceded market rallies throughout 2013. In 2013, after each brief 4-7% multi-week correction, the buy on dip traders jumped in and bought with a vengeance. If this pullback is going to be a buy on dip, it could happen off this area in the 1750.00-1770.00 zone. The McClellan Oscillator is currently oversold below the -50 level. The September and December "buy on dip" opportunities started with the McClellan Oscillator at these exact oversold levels. 

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Topics: s&p500, Gold, gold mining stocks

Is the Market Ready for a 10%+ Correction?

Posted by Patrick Ceresna on Jan 24, 2014 10:18:00 AM

Back in October of 2013 we were on crash alert based upon the criteria we have identified that preceded prior market declines.  

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Topics: market correction, crash alert criteria

Goldman Sachs Cowboys Herding the Cattle

Posted by Patrick Ceresna on Jan 15, 2014 12:52:00 PM

Goldman Sachs came out with a market call suggesting the "Lofty" market is ripe for a 10% market drop. There it is. Now all investors take heed. While this has stirred the media, the real question I want to answer is - what is Goldman's agenda? 

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Topics: Market Forecast, Goldman Sachs, Goldman Sachs forecast

Can the Shine Return to Gold?

Posted by Patrick Ceresna on Jan 10, 2014 11:12:00 AM

Over the last 3 years we have witnessed one of the most severe gold miners bear markets in history.  It has been an indiscriminate decline that has broken the will of the retail investor.

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Topics: Gold, gold mining sector, gold miners

Reduce Your Risk with a Debit Spread

Posted by Jason Ayres on Jan 2, 2014 1:35:00 PM

In our last post we discussed the idea of taking a position in an expensive stock using an option as a replacement strategy. 
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Topics: call option, stock replacement strategy, Bull Call Debit Spread

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