History repeats.
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Week ahead..
BIG Dow companies reporting earnings this week..
"3 Stocks w/ Earnings To Watch In The Coming Week: McDonald’s on Tues, Intel on Thurs, Ford on Wed"
Also Boeing and Lockeed Martin Tues..
http://www.investing.com/analysis/3-stocks-to-watch-in-the-coming-week-mcdonalds-intel-ford-200475448
Dont forget about the miners earnings are going exploding due to rising metals prices. ;^)
Miners earnings coming..;^)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151469636
Coming VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump. Giving us a socialist..(Go LONG and don't look back)
Coming VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump. Giving us a socialist..(Go LONG and don't look back)
Coming VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump. Giving us a socialist..(Go LONG and don't look back)
Coming VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump giving us a socialist..(Go LONG and don't look back)
Coming VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump giving us a socialist..(Go LONG and don't look back)
Coming VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump giving us a socialist..(Go LONG and don't look back)
Coming VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump giving us a socialist..(Go LONG and don't look back)
Well.. Maybe not next week, but VERY soon..(CHART) ;^)
Only when you ZOOM OUT do you see the big picture.
BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO
Buy Gold/Silver Physical/Miners B4 'they' crash this thing..(Go LONG and don't look back)
Overall markets about to break their ascending triangle downward next week imo..
Glta
Quick Gold technicals.
The U.S. Dollar Index closed a down week on the lows, while 30-year Treasury yields closed an up week near their highs. The dollar and bonds falling in tandem is a good sign that the bubble has popped! This is bearish for stocks and very bullish for gold.
-Peter Schiff 10/19
https://www.cnbc.com/2019/10/17/ray-dalio-says-the-world-is-in-a-great-sag-and-echoes-the-1930s.html
We break this short term downtrend/consolidation VERY soon.
Glta
100 billion in debt monitization..
https://www.wsj.com/articles/new-york-fed-injects-30-65-billion-in-short-term-liquidity-11571318743
"Day Ahead: Top 3 Things to Watch"
1. Fed Minutes, Powell on Watch:
Powell’s speech at 11:00 AM ET (15:00 GMT) and the 2 p.m. ET release of the Fed’s minutes
2. Labor Market Data Due:
August Job Openings and Labor Turnover Survey (JOLTs) at 10:00 AM ET (14:00 GMT).
3. Crude Inventories to Build for Fourth-Straight Week?
https://www.investing.com/news/stock-market-news/day-ahead-top-3-things-to-watch-1993545
Glta
The 'fed' is NOT doing QE.. ;^)
I get the feeling Trump is being extra brash to try to get the dems to push the envelope further with this impeachment inquiry. At the same time, he's laying the ground work to blame both the fed and the dems for popping the fed induced bubble.
Just a theory..
Crazy times ahead either way.(buckle up)
This will be a serious performer over the next few yrs.
Glty
The week ahead for Gold.
Peter schiff on markets.
Metals chart overview.
Daily Gold chart.
The 'Fed' has more info quicker then you or I.
They wouldn't be cutting if they were not scared of something..
They're telling you something.
Employment report is released at 8:30 a.m. ET Friday. Economists expect the U.S. economy created 145,000 jobs in September, up from 130,000 in August, with unemployment holding at 3.7%, according to Dow Jones.
https://www.cnbc.com/2019/10/03/fridays-jobs-report-should-show-hiring-is-slowing-but-not-that-a-recession-is-near.html
Glta
#REPO market operations= #QE = #DEBTmonitization
The Fed claims its not doing QE, but last week it's balance sheet expanded by $88.1B. It's grown by $176B in the past 3 weeks. During QE3 at most the Fed's balance grew by $85B per month. So the Fed is buying more than twice as much debt when it's not doing QE than when it was!
— Peter Schiff (@PeterSchiff) October 3, 2019
Big day tomorrow. Monthly payrolls #. (Jobs report)
$GOLD direction waiting for IWM Services data to come out in a few minutes..
https://tradingeconomics.com/united-states/calendar
Will probably be positive.(Bad for gold)
Holding none the less..
(Safer in then out)
Glta
Another quater point rate cut odds increased quite a bit.. ;^)
https://m.investing.com/central-banks/fed-rate-monitor
Glta
Both. 50/50
Glty
Financial events calendar.
https://tradingeconomics.com/united-states/calendar
Friday the 4th will be an important day to watch price action.
And obviously the decision to cut rates on the 30th will be fun to watch.. ;^)
Good times ahead for GOLD imo..
Glta
Good solid summary of the
Market.
It's hard to say. I lean towards being short term bullish, but possible gold drops to 1450.
I can't decide, but I feel safer being in gold then out.
Porfolio 100% gold and silver based. Until the next serious resistance, maybe around 1700.
Holding NUGT atm.(not usually my policy to hold, but got trapped)
Im just angry with myself for not flipping for more % share gain..
Miners EARNINGS should be great.. ;^)
ISM down..
https://www.cnbc.com/2019/10/01/us-manufacturing-economy-contracts-to-worst-level-in-a-decade.html
Over 60 billion more in debt monitization..
https://www.wsj.com/articles/fed-adds-63-5-billion-to-financial-system-in-repo-transaction-11569846438
Glta