For professional and individual investors who desire top quality, conflict free analysis of the capital markets and the economy based on the fundamentals and technicals that drive securities prices
1. The Value Line Arithmetic Index -- 1700+ stocks, not cap.
weighted ($VLE) -- has been a stock market leader for a decade
now. So, it is with concern that the weekly chart has turned down
and is even sporting a short term head / shoulders pattern...
Core fundamentals -- monetary liquidity, short term rates, medium
quality bond yields, market confidence measures -- remain
positive. Earnings indicators are positive, although the weekly lead
measures have started to flatten out. Secondarily, there...
Gold entered a price mania in early 2006. There have been frothy
price moves up in 2006, 2008, and again this year, when gold
closed above the $1100 oz. mark. By my analysis, we have not yet
seen a classic bubble in the price. Gold is now strongly...
The market has done a bit better than I expected over the past
couple of weeks, and it is tougher to make the case that a classic
price consolidation is underway. The major concerns I have had
since mid - Sept. have been the 60% + move and whether...
Gold has been on a tear since taking out the $1000 oz. resistance
level. Given the much increased volatility of the gold price since
2005, you have to be ready to encounter the occasional dramatic
overbought / oversold condition in the market, and you...