Blog/Forecasts

Gold on Track for the Mid-Benchmark Rally

Gold is slowly and begrudgingly moving to test the key resistance. We need a weekly closing ABOVE 1143 to push higher. The band of resistance begins at the 1156 [...]

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Socrates' Long-Term C$ Outlook

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Dow & the Immediate View

The Dow needs a closing above 16350 to temporarily stabilize. Otherwise, we are not out of the woods here until we pass March. To suggest that the major low has [...]

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Is a Slingshot Move Setting Up?

We have penetrated last year’s low in the cash S&P500, but not in the Dow yet. The Yearly Bearish does not come into play until we get to the bottom of [...]

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Gold – No Time Left for Conspiracy Theories

To some, this is a religious battle. To others, it is just a time to rip off a lot of people by selling fantasies and sophistry. I have stated this many times, so [...]

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Is the Recession Starting?

The ISM purchasing managers’ index for the manufacturing sector in December 2015 in the USA has plummeted to its lowest level since June of 2009. This warns [...]

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Dow & the Immediate Outlook

QUESTION: Marty, at the WEC you said the Dow would go down in the first quarter. How far do you see this going this time? ANSWER: We elected a monthly Bearish [...]

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2016: The BIG SHIFT

As we close 2015 and begin a new year, the markets generally closed flat to neutral with a warning that as we approach the political year from hell (2017) that this [...]

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Closings Today will be the Year-End Signals

  Below is the holiday schedule for the markets. The closing for our models will be TODAY, and for the most part, this will be a full normal day. We are [...]

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The Dow for Year-End — Will it All Just Go Nuts for 2017?

The Dow Jones Industrials still remains in a bullish posture on a broader perspective. The real critical support will lie at 16500 and the Panic Support is well [...]

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