That “barbarous relic”, the shiny yellow metal that has so entranced people for millennia seems to have finally broken the 13 year bull run that began in 2000. Reasons put forth are legion, from the ending of QE (and which we postulated as a portender of potential price weakness at the beginning of the year…
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Towards the end of last week, I managed to close my eyes to both the Gold price and Gold mining stocks and noted that the “vampire squid” aka Goldman Sachs for once, correctly recommended to their clients to go short of the metal (I guess they have to get one right some time?!). As I…
April 12 2014
Blogging schedule will be pared down somewhat whilst the editor enjoys a much needed break ahead of the launch of our new titanip.co.uk venture. Bear with us while we reinvigorate and get ready to do battle with the markets once more in early May! In the interim, check out our new guides on the Trading…
The figures above just released from the AAII are amazing. Bearish sentiment, expectations that stock prices will fall over the next six months, surged by a stunning 26.3 percentage points to 54.5%. This was the third largest one-week increase in pessimism recorded since the survey started in 1987. The rise also put bearish sentiment at an…
So, the S&P 500 has finally joined the Dow in notching up consecutive daily closing and intra-day highs this week (how much longer Tom Houggard will question). It is only the Nasdaq that is still over 1000 points from its all time high at the turn of the millenium. The headline index figures do not…
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