http://www.thedocument.com/ Commodity and Stock Trading from TheDocument.com Tue, 24 Feb 2009 16:30:00 EST en-us http://www.thedocument.com/stock_market_blog/2010/20100309_gold_daily_cycle_low.cfm Tue, 09 Mar 2010 17:33:17 EST Equities continue to be unphased by either overbought readings or advances by the dollar. The SPX set new closing and intraday highs for the rally out of the February low, while tech stocks set new closing and intraday highs for the entire rally out of last March, following small caps which did so last week. At some point, though, stocks are going to have to... http://www.thedocument.com/stock_market_blog/2010/20100309_gold_daily_cycle_low.cfm http://www.thedocument.com/stock_market_blog/2010/20100308_dollar_intermediate_cycle.cfm Mon, 08 Mar 2010 23:05:28 EST Gold action continues to confound eager bulls by refusing to form its next impulsive move higher, but in the grand scheme of things, we are just witnessing the type of chop shop one would expect ahead of a significant move. Gold, like any other asset, will shake off as many weak hands as possible before... http://www.thedocument.com/stock_market_blog/2010/20100308_dollar_intermediate_cycle.cfm http://www.thedocument.com/stock_market_blog/2010/20100307_precious_metals_rally.cfm Sun, 07 Mar 2010 09:56:27 EST Much to the chagrin of legions of bears, stocks responded to the employment report by posting a bull run session and setting new highs for the rally out of the February low. In fact, small caps are handily setting new highs for the entire cyclical bull, and the NDX is only a whisper away... both strong signs that... http://www.thedocument.com/stock_market_blog/2010/20100307_precious_metals_rally.cfm http://www.thedocument.com/stock_market_blog/2010/20100303_stock_market_correction.cfm Wed, 03 Mar 2010 22:25:00 EST Both stocks and precious metals seem to playing the ages-old game of climbing a proverb known as the wall of worry. Despite a 7% rally out of the February low for stocks and a nearly 9% rally for gold (and almost 18% for silver), markets are still taking baby steps higher. The last two sessions even witnessed late-day sell-offs, as if traders were concerned about... http://www.thedocument.com/stock_market_blog/2010/20100303_stock_market_correction.cfm http://www.thedocument.com/stock_market_blog/2010/20100302_dollar_rally_pivot_point.cfm Tue, 02 Mar 2010 21:06:41 EST Gold and gold miners followed silver's recent breakout by moving to new highs for the rally out of February. The moves are an important confirmation and put precious metals assets one step closer to igniting the parabolic run we have been stalking since ... http://www.thedocument.com/stock_market_blog/2010/20100302_dollar_rally_pivot_point.cfm http://www.thedocument.com/stock_market_blog/2010/20100227_pivots_and_the_dollar_cycle.cfm Sat, 27 Feb 2010 17:13:26 EST In Thursday's post I outlined three market developments which need to occur in order to confirm our outlook for a parabolic run in precious metals. Silver was the only asset to make an attempt at complying with the requirements, posting a 40c rally on Friday. We still await explosive moves in gold, junior miners, and the S&P 500. I have a feeling those moves will... http://www.thedocument.com/stock_market_blog/2010/20100227_pivots_and_the_dollar_cycle.cfm http://www.thedocument.com/stock_market_blog/2010/20100225_dollar_rally_failure.cfm Thu, 25 Feb 2010 16:28:55 EST After the impressive reversal posted by precious metals and especially miners during today's session, I have no doubt that many readers are visiting The DOCument this evening seeking a declaration that our parabolic run is underway. Indeed, it was an impressive reversal, and there is volume to... http://www.thedocument.com/stock_market_blog/2010/20100225_dollar_rally_failure.cfm http://www.thedocument.com/stock_market_blog/2010/20100224_gold_silver_bull_market.cfm Wed, 24 Feb 2010 19:35:56 EST You know what's interesting is that despite all the fuss this week over the dollar's reluctance to submit itself to the collective will of gold bugs, the DX has only recaptured about half of Friday's range. Despite all the fuss over how gold isn't shooting to the moon, the yellow metal has only coughed up about $25 of a $75 gain off the February low. Despite all the fuss over how stocks are about to... http://www.thedocument.com/stock_market_blog/2010/20100224_gold_silver_bull_market.cfm http://www.thedocument.com/stock_market_blog/2010/20100223_moving_average_resistance.cfm Tue, 23 Feb 2010 16:31:22 EST The purpose of technical analysis is to help filter out noise and control emotion such that a trader can position on the right side of powerful moves and ignore all the shakes and wiggles. Unfortunately many traders take TA to an extreme by using a scientific approach in their interpretation. However, the very fact that technical analysis is open to... http://www.thedocument.com/stock_market_blog/2010/20100223_moving_average_resistance.cfm http://www.thedocument.com/stock_market_blog/2010/20100220_stocks_yearly_cycle_low.cfm Sat, 20 Feb 2010 11:10:12 EST Okay, so I lied. Markets did not struggle any more over the perniciously-designed discount rate hike than the perniciously-designed IMF gold sale announcement. Precious metals, in fact, completely brushed aside the news and posted new rally highs. Silver was especially strong, gaining nearly 3%. After a small opening... http://www.thedocument.com/stock_market_blog/2010/20100220_stocks_yearly_cycle_low.cfm http://www.thedocument.com/stock_market_blog/2010/20100218_discount_rate_hike.cfm Thu, 18 Feb 2010 20:16:34 EST Obviously, the biggest news of today's session came after the session finished. The Federal Reserve announced a 25bp hike in the discount rate. The immediate effect was to slap gold for 12 bucks and silver for 30 cents. After yesterday's late-hour announcement by the IMF, precious metals bulls must be feeling quite weary. However, I noted in the comments section that I expected... http://www.thedocument.com/stock_market_blog/2010/20100218_discount_rate_hike.cfm http://www.thedocument.com/stock_market_blog/2010/20100216_stocks_bull_run_session.cfm Tue, 16 Feb 2010 19:44:46 EST The market finally delivered a big day for us gold bugs. Precious metals and stocks followed through grandly on their recent sets of swing lows. The dollar also formed a daily swing high and fell sharply enough to nearly form a weekly one. In addition, the SPX finally printed the bull run day we've been seeking as further confirmation. If enough traders got... http://www.thedocument.com/stock_market_blog/2010/20100216_stocks_bull_run_session.cfm http://www.thedocument.com/stock_market_blog/2010/20100215_stock_market_correction.cfm Mon, 15 Feb 2010 15:03:02 EST Despite the five-day lag since my last post, there really isn't a whole lot to add to the outlook. The stock market acted more or less as expected late last week by breaking higher out of a pattern which twice before trained the masses to look lower. However, the charts still lack the sort of impulsive moves that typically... http://www.thedocument.com/stock_market_blog/2010/20100215_stock_market_correction.cfm http://www.thedocument.com/stock_market_blog/2010/20100210_reversal_pattern_swing_low.cfm Wed, 10 Feb 2010 22:01:48 EST The last few sessions have seen a whole lot of shakin' but very little movin'. The markets are due for a big move, and the question on everyone's mind is a matter of direction. Given that the swing high in the dollar is still intact and that we are due for a yearly cyclical low in equities, the odds still favor the direction being up. The only confirmation missing is... http://www.thedocument.com/stock_market_blog/2010/20100210_reversal_pattern_swing_low.cfm http://www.thedocument.com/stock_market_blog/2010/20100209_dollar_index_swing_high.cfm Tue, 09 Feb 2010 20:25:51 EST I kind of like this left coast schedule. Market closes at 1:00. Head out for a relaxing lunch. Come back for some market review and blogging& and I've still got the whole evening in front of me. No wonder Gary is always so laid back! Well, the market delivered a few desired developments today, the most important of which... http://www.thedocument.com/stock_market_blog/2010/20100209_dollar_index_swing_high.cfm