What Happens When You Bet It All On Silver In April 2011 Trader Scott’s Market Blog September 29, 2016 Click here to see where you live now. Click hereto see a chart of your primary residences over the years. Sign up for…
Gold Confusion Trader Scott’s Market Blog September 28, 2016 I need to clear up some real confusion. I know my writing at times takes some decoding/deciphering by readers. I’m trying to keep improving at that. So as to the recent GDX charts, or any charts for that matter, I give the SUPPORT…
Gold Update Trader Scott’s Market Blog September 28, 2016 I believe the PMs are in a major bull market from the lows from late last year thru January.The daily chart #1 shows the very large ACCUMULATION (weak hands to strong hands) area in GDX. It is in the latter stages…
Tick-Tock Trader Scott’s Market Blog September 27, 2016 The overall confidence level in central banking has peaked. The overall confidence level in government has peaked. The overall confidence level in globalism has peaked. Even theconfidence level of the elitists to be immune from the disaster awaiting…
Guessing/Overanalyzing/Figuring/Predicting Trader Scott’s Market Blog September 27, 2016 Guessing/overanalyzing/figuring/predicting in regards to markets generally leads to confusion/hesitation/fear/no confidence – which usually means one thing – losing. We all need to have some (at minimum somewhat reliable) method to be able to survive in markets. And we need to have complete confidence in…
Stock Market Update Trader Scott’s Market Blog September 27, 2016 I have no trading position in the general stock market (SPY), nor an investment position. The complacency in all markets currently is very concerning. That will change. Markets move between complacency and apathy. And also between greed and fear. These…
Trending Markets Trader Scott’s Market Blog September 23, 2016 “The public is often right during the trends, but wrong at both ends.” I send out a quote of the day and other “treats” to our subscribers. (Sign up here.) That brilliant quote from Humphrey Neill, today’s quote of…
Weekend Dedication Trader Scott’s Market Blog September 23, 2016 The great Casey Kasem used to do “touching” weekend song dedications on his very popular weekend shows. I would like to continue that tradition. But instead of touching dedications, mine will be mocking dedications. The first one,Don’t Fear the Reaper, was dedicated…
Market Update Trader Scott’s Market Blog September 22, 2016 The Fed meeting circus did nothing to change my outlook for markets. I spend almost no time pondering what the clowns at the central banks (CBs) are doing. Over the last several decades, the CBs, along with the governments of the Western…
Gold Update Trader Scott’s Market Blog September 20, 2016 The two main things in a chart that I’m interested in are the price and the volume–and the intricate relationship between the two. That’s how I determine the TREND of the market and also how I identify the SUPPORT and RESISTANCE zones….
Market Update Trader Scott’s Market Blog September 20, 2016 The stupid, moronic, pernicious, idiotic, clueless Federal Reserve releases its’ post-meeting announcement tomorrow. I’m going to do a couple of quick market updates before that. But first, I do not have any idea, nor do I care what the Fed does…
Agriculture Trader Scott’s Market Blog September 20, 2016 I’ve written many times about my wild bullishness LONG TERM about agriculture like here, here, here.I have disclosed several times that I made my initial purchase of the ETF (RJA) in March and that I would look to add on later in the…
Leverage Trader Scott’s Market Blog September 20, 2016 This is an e-mail conversation that I had with one of our great readers. I thought it could be helpful: Q: Signed up with a new broker the other day…. and holy cowbells!! Amazing, for me at least. I can short, use CFD,…
“Don’t Confuse Brains With a Bull Market” Trader Scott’s Market Blog September 19, 2016 An addendum to a previous quote of the day (sign up for Trader Scott’s e-mail list updates below) by Humphrey Neill: “Don’t confuse brains with a bull market.” Call me Mr. Obvious, but I would add…
“The Big Short’s” Steve Eisman Reveals What the Next Big Short is Trader Scott’s Market Blog September 19, 2016 The title of this post is from thisZero Hedgearticle. It discusses the “Big Short. But beware of this concept, virtually no one succeeds at it. Here is my view of…
Middle Class Americans Had Their Fastest Income Growth On Record Trader Scott’s Market Blog September 17, 2016 “Hello, Hello, Earth to the New York Times.” I’ve received many questions as to why I ignore virtually all economic “statistics” (lies) and “data” (spin). The attached article from the New York Times is…