One’s bottoming, one’s topping and one’s consolidating. Can you guess which is which? Give yourself a cigar if you said oil, U.S. Dollar and gold. The 50-Day Moving Average is just pennies away ($42.50). A close above it could bring in some technical buying. Some early signs of peak supply is showing up and with [...]

I’ve stated that shorting the 20yr and 30yr Treasury Bonds are no-brainers. We’re not suppose to guarantee anything but death and taxes but if we could do a third, it would be this play. I think we’re about to break below 125 and test at least 112 before years-end. Never have so many countries been [...]

Like it or not, President Obama could sell ice in the winter. The man is a superb speaker and oozes charm. I’m convinced that his ability to woo the majority has kept us from falling into the abyss. Yes, some have managed to chip away at his armor and expose his lack of depth. Unfortunately [...]

I’ve stated that if and when I get back in on the long side of equities, the Canadian banks are likely to be among my first stock selections. I love getting long the Loonie here as I see parity in next two years. Watch video

I was out on the golf course and had a great round, especially in the bar. What can I say without repeating what I’ve already said since October 2007. It’s amazing how bearish things are that a 15-year uptrend line can’t even offer more than a couple of hours of support. A one day violation [...]