iShares Silver (SLV)

I’ve been bullish on commodities of late, but the recent action in iShares Silver (SLV) where a strong bearish wedge has confirmed to the downside, makes it more than likely that ETF will see $22 in the short-term.  So hold off on adding any new positions in this stock.  Here’s the technical analysis for

A lot of people have said for years that I was crazy for saying Gold and Silver was in a huge commodity bubble (similar to the housing market 10 years ago) and way overvalued. But now we are finally starting to see the writing on the wall and it doesn't look good at all for

I’m’ not a big fan of these commodity miners – particularly when it comes to silver miners, because usually it is ultra difficult to find a the right setup that offers an ideal risk/reward opportunity.  I might have to really rethink that one here though, because, we’ve got two mighty tempting setups here – the

Pre-market update (updated 9am eastern): European markets are trading -0.7% lower. Asian markets traded -1.3% lower. US futures are moderately lower of the bell.  Economic reports due out (all times are eastern): Empire State Manufacturing Survey (8:30am), Treasury International Capital (9am), Housing Market Index (10am) Technical Outlook (SPX): We saw some weakness on Friday, but what

Pre-market update (updated 9am eastern): European markets are trading 0.5% higher. Asian markets traded 0.8% lower. US futures are trading moderately lower ahead of the opening bell. Economic reports due out (all times are eastern): GDP (8:30am), Jobless Claims (8:30am), Corporate Profits (8:30am), EIA Natural Gas Report (10:30am), Kansas City Fed Manufacturing Index (11am)  Technical

Pre-market update (updated 9am eastern): European markets are trading -1.1% lower. Asian markets traded 0.7% higher. US futures are trading moderately lower ahead of the opening bell. Economic reports due out (all times are eastern): MBA Purchase Applications, Pending Home Sales Index (10am), EIA Petroleum Status Report (10:30am), Farm Prices (3pm) Technical Outlook (SPX): SPX

Pre-market update (updated 9am eastern): European markets are trading mixed/flat. Asian markets traded -0.4% lower. US futures are trading slightly higher ahead of the opening bell. Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45am), Durable Goods Orders (8:30am), Redbook (8:55am), S&P Case-Shiller HPI (9am), New Home Sales (10am), Consumer Confidence (10am), Richmond

Pre-market update (updated 9am eastern): European markets are trading 0.6% higher. Asian markets traded 0.9% higher. US futures are trading slightly higher ahead of the opening bell. Economic reports due out (all times are eastern): Chicago Fed National Activity Index (8:30am), Dallas Fed Manufacturing Survey (10:30am) Technical Outlook (SPX): A nice rebound from the previous day’s

Pre-market update (updated 9am eastern): European markets are trading 0.2% higher. Asian markets traded -0.9% lower. US futures are trading slightly higher ahead of the opening bell. Economic reports due out (all times are eastern): None Technical Outlook (SPX): SPX had its biggest sell-off yesterday since 2/25.  We continue to see the volume flow

Pre-market update (updated 9am eastern): European markets are trading 0.8% lower. Asian markets traded mixed between -0.2% up to +1.3%. US futures are trading flat ahead of the opening bell. Economic reports due out (all times are eastern): Jobless Claims (8:30am), PMI Manufacturing Index Flash (8:58am), FHFA House Price Index (9am), Existing Home Sales (10am),