gold trading

Update on Gold

The market has recently pulled back and unfortunately its support did not hold, which increases a likelihood of further dip. As you can see below, the S&P 500 crashed its support level ( orange line ) and will now search for new support. I don’t know if it’s going to be one of the moving…

gold investing

Beating Market with Gold Stocks

After a stock market crash in March, the investors are now afraid of everything. While bulls are hoping for V-type of recovery rationalizing the power of quantitative easing, the bears are explaining the future price curve with disappointing upcoming statistics. I am going to focus on what is certain and what is doing better than…

stock market correction

Bull, Bear, Recession or What?

S&P 500 landed on a very famous moving average – 200 SMA – yesterday what serves as an important support level recognized on the daily charts. Naturally, a stock market reacts to the positive/negative news in short-term and thus, this level will unlikely hold. The yield on the 10-year Treasury bond fell to a 20-month…

defensive stock trading

Defensive Play with PPL Corp.

The longest ever bull market has been experiencing corrections last year and even though it has recovered now, the investors are not that confident anymore. A general doubt about the economy future performance makes people change their positions within a stock market in favor of more certain holdings. In the current market cycle level, which…