In a stark reversal from the collapse of nearly every market just six months ago, the winds of inflation have pushed the sails of those same markets back to new (or near) all-time highs.Read More

Precious metals prices broke out this morning above key resistance levels in the mining sector as well as the underlying futures market for the raw metal.Read More

The S&P500 finally worked its way back above 3000 today, and in the process has cast into question the likelihood of a second wave down. In the sight of all doubters, price has pushed through the 61.8% Fibonacci retracement of 2920 measured from the February highs to the March lows.Read More

The last two weeks have been extremely volatile in the markets, and for the first time in a long time my friends and family have called to inquire about “what is going on in the markets?”Read More

In this video, I review key technicals in the US housing market, specifically the real estate ETF REZ, home construction ETF ITB, mortgage rates and lumber.Read More

I made a brief video this evening to quickly run through some key charts I'm following and where I see the big picture trends.Read More

Happy New Year! We are kicking off the New Year with stocks at all-time highs, oil prices spiking on Middle East tensions, and the precious metals complex following through nicely for our November/December videos. If you haven’t had a chance to watch those videos, they offer a helpful background on the technical setup for metals...Read More

In advance of tomorrow’s Fed meeting and decision on interest rates, I am closely monitoring the S&P500 priced in gold. The S&P500 has broken out to all-time highs and has successfully retested the breakout, while gold has retreated ~$100 from its highs in August, either setting up a washout to a new near term bottom...Read More

In the chart above, I analyze mortgage payments as a function of interest rates and loan size. Much has been written about the increases in home price over the past two decades, as the average home in America has nearly doubled (+88%) from $165,000 to $311,000 (orange line).Read More

The month of November was a significant expression of bullishness in the markets, as the S&P500 knifed through the 261.8% Fibonacci extension with a strong monthly candle close to new all-time highs. Taking a longer term view, the technical tailwind appears to be supporting a run to 4500+ to the 461.8% extension – nearly 50%...Read More