22 December 2015

SP 500 and NDX Futures Daily Charts - 'Santa Claus Rally'


There are very light volumes now, most likely for the rest of the week.

Unless 'something happens.'

In this sort of environment, it is relatively easy to tweak the stock market higher.

Have a pleasant evening.







21 December 2015

Gold Daily and Silver Weekly Charts - Bounce From Last Week's Option Expiry Antics


Gold and silver had a continuation bounce from the lows last week into the big option expiry in stocks.

The bullion deliveries at The Bucket Shop continue to be dominated by 'house to house' transactions.

Otherwise it is all hot potato trades in synthetic gold, with silver still seeing some active movement in the warehouses.

Record 13 tonnes gold exports from Australia to China in August.

Have a pleasant evening.













SP 500 and NDX Futures Daily Charts - And Now the Bail-Ins


As you may have heard, four Italian banks failed last week on bad investments, and the savers are being 'bailed-in.'

Stocks managed a bounce today in quiet holiday trading.

Have a pleasant evening.








NAV Premiums of Certain Precious Metal Trusts and Funds


Gold and silver have bounced back from last week's 'quad witching equity option expiry slump' in prices.

Let's see if they can get something going from a potential double bottom.