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May 6, 2008 Charts of the Day ********************************************************************************************* May 5, 2008: Chart of the Day
Updated Chart of the SP500 in the 1990 vs 2008 Recession. The similarity between the stock market bottom in 1990 and 2008, as illustrated in the Charts of the SP500 of the two periods, has been highlighted in this site since February and continues to be striking. See: The scenario for a possible stock market bottom:1990 recession re-visited again ******************************************************************************************************* April 30, 2008 Follow up as of May 2, 2008
Pan American Silver (PAAS): A Fundamental Charting Experiment As of May 2, in spite of a big drop of Gold prices below $850 intraday, PAAS was down only slightly and did not violate the calculated minimum price of $32. Observations will be continued over a three months period before declaring the experiment a success or failure. ********************************************************************************************************************************************* April 30, 2008
Charts of the Day Schizophrenic Gold and Stock Markets' Response to the Fed's Monetary Policy Announcement. Both Gold and stock markets reacted to the Fed's somewhat evasive statement of monetary policy with a schizophrenic kind of behavior more appropriate for the first "Fools' Day" of April than for the last day of the month. ************************************************************************************************ April 23, 2008
Chart of the Day: Goldcorp (GG) A 10-year weekly chart of Goldcorp featuring a rare clean uptrend channel. This chart was highlighted in a report in a January to emphasize the bullish situation for Gold and Gold stocks at that time (see: Where are we in the Business Cycle: A contraction phase and how Gold fits in it ). While Goldcorp is in a correction phase at the moment, there appear to be no reason to believe that the uptrend won't continue. ********************************************************************************************* April 16, 2008
Chart of the Day: Panoramic Monthly Oil Chart Oil price heading to the top of a multi-year channel. At this time the point of contact with the upper line of the channel corresponds to a price of about $130/barrel. ******************************************************************************************************************************************* April 8, 2008
A Triplet Charts of the Day Three Charts fished out of the Dow Jones Industrial's pond: BAC, C, and GE. They share a special sweet-and-sour flavor, awkward profiles, and intriguing long term prospects even though two of them (BAC and C) are not out of the Intensive Care Unit yet. *********************************************************************************************** April 8, 2008
Gold and the Dow/Gold Ratio Monthly charts confirm recent indications (see: Dow Gold ratio, Weekly Chart) that common stocks are now due to outperform the precious metal sector. *************************************************************************************************************** April 4, 2008 Chart of the Day
ISEE Investors' Sentiment Index: Bullish for the Stock market ************************************************************************** April 4, 2008
Chart of the day: ECRI Leading Index The percent decline of this weekly index has reached the low levels last seen at the bottom of the 1990 and 2001 recessions. Astonishgly, economists are still debating whether or not the economy is in recession. ************************************************************************************************************* April 4, 2008 Chart of the Day
SP500 today vs 1990 Today's Chart of the SP500 is compared to that of the market bottom at the end of 1990. The similarities are striking. ******************************************************************************** March 31, 2008 Update: DOW/Gold Ratio
While Gold takes a well deserved rest , bullish action is switching to common stocks ************************************************************************************************************** March 10, 2008
Continuing under performance of Gold mining shares Weekly and monthly Charts of XAU and XAU/Gold ratio. ************************************************************************************************************* March 9, 2008
Chart of the day: DX chart indicates US Dollar's decline may have run its course for the time being. *********************************************************************************************************** Panoramic EURO Chart March 6, 2008
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Chart of the Day: Average Yearly Gold Price 1930- Feb. 2008
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