A Snapshot of Safe Haven Sentiment 1.21.21

A Snapshot of Safe Haven Sentiment 1.21.21

This provides a snapshot of safe haven price movement using five indicators:  S&P 500: Black Dollar Index Futures: Green Gold Futures: Gold Silver Futures: SIlver Copper: Red   The S&P 500 index provides a general picture of broad market performance....
Weekly Pivot Points for Precious Metals 1.17.21

Weekly Pivot Points for Precious Metals 1.17.21

The pivot points are based on an SFO article in December 2004 by John Seekinger titled Take a Two-Dimensional Approach. He offers these tips.   Gold Futures (GC) S2 S1 Pivot R1 R2 1790.10 1810.00 1837.00 1856.90 1883.90   Silver Futures (SI) S2 S1 Pivot R1...
Weekly Pivot Points for US Stock Index Futures 01.17.21

Weekly Pivot Points for US Stock Index Futures 01.17.21

Here are the weekly pivot points for the week beginning January 17, 2021.    Many of these indices are reaching their R2 levels. So keep these in mind.   S&P 500 Futures – ES (continuous contract in front) S2 S1 Pivot R1 R2 3695.58 3728.92 3774.83...
A Six-Index Snapshot of the Broader Economy 1.15.21

A Six-Index Snapshot of the Broader Economy 1.15.21

This quick-glance market barometer is based on a model created by Mish Schneider of Market Gauge.  It tracks six indices:   Russell 2000 (IWM): represents the broader market with emphasis on smaller-cap businesses. Regional Banks (KRE): represents small banks...
Weekly Pivot Points for Corn, Soybeans, and Wheat 01.10.20

Weekly Pivot Points for Corn, Soybeans, and Wheat 01.10.20

I’ve done everyone the convenience of converting cents to dollars. So that a price of 1275’2 (in cents) reads 12.752 (or $12 dollars and $0.752 cents).   The pivot points are based on an SFO article in December 2004 by John Seekinger titled Take a Two-Dimensional...
Weekly Pivot Points for Energies 1.10.21

Weekly Pivot Points for Energies 1.10.21

Here are the weekly pivot points for the week beginning January 10, 2021.   Crude Oil (CL) S2 S1 Pivot R1 R2 45.15 48.70 50.72 54.27 56.29   Natural Gas (NG) S2 S1 Pivot R1 R2 2.475 2.587 2.679 2.791 2.883   RBOB Gasoline (RB) S2 S1 Pivot R1 R2 1.2968...