S&P SPDRs

As the concerns about approaching Europe austerity and the continuation of the debt problems there, many investors are looking for ways to reduce risk and add a level of safety to their portfolios. Gold has become a premier destination for safety, but some investors would like more. Cash is king,...

Time to look, once more, at the shares of PS DB MultiSect Met ( DBB:NYSE ) or PowerShares Base Metals Fund ( DBB:NYSE ) as a potential short candidate. Previously it was a short candidate at 21.10 and the price objective was 19.71 . The share price reached a low of 21.02 where it reversed when...

The main action in the S&P 500 Index ( $SPX ) was essentially completed in the first hour of trading. After the Open at 1100.00 the Index rose to a lower high of 1112.29. In the process the Fibonacci level 1112.24 was tested and resulted in a failure.as the Index dropped below that level and...

The correction started late in the session after an intraday High of 1108.24 was reached. This action and the resulting retracement resulted in the test and failure of the Fibonacci sub-level at 1108.03. The retracement should be minor, in nature, as there is still more upside before the Index...