dow jones

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Gold On Track For A Record Yearly Close

27 Dec 2023 2 minute read 1 comment SweptOverNiagara $0.22

Just a quick update on the things I like to follow... Gold is doing very well. So good in fact, it's headed for the highest yearly close on record! As shown below, gold is at $2,077. These are historical times for gold, indeed! While Kitco's site is...

My Thoughts on Current Markets-56

24 Dec 2023 3 minute read 0 comments Perfectionist25 $0.18

The trend continues on the Dow Jones side. Seems a bit stuck at 38000's. If 38000 wears out it will accelerate again. There is no problem in the short term, especially as long as it does not fall below 37200. But if it falls below, it will want to ma...

My Thoughts on Current Markets-55

23 Dec 2023 8 minute read 1 comment Perfectionist25 $0.17

Positive pricing has been continuing in the USA for a long time. The first positivity came in line with inflation expectations. The increase in inflation stopped, and when Powell said "There may be an interest rate cut in 2024", all the negativities...

My Thoughts on Current Markets-51

17 Dec 2023 3 minute read 0 comments Perfectionist25 $0.15

Let's start on the German side. The breakout that started at 15000 took us to the levels of 16800 -17000. 16700 is a very important level for us from now on, and then 16600 - 16700 dax is important for us from now on. If there is a breakout and start...

My Thoughts on Current Markets-48

10 Dec 2023 3 minute read 3 comments Perfectionist25 $0.26

Let's start with Dow Jones. I can say that he made a very fast movement and went into rest mode. It is resting in the 36000 - 36500 region. Currently, especially 36500's are important levels. This can be seen as the most important resistance before t...

My Thoughts on Current Markets-42

25 Nov 2023 3 minute read 0 comments Perfectionist25 $0.22

On the Dow Jones side, we were already talking about the breakout and Bollinger upper band. What is important here? From now on, we should never break this region in case of a possible retreat above 34800 or 35000. Unless it breaks this region, the s...

My Thoughts on Current Markets-38

19 Nov 2023 3 minute read 0 comments Perfectionist25 $0.15

In Dow Jones, Bollinger is going to the top, there is a return from the top, balancing is trying in the middle band. It sags below it for a bit and then rises above it. After the breakout occurs, it goes down to the lower band, which is where I previ...

My Thoughts on Current Markets-16

18 Sep 2023 3 minute read 0 comments Perfectionist25 $0.04

We have seen a similar sawing movement in Dow Jones for a long time, continuing in a certain range, with 34200 being the lower point and 35600 being the upper point. After making a sharp upward move on Thursday, it gave back half of the premium it ma...

Bitcoin Gold Silver Stocks Down In Tandem Overnight

6 Jan 2022 3 minute read 0 comments SweptOverNiagara $0.15

After hitting a record $69,000 USD in November, Bitcoin has suffered a series of lower highs and lower lows and in a steady descent over the course of two months, has lost about $26,000 in value. Just since January 1, Bitcoin has lost about $4,000. A...

Why The Crypto Market Is Dependent On Stock Market

13 Jul 2020 2 minute read 3 comments reedyzzx $1.15

The rise and fall of the crypto market are dependent on the stock market. If you don’t believe it, you can check the correlation between the two industries and their price action this year (2020). For example, during the first week of March, both the...