Major US Equity Indices Oversold – On Lookout For Reversal Signal

From trade disputes to declining corporate profits to yield-curve inversion, there is no shortage of issues for worrywarts to worry about.  From recent highs, major US equity indices have dropped in the mid- to high-single digits.  Medium term, more downside … Continued

Gold Gets No Love, But Trying To Stabilize – Dec ’15 Trend Line Defended

It is increasingly getting difficult to discern if US markets are in risk-on or risk-off mode.  There is a bid under the long end of the sovereign bond market.  This in general is a risk-off behavior.  Both the S&P 500 … Continued