Let there be Boston Marathons everywhere! Half of my stream, it seems, wants to run the Boston Marathon next year in a show of support after yesterday’s horrible attack. I love the sentiment and want to do it too. Logistically though, if even 5% of the people who are now saying that they’d like…
I had a quick conversation yesterday evening with Kitco’s global director of trading, Peter Hug. Peter has been researching and trading the metals since before you were born and he knows the space from every angle. We covered much ground here including: 1. Tracing the catalyst for the selling in gold to Cyprus and…
As you are all likely aware, gold is getting crushed, now down 125usd though off last night’s lows in the futures markets. There have been hundreds of charts relating to the metal posted to The StockTwits Charts Stream in the last 24 hours and many of them are excellent. I am posting a small…
Thrilled to do the Google Hangouts Session with Kimble Charting Solutions’ Chris Kimble. For those of you who don’t know him, Chris is a master technician who weaves themes, from the global macro to the historical, through his work in an engaging, provocative and humorous way. We talked the stages of a bull, the…
The latest AAII Sentiment Survey again indicates extraordinary reactivity to price. Last week, the major equity indices pulled back a bit with the S&P 500 losing 1.3% (intraday high to low), the $DJIA a little over .5%, the Nasdaq 2% & the Russell 2000 a little more than 3%. In response to this shallow…
Today’s Bitcoin crash was captured exquisitely on the StockTwits Charts Stream. First, @pinkhasov posts a screenshot of the spark that may have set off the crash, a denial of service attack on major bitcoin exchange sites: Next, @jaquatech captures the majority of the damage with 4 hour candles: Love this 24 hour view…
I have been posting these Bitcoin charts to StockTwits for a couple weeks now. As I am writing, $BCOIN has crashed more than 100 points off its highs earlier this morning though I am sure by the time you are reading this the price will have changed drastically again. This is not so much…
As social media increases the velocity of communications, financial institutions are getting more involved. Meanwhile, platforms such as StockTwits and Twitter are still relatively new and so the institutions themselves are faced with a myriad of questions and challenges around how to employ these tools. On Thursday, I will join Chair, Diane Saucier (who…
Early last year, I posted this 30 year General Mills ($GIS) chart. It was such a beauty and I bought some for the kids and retirement accounts. The very long term trend is sublime, though in hindsight I’m sure those who bought in the middle of 2008 did not feel that way as even…