The S&P Languishes – Again – Around Key Support at 1040

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Not much new on Wall Street today – another lazy day in late summer.  Stocks continue to churn on anemic volume just above key support levels: The S&P continues to mill about just above its key support at 1040. (Source: StockCharts.com) Meanwhile, it seems like most investors are well aware of the fact that September […]

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Could the re-emergence of Mr. T be the mother of all sell signals for gold? Kevin Depew, Editor-in-Chief of Minyanville, explored the “Mr. T Gold Indicator” in a wonderfully written – and hysterical – article: The Mr. T Gold Indicator is a proprietary technical indicator created by Minyanville to identify and anticipate prospective exhaustion points […]

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