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Posts by David Chapman

Up one day down the next. Confusing. But big trend #SPX #Gold #WTIoil all up. #SPX up but topping, #Gold up but in sharp correction awaiting upside breakout, #oil up but event driven. Appears to be making huge triangle pattern that should break to upside. Whims of #President.

18 hours ago 0 0 0 0

Surprise! Surprise! #Ceasefire on the ropes. #Oil up #stocks #gold down. #Ceasefires rarely hold and this one no different. So is this just a pullback from overbought? Or is a bigger drop coming? 6800 key #SPX, #Gold must get through 5000 to suggest higher and hold above 4600.

2 days ago 1 0 0 0

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#Stockmarket trading at record highs. Why when #consumers are gloomy? But #rich get richer. #Gold looks positive. #Oil is volatile as is the situation in the Gulf with on again off again on again #blockades.

3 days ago 0 0 0 0

After the #stockmarket once again hits all-time highs (#SPX, #Q) we are pulling back as #oil prices rise. #Gold #goldstocks also pulling back. The highs for #SPX #Q diverged from #DJI #DJT. Potentially significant. Is the #peace deal between #US #Iran unravelling?

6 days ago 0 0 0 0

#SPX practically back at the highs. Did a #war take place? #Market back and forth depending on whim whether peace in our times or more #war. #Gold progressing but not back at highs. #Goldsilver ratio moving in favour #silver +ve sign. #GoldHUI ratio moving favour #HUI +ve.

1 week ago 0 0 0 0

It seems that as long as they pretend to talk peace #Iran #US it helps keep a lid on #oil prices. Talk also helps #stocks and #gold. We're now in a wishy washy market. Talk and #oil goes down. But if #ceasefire breaks then we are going up. Ultimately charts are saying we're going higher.

1 week ago 0 0 1 0

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#Blockade the blockade. #Oil prices up overnight. We look at the big picture. #Inflation heating up for round two just like the 70's. #Worst is yet to come economically and market wise. #Sentiment sinking

1 week ago 0 0 0 0

Confusion about status of #ceasefire has #stocks pulling bank #oil crawling back and #gold flatish but the #goldstocks are moving higher a positive sign. The #ceasefire or lack of one will plague #markets going forward. So far the huge rise for #stocks is just noise.

1 week ago 1 0 2 0

#Ceasefire? What #ceasefire? #Oil rebounds back over 100, #stocks sink after yesterday's big rally. #Goldstocks also faltering even as gold up a bit. Yesterday was a #relief #rally nothing more. Or sharp #correction for #oil. The bigger trends remain firmly in place.

1 week ago 0 0 1 0

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#War continues and its getting #expensive. More jitters about #privatecredit. #Jobnumbers surprise but is it really that good. #Oil soaring again and it looks to go higher. #Gold up but no low confirm. #Stocks at resistance.

2 weeks ago 0 0 0 0
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#StockMarkets #gold rebound. #SPX stalled at 200 DMA. #Gold is turning up but want 100 DMA near 4600 to hold on pullbacks. #Oil elevated up 10%. Can new highs be far behind? #Bondi fired.

2 weeks ago 0 0 0 0

Send #Iran to the stone age, walkaway. Which is it? #Markets freak as #gold #stockmarkets tank #oil shoots up. 6300 #SPX key. #Gold may have completed an ABC corrective but test of low near 4100 possible. #Silver 61. #WTIOIL appears headed for 120 and new highs.

2 weeks ago 0 0 0 0

Follow through from yesterday's big up day everyone rushes to believe #Trumps declaration war will be over in 2 or 3 weeks. Then why big #troop buildup? #Gold #stocks all follow through. Is this a low or just a hook? #SPX testing underbelly of 200DMA. $Gold needs to break 5000.

3 weeks ago 0 0 0 0

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Oil rising in wild week. Stock market breaking down. Gold reverses and closes up. Entering week 5 of this war with Straits still closed and no sign of reopening. Impact on global economy will be immense the longer this goes on.

3 weeks ago 0 0 0 0

#MidEast chaos continues #Straits remain mostly closed. Ongoing #US #Israel #Iran war. #Oil up #stocks plunge. Divergence #gold up. #Gold bottomed? Over 5000 first to help confirm a low. 4400 appears to be holding but divergence between #gold #stockmarket a potential game changer

3 weeks ago 0 0 0 0

Oops! Trump does it again. Call a ceasefire negotiations and hope the #market responds - #stocks, #gold, #USDX up #oil down. The grift continues. 15 point plan? Seems #Trump thinks #Iran is talking but #Iran denys. But as long as the #stockmarket goes up #Trump is happy.

4 weeks ago 0 2 0 0

#War on. #War off. #War on.. One day up followed by a down day. #Volatility? Yes. Yesterday we note #Gold hit 200 DMA new lows for move then rebounded. #Silver no new lows for move. #Divergence? #Consolidation begins but retests of low probable. Confusion reigns over #war. On/Off

4 weeks ago 0 1 0 0

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Things heating up. #Stockmarket on verge of breakdown. #Gold & PMs oversold. Sea of red ink. Only #oil and #gas up. #Fed holds rates They are caught between a rock and hard place. #Airlines crashing. #Privatecredit teetering. Put on your hockey helmet.

1 month ago 0 0 0 0
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#Iran war week 2 #oil is soaring. #Stockmarket rolling over hasn't cracked #gold floundering strong #USDX #bond yields. #Oilstocks only thing up #energy indices hit 52-week highs. #Private #equitycredit floundering. #Cockroaches? Canada #jobnumbers weak.

1 month ago 0 1 0 0

Really whacking the #goldstocks today especially the juniors. #Indices not oversold yet. Support at recent lows for #HUI #TGD. Lot of juniors have been cheapened up from this selloff. #Oil bouncing higher again. #Stocks turning lower again. #SPX 6500 remains crucial.

1 month ago 0 1 0 0

Is it any surprise that #oil is higher. The war was over? Not quite. #Gold continues to be battered by a stronger #USDX and #bondyields. #Stockmarket sinking but crucial is 6500 #SPX. #WTIC needs to regain 109 to suggest new highs over 120. #Gold breakout over 5325 + new highs.

1 month ago 0 0 0 0

The easy thing to say is do you believe #DonaldTrump when he says the #war is about over. Explains yesterday's big rebound that has follow through today. Nonetheless #SPX broke our first support, #gold #silver still consolidating #oil still in uptrend. It aint over till its over.

1 month ago 0 0 0 0

#Oil up #stocks down #golds down all are off their highs/lows. There's panic but it disapated for now. S&P 500 broke 6800, more important to break under 6400 6500. #Oil needs to rise above at least 120 to consider any real global problems even as we are no doubt headed that way.

1 month ago 0 0 0 0

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Getting #oily. Only real story of the week the invasion of #Iran the subsequent leap in both #oil and #gas prices. Result #energystocks up #USDX up bond #yields up #stockmarket down #gold gold stocks down. US #jobnumbers negative. #Recession looming?

1 month ago 1 0 0 0

Weak #nonfarm sent #stocks tumbling, #gold #silver up #goldstocks largely unchanged. #USDX rose then fell bond yields steady. #War continues with the #Straits #Hormuz effectively blocked #oil prices leaped with #Brent near 90. Add in supply disruptions and #inflation should rise.

1 month ago 1 0 0 0

Bounce back day #gold #silver recover from yesterday's debacle. Irrespective of the gyrations we remain in a bull market although short term we need resolution but only with new highs #gold over 5500. #Silver may struggle to regain 121. Pause day for #oil as more clarity needed.

1 month ago 0 0 0 0

Ouch! Mini crash. #HUI #TGD down 10% #DJI down 1100 points As long as we hold recent lows for #gold #silver #goldstocks we should be ok. But this may be our C wave. The corrective wave is setting up as an ABC with the B wave making new highs for #HUI #TGD but not #gold #silver.

1 month ago 0 0 0 0

As was expected both oil and gold rose and stocks fell. But something funny happened on the way to elation. Gold pulled back silver turned down and the gold stocks sold off. Maybe the gold market believes this won't last long. But Bitcoin higher?

1 month ago 0 0 0 0
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Things are heating up. Bomb bomb bomb Iran. Oil and gold to soar? Stock Markets wobble? Risk is everywhere. Gold super cycle to continue. Will oil and energy follow?

1 month ago 0 0 0 0

Bomb #Iran? Seems to be getting closer as #oil #gold #silver jump and evacuations get underway. #StockMarket tanks as #privateequity concerns mount. We still need to take out #gold 5325 and #silver 108 to suggest to us that new highs are probable.

1 month ago 0 0 0 0