Archive for August 31st, 2010

Gold Approaches All-time High

Gold Approaches All-time High

| August 31, 2010

Gold broke above congestion resistance in the $1,240 area today and the long-term uptrend is now approaching the all-time high from June near $1,256. Two weeks ago, we noted the development of a bullish consolidation formation that suggested another long-term breakout had become more likely. Since then, the formation has continued to strengthen, increasing the [...]

Continue Reading

Case-Shiller Home Price Indices Rise Slightly in June

Case-Shiller Home Price Indices Rise Slightly in June

| August 31, 2010

The Case-Shiller data for June were reported today, showing an increase of 0.3% in the Composite 20 index. The bounce off of the 2009 low, driven primarily by government stimuli, remains tepid and is likely preparing to reverse. “Data through June 2010, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the [...]

Continue Reading

Short-term Forecast for August 31, 2010

Short-term Forecast for August 31, 2010

| August 31, 2010

This update is available only to subscribers. Please login or subscribe to view this content.

Continue Reading