The technicals in these markets look pretty weak. Remember we rallied very far, very quickly and now we are in a kind of no man`s land. If you look at some of these charts there is a lot of air beneath the market before you get some real technical support. So certainly there is the potential for another big decline in the markets.
Related exchange traded funds: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 15, 2014
Dec 14, 2014
Stock Market: A Change In Trend?
Earlier in the week I made a podcast and I was wondering wether or not the volatility that we were seeing in the markets may have been portending a change in trend and it looks right now that certainly could be the case.
The Dow Jones Industrials Index finished down 315 points on Friday to cap the worst week for the Dow in over 3 years.
Related exchange traded funds: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
The Dow Jones Industrials Index finished down 315 points on Friday to cap the worst week for the Dow in over 3 years.
Related exchange traded funds: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 12, 2014
2014: Gold vs. World Stock Markets
Topics: Stock market performance in 2014 compared to gold;
Related exchange traded funds: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), iShares MSCI Thailand Market Index Fund (THD), WisdomTree India Earnings Fund ETF (EPI), Ishares MSCI Turkey Market Index Fund (TUR), Market Vectors Vietnam ETF (VNM)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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