Kevin Kerr
Kevin Kerr
base broken building firm healthy key last move overnight resistance support week
Key resistance was broken overnight and, as we have been building support and healthy consolidation over the last week or so, now we have a firm base to move higher.
destined disruption gasoline general impact mother natural oil power production reminded seems
The disruption in general seems to have reminded the refineries of their vulnerability and the power of Mother Nature. Gasoline production is destined to be affected, and at the end of the day, the production impact for natural gas and oil will be significant.
deadline happens iran market next perceives tap
The next big thing on tap is the Iran situation, and we will have to see what happens then and how the market perceives the deadline passing.
bugs fulfilling gold haven market promise safe uncertain
The gold market is fulfilling the promise that gold bugs like myself have touted for years: safe haven in uncertain times.
hot looking weather
Individuals are always looking for a new, hot commodity, and weather futures are just that.
far gold silver
Gold is exploding, and silver isn't far behind.
ahead bull covering market nobody short since sort sure
We often see this sort of short covering in a record-setting bull market ahead of a weekend, since nobody is sure where we may be Monday.
attitude difference engage huge people principles troubling
We removed the people who did not want to engage in the principles of the fraternity. There has been a huge difference in attitude and actions. They've went from one of the most troubling to one of the most outstanding.
bound data decide floor light range traders volume word
Word from the floor is that volume is light and traders are really awaiting tomorrow's data to decide where we go from here, so we are range bound at the moment.
china gold hike kicking margins market news rate
The rate hike news out of China is weighing on the gold market as well as the new margins kicking in and no real new news of uncertainty in Iran.