Financial Survival Network, Released on 1/14/20
When the music stops someone is going to be left without a seat. Don’t let it be you! Watchout for the high volume reversal day. If you look at the S&P 500, the volume in the SPY’s (SPDR – Spider) has been light. When it breaks 100 million shares on a big down day, look out below. Everything has been going Trump’s way – a real Teflon Don. People are becoming immune to the political stunts. But there are bigger underlying problemw ahead coming to us from Europe and Japan. Negative interest rates are toxic. Nick is looking for continued gold consolidation in early 2020, but it will be going higher later in the later in year into 2021. The longer the sideways trend continues, the higher gold will go. The sky’s the limit. Silver is always the red-headed step child. The mining stocks will follow.
Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying his knowledge to his client base and meeting his personal monetary goals, he decided it was time to begin teaching those interested in learning his trading and investing methodology. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.com and realize his dream of educating others about the truth of the markets. He now co-heads the education department at InTheMoneyStocks and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.