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Article Archive | Page 2109

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Goldman Sachs President: I Will Probaby Read Greg Smith's Book

Oct 11, 2012 at 10:39

Goldman Sachs President Gary Cohn told Bloomberg Television's Sara Eisen today that he will "probably read" Greg Smith's tell-all book, "Why I Left Goldman Sachs," which comes out on October…

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Insiders and Momentum Still Concerning For Stocks

Oct 11, 2012 at 10:19

The fundamental drivers behind stock gains on Thursday morning came in the form of U.S. jobless claims falling to a four-year low and improving bond action in Europe. Despite today's…

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IMF Head Christine Lagarde Suggests Greece and Spain Should Be Given More Time

Oct 11, 2012 at 09:51

An article this morning reports Christine Lagarde, the Managing Director of the International Monetary Fund, today has said "struggling European countries such as Greece and Spain should be given more…

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SPX: Follow Up of the Short Term EWP

Oct 11, 2012 at 06:09

Today just a brief update as price is behaving according to my preferred short-term scenario that calls for an extension of the correction in force off the September 14 high.…

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AUD/USD: Bounce is Pushing Higher

Oct 11, 2012 at 05:39

AUD/USD is bouncing after having tested its strong support at 1.0177. It is now challenging the hourly resistance at 1.0275 (05/10/2012 high). A decisive break of the support at 1.0177…

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Possible Profit-Taking Event in Progress

Oct 10, 2012 at 18:57

Since the breakdown out of the bear flag on the dollar index hasn't followed through, the odds now favor that the dollar has generated an intermediate degree bottom. First off…

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Gold and Gold Stocks Readying for Upturn Against Stocks

Oct 10, 2012 at 18:55

In the wake of the Fed's announcement of open-ended or as I like to call it, permanent quantitative (QE) easing, mainstream advisors and pundits have found another way to promote…

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Richard Wyckoff Asset Allocation

Oct 10, 2012 at 18:34

Richard Wyckoff included within his approach a top down asset allocation model. Many educators that provide a spin…

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Spain Headed in a Downward Spiral?

Oct 10, 2012 at 18:32

An article yesterday discusses what appears to be continued downward economic trends in Spain. I see this as hardly unexpected by those who have been following Spain closely. I strongly…

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Medium Term Sell Signal In Place

Oct 10, 2012 at 18:31

The market broke 3 important supports within the last 2 sessions: - the red uptrend - the green line - the first horizontal blue line The market tested…