Markets / Other

Mar 17, 2017 at 07:10

Salil Mehta at Statistical Ideas commented on my recent post that compared the Atlanta Fed GDPNow model to the FRBNY Nowcast model. Mehta notes that both models claim accuracy within…

Mar 17, 2017 at 06:57

Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally…

Mar 17, 2017 at 06:37

I've been stewing about this topic since Tuesday (March 14th), when I happened to catch part of the daily White House press briefing. Press Secretary Sean Spicer was asked a…

Mar 17, 2017 at 06:30

EUR/USD keeps on strengthening. The pair is lying in an uptrend channel. Key resistance is still given at a distance 1.0874 (08/12/2017 high). Strong support can be found at 1.0493…

Mar 16, 2017 at 16:21

We are now only in the beginning of what will likely be a rough and turbulent transition period. One can only hope that it will be peaceful, although there is…

Mar 16, 2017 at 12:45

Those who don't like my writing style may already call me boring (or worse), but as far as stock holdings go I willingly take on that description. If you're looking…

Mar 16, 2017 at 12:43

Huh? The purchasing power of the dollar versus gold has fallen nearly 98% and gold therefore offers no protection against inflation?

Mar 16, 2017 at 07:08

Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally…

Mar 16, 2017 at 07:00

In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.…

Mar 16, 2017 at 06:53

USD/CHF has exited uptrend channel. Hourly support given at 1.0075 (13/03/2017 low) has been broken. Key resistance can be found at a distance at 1.0344 (15/12/2016 high). Expected to consolidate.