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Markets / Other

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August Heat

Aug 02, 2016 at 15:42

August is known for its heat and, for market participants, this August is expected to be extra-hot. Last Thursday marked the 11th straight day that SPX closed inside a 1%…

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A Stagflationary Firestorm Approaches

Aug 02, 2016 at 15:37

For the Western gold community, the main theme for 2016 continues to be, "let the good times roll!" To understand why that is true ...

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Elliott Wave Analysis On EURGBP And SILVER

Aug 02, 2016 at 07:22

On the 4h chart of EURGBP we can see that a decline from the high has been made in five waves, which represents only one part of a corrective blue…

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Gold Is Now On Its Way To All-Time Highs

Aug 02, 2016 at 07:21

During the 70s bull market, gold went from $35 to $195 in the first phase. That was a 458% increase. The first phase of the current bull market took gold…

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Economic Confidence Index Plunges While Stock Market Makes Record Highs

Aug 02, 2016 at 06:59

The Gallup Poll has released an Economic Confidence Index which reflects the sentiment of Americans, as it pertains to the economy.

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USD/JPY - Consolidating After Bearish Break

Aug 02, 2016 at 06:36

USD/JPY is moving sideways after break of 103.39 support. The short-term technical structure is negative as long as prices remain below the hourly resistance at 103.91 (13/07/2016 low). Hourly supports…

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New Age Reporters at it Again ...

Aug 01, 2016 at 17:45

The internet is awash today with reports that oil has entered a bear market! What??

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Construction Spending: Eight Miles High and Falling Fast

Aug 01, 2016 at 16:13

Construction spending month-over-month declined 0.6% vs an expected gain of 0.6% in a Bloomberg Consensus Range of 0.2% to 2.2%. Spending is on the verge of negativity year-over-year. Revisions are…

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CB's 'All In' Attempting to Halt The Looming Global Recession

Aug 01, 2016 at 15:45

The mainstream news sources seem determined to ignore the extent of the global slowdown in trade. Whether exports, imports, industrial production or whatever your preferred metric, the facts are undeniable.

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Slippery Oil Prices Plunge Over Cliff into Bear Market

Aug 01, 2016 at 14:58

Oil today plunged quickly below $40 per barrel, taking oil prices down more than 20% from their high a little over a month ago. That officially defines a bear market…

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