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Markets / Other

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Weekly Charts Continue on Breakout...the Nasdaq Joining In...

Jul 22, 2016 at 17:47

I could honestly finish this report with the following statement. As long as we're trading above 2100-2134 on the SP500 the trend is clearly higher with pullbacks along the way…

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Silver Bull Faces Correction

Jul 22, 2016 at 09:23

Silver's young bull market got off to a typically-slow start, lagging gold's own new bull. But recently the white metal surged to catch up in a record summer rally. That…

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Elliott Wave Analysis On EURGBP And GBPJPY

Jul 22, 2016 at 07:28

EURGBP is higher at the moment, turning up from 0.8300 so we see price in wave C now, final leg of wave B) that is now underway towards 0.8470 area.…

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Another Reason This Bull Market Will Not Buckle Soon

Jul 22, 2016 at 07:22

Over 50% of Americans don't have enough money to invest in stocks; a scary statistic for a country that claims to be the only superpower left in the world. It…

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$GBPAUD is Looking for Extension Higher after Pullback

Jul 22, 2016 at 06:56

Short term Elliott Wave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From…

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Caution ...

Jul 22, 2016 at 06:19

Time goes on, but risk levels remain high ... here is why ... Take a look at this 10 year chart of the VIX that we posted below and observe…

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USD/CAD - Monitoring Resistance At 1.3144

Jul 22, 2016 at 06:12

USD/CAD is well above 1.3000. Resistance can be found at 1.3144 (02/06/2016 high). A break of support at 1.2832 is need to confirm deeper selling pressures. Expected to strengthen.

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Dear ECB, What's in Your Wallet?

Jul 21, 2016 at 21:42

Last week the ECB reported that its balance sheet Expanded by €11.26 billion to €3.249 trillion. What is the makeup? How has that increased over time? What is the ECB…

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Denier Pride

Jul 21, 2016 at 17:28

Political Correctness is the most versatile authoritarian dogma ever invented. There is no limit to its intrusion. Anything the Left does not approve or like can be condemned. Imposition of…

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Insight from Greed, Volatility, and Put/Call Ratio

Jul 21, 2016 at 17:21

I was recently looking at the CNN money website where they post this fear and green index. I caught my attention because many other aspects of the market are now…

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