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Markets / Other

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The Winter of Discontent

Apr 14, 2016 at 07:32

The Winter of 2015-2016, which came to an end a few weeks ago, has been officially designated as the mildest in the U.S. in 121 years according to NOAA. While…

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Why is The MSM Covering Up Recessionary Data?

Apr 14, 2016 at 07:23

The Census Bureau put out their monthly retail sales report this morning. During good times, the MSM would be hailing the tremendous increases as proof the consumer was flush with…

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Whole Lotta Flation: Where Is It? Perfect Storm?

Apr 14, 2016 at 07:00

"Flation" remains one of the key debates of the day. Some expect huge inflation. Others expect stagflation (a rediscovered buzzword) and still others hyperinflation (yes, some still hang their hats…

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Forex Trading Alert: EUR/USD Is Sending Currency Bears Message

Apr 14, 2016 at 06:45

Earlier today, official data showed that euro zone industrial production declined by 0.8% in Feb (month-on-month), missing analysts' forecasts. Additionally, industrial production (year to year) rose less-than-expected in Feb, which…

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Summary of My Post-CPI Tweets

Apr 14, 2016 at 06:24

None of this changes the underlying focus: median at 2.4% and core converging upward to it. And there's still no sign that housing is about to weaken. Core goods had…

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Stock Trading Alert: Stocks Continue Their Rally As Investors Remain Bullish Ahead Of Earnings Releases

Apr 14, 2016 at 06:19

In our opinion, speculative short positions are favored (with stop-loss at 2,100, and profit target at 1,950, SP500 index).

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Apr 14, 2016 at 06:05

Demand for lithium -- the hottest commodity on the planet and the only commodity to show positive price movement in 2015 -- is poised to continue on its upward trajectory,…

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GBPUSD Short-term Elliott Wave Analysis

Apr 14, 2016 at 05:53

Short term Elliottwave structure suggests that the decline to 1.4 ended wave (B) of a larger degree triangle. Wave (C) rally is unfolding as a double three where wave W…

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EUR/GBP - Ready To Clear 0.8000

Apr 14, 2016 at 05:45

EUR/GBP is trading below 0.8000. Yet, ongoing momentum is still lively. Hourly support can be found at 0.7925 (13/04/2016 low). Hourly resistances for a short-term bounce can be found at…

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Dow Rally Almost Done

Apr 13, 2016 at 20:36

The Dow just keeps plugging higher but all good things must eventually end so let's review the daily chart to see where the good times are likely to end.

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