Markets

Jul 22, 2014 at 06:14

USD/CHF remains well supported as can be seen by the current mild price correction. Monitor the hourly support at 0.8969. A key resistance area stands between 0.9013 (16/06/2014 high) and…

Jul 21, 2014 at 14:52

Do you remember the indelible words 'a fool and his money are lucky enough to get together in the first place'? Do you know where this famous quote comes from?…

Jul 21, 2014 at 13:41

Before we get into the subject of recent volatility, it is important to understand the primary market driver in the days ahead - earnings. From The Wall Street Journal:

Jul 21, 2014 at 13:08

Heading into the CPI print tomorrow, the market is firmly in "we don't believe it" mode. Since the CPI report last month - which showed a third straight month of…

Jul 21, 2014 at 10:43

Gold needs a shine to get its sparkle back. In the good ole days, news the likes of the Malaysia Airlines crash would have sent gold soaring. But that's the…

Jul 21, 2014 at 09:40

As we move into the second half of 2014, the Federal Reserve has continued to reduce its stimulus measures intended to boost the U.S. economy. Just last week we heard…

Jul 21, 2014 at 07:15

The market maintains a "buy the dip mindset." We are watching to potentially exit long trades. With the Dow and SP-500 poised to close at new all time highs, you…

Jul 21, 2014 at 07:13

Few statistics are more debated than unemployment numbers. The former head of the Bureau of Labor Statistics (BLS), the agency publishing unemployment numbers, estimates the figures are probably 3% too…

Jul 21, 2014 at 05:51

Unlike the prosperity induced by Volcker's deflationary utopia, we now have the dystopia of massive economic imbalances created by central bankers that have completely replaced market forces in the determinations…

Jul 21, 2014 at 05:11

EUR/CHF has successfully tested the low of its horizontal range defined by the support at 1.2134 and the resistance at 1.2166. The shortterm buying interest is improving as can be…