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Markets

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FAZ: Long Setup Watch List

Jun 26, 2014 at 06:03

XLF is displaying a potential Double Top. From the April 11 low XLF, as well as the majority of US Indices & Sectors, has unfolded a corrective Elliott Wave pattern,…

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USD/CAD: Making New Lows

Jun 26, 2014 at 05:50

USD/CAD has broken a key support at 1.0814, ending a 5 week consolidation. The momentum is negative as long as prices remain below the resistance at 1.0833 (intraday high). A…

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Wednesday Report...A Cold Hard Look at The Big Cap Precious Metals Charts

Jun 26, 2014 at 05:45

In tonight's report I would like to take a good hard unbiased look at some of the big cap precious metals stocks that have been in rally mode since the…

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F.A.S.T. Fundamentals On CSX Corp

Jun 25, 2014 at 17:16

ased in Jacksonville, Florida, CSX Corporation (CSX) has roots dating back to the early nineteenth century - starting in 1827 when the nation's first common carrier was chartered between the…

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They're Lying To Us, Part 2: GDP

Jun 25, 2014 at 12:51

Today the US took its next-to-last stab at calculating First Quarter GDP, and the downward revision was impressive even by recent standards. It now appears that the economy, well, here's…

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SP500 Gann Angle Review

Jun 25, 2014 at 12:37

Gann angles are a great tool to monitor the speed of the trend. Since the March 2009 all trends that have extended out from a base along the up trend…

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Is It Time To Sell Stocks And Buy Bonds?

Jun 25, 2014 at 12:27

The latest report on economic activity was released Wednesday; the news was not good.

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Bubble Bubble Toil and Trouble

Jun 25, 2014 at 08:29

A funny thing happened on the way to inflation... Long-term Treasury yields failed to rise as well. And although the shadow of the markets reaction is short relative to the…

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Intraday Elliott Wave Swings For USDJPY and AUDUSD

Jun 25, 2014 at 07:10

USDJPY has also been under pressure yesterday because of lower stocks. We have seen a reversal down from around 102.15 that now looks like a wave (e) of a big…

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The Bears Ambush The Bulls...

Jun 25, 2014 at 07:08

Monday saw the bears probe the bulls on lackluster volume, and the bulls bought late in the day to force a basically flat close for the major indexes, but most…