Markets

Jun 13, 2014 at 12:17

Today's financial markets make a mockery out of sanity and logic. The difference between what SHOULD happen and what IS happening is perhaps the greatest it has been in our…

Jun 13, 2014 at 07:00

This decline for equities was expected. With that said, the decline of the Dow Jones Transport Index has led the decline and broke below its 20-DMA. While the canaries are…

Jun 13, 2014 at 06:33

The signs are good. With record short positions in gold and silver, hedge funds and algorithmic traders should be worried at the lack of price confirmation: gold is holding well…

Jun 13, 2014 at 06:32

Typically, negative divergences do not kick in until Inflowing Liquidity levels drop and are not enough to keep pushing the market higher.

Jun 13, 2014 at 05:48

Contrary to Liesman's asinine contention, it's not consumer credit that built the U.S. economy but its opposite - savings! Under-consumption not excess-consumption is what made America great. By saving instead…

Jun 13, 2014 at 05:41

There is uneasiness across a number of markets with moment-to-moment volatility grinding almost to a halt. It contributes to a feeling that this is the calm before a storm. It…

Jun 13, 2014 at 05:23

Official data showed that the number of employed people in Australia declined by 4,800 in the previous month, contrary to expectations of a 10,000 rise. Thanks to these disappointing numbers,…

Jun 13, 2014 at 05:03

Yes you read that correctly. The miners have begun another leg higher because the evidence strongly supports the view that they have formed a higher low. Only time will tell…

Jun 13, 2014 at 04:46

Thursday's trade set up the potential for a move lower, accordingly, we'll move into Sell Mode, so based on our indicator, we would short the Q's here.

Jun 13, 2014 at 04:30

GBP/USD surged higher yesterday. Monitor the major resistance at 1.7043 (05/08/2009 high). An initial support lies at 1.6922 (intraday low). Another support can be found at 1.6882 (27/05/2014 high).