Markets

May 28, 2014 at 20:12

I expect to see some upwards movement to complete a second wave correction at 1,273. This may complete a green candlestick for Thursday's session. The invalidation point is at 1,293.47.

May 28, 2014 at 15:43

Every year Goldman Sachs and the big Wall Street firms issue a yearly prediction for their very wealthy clients. This year, Goldman commented that their expectation was for the market…

May 28, 2014 at 15:41

While the Kiwi's dominate the rugby version, just how does their currency stack up against that of the Wallabies? There's no better place to start than the yearly chart to…

May 28, 2014 at 14:45

We have covered the topic of investor indecisiveness numerous times in recent months. This week, bank executives cited investor uncertainty as an ongoing drag on trading revenues.

May 28, 2014 at 13:14

Are you brave enough? The behavior of the traders towards these two stocks is to mark down the price, like all rubber bands, they can only stretch so far. Soon…

May 28, 2014 at 13:14

For all the volatility experienced by traders the net change in most indices has been modest so far this month. Plenty of noise but not much signal. If things continue…

May 28, 2014 at 12:08

Very briefly: we don't support any short-term positions in the Bitcoin market now. Today, we read an interesting piece on CoinDesk on the potential of Bitcoin derivatives. The article discusses…

May 28, 2014 at 12:04

On Tuesday, crude oil lost 0.22% as a stronger U.S. dollar weighted on the price. In this way, light crude reversed, invalidating the breakout above an important resistance line. What…

May 28, 2014 at 09:06

The Dow is at a critical area. When looking for the big-picture story the market is trying to tell, regular price charts can sometimes mislead. This is especially true with…

May 28, 2014 at 07:43

Tuesday was the first trading day after the market was closed for the Memorial Day holiday on Monday, May 26th. Leadership of the leading indexes is apparent with three of…