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Markets

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Gap Up Open Results in Positive Close...

Mar 26, 2014 at 07:35

Tuesday saw the bulls bidding prices to a higher open and the bears attacked after waiting just one half hour into the session. The attack was fierce forcing prices into…

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A Commodity Story

Mar 26, 2014 at 07:15

On a relative performance basis we continue to find a discretely transitioning market environment, led by the move in commodities - which first tipped its hand last year in the…

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The Berkeley Free Speech Movement - Happy 50th

Mar 26, 2014 at 05:35

Fifty years ago, after a few scuffles, the Free Speech Movement established its foothold at the University of California, Berkeley. On December 2, 1964, Mario Savio gave a well-known speech…

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US OIL Elliott Wave Technical Analysis

Mar 26, 2014 at 05:19

Last analysis looked for the arrival of a second wave correction. The correction was indicated when the channel on the hourly chart was breached. The correction is most likely incomplete.…

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IBEX: The Next to The Last Elliott Wave Pattern?

Mar 25, 2014 at 19:08

IBEX Brief update: A Triangle always precedes the final up leg of an Elliott Wave Pattern. The thrust following the contracting pattern ends a move. It is possible that IBEX…

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A Curve Ball

Mar 25, 2014 at 19:03

I saw a story on MarketWatch on Monday which declared that the "Treasurys most sensitive to rising interest rates" had been ditched by investors while those investors instead were "gobbling…

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Gold's Macro Fundamentals

Mar 25, 2014 at 16:53

This spike in short-term yields (2-year shown) is what harpooned gold last week and finally got it under control.

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GOLD Elliott Wave Technical Analysis

Mar 25, 2014 at 16:47

Yesterday's analysis expected downwards movement to continue. A slight new low was made, but overall price has moved sideways and slightly higher for the session. The target remains the same…

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Are The Markets Heading Back To The 1990s and Hammer Time?

Mar 25, 2014 at 16:27

In a 1991 episode of Seinfeld, as Kramer pleaded with Jerry to install illegal cable he uttered "Man, it's the 90s. It's Hammer Time!"

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When Does a Shorting Opportunity Come?

Mar 25, 2014 at 16:16

Many investors are chomping at the the bit for shorting the stock market. If you think about it, it reflects a personal belief of what they expect will happen. The…