Markets

Oct 23, 2013 at 11:58

When it comes to stress tests, especially for European banks, the one thing history suggests is the tests will be essentially stress-free, by design. Why should this time be any…

Oct 23, 2013 at 11:39

To paraphrase William Shakespeare, "the debt ceiling drama is a tale told by idiots, full of sound and political fury, signifying nothing." We now have a reprieve for three months…

Oct 23, 2013 at 10:57

U.S. stocks have been on a tear. The S&P 500 Index has climbed a surprising 20 percent so far this year, as a global synchronized recovery takes shape and funds…

Oct 23, 2013 at 09:57

In an interview with Bloomberg Television's Sara Eisen, Alan Greenspan defends his actions on monetary policy, offering no apologies for missing economic forecasts.

Oct 23, 2013 at 06:48

The Sigma Whole Market Index continues to rally, and looking at the chart, it looks like nothing can stop it. We remain above the top of the uptrend. This rally…

Oct 23, 2013 at 06:20

Currently, the Institutional Selling is in a down trend, so that allows the market to move up ... BUT, take a careful look at today's Institutional Selling chart.

Oct 23, 2013 at 06:07

Markets are in sharp reversal after yesterdays risk-on rally. We can see some USD recovery this morning but for now that's only on the intra-day basis, larger picture is still…

Oct 23, 2013 at 05:55

Gold has broken the resistance at 1331. The short-term technical structure is positive as long as the support at 1310 holds. Resistances stand at 1354 and 1376. Another support can…

Oct 22, 2013 at 21:31

The data has started to arrive. Tuesday's Employment report (gosh, it seems strange to write that) was weaker-than-expected with Payrolls +148k versus expectations for +180k. As I wrote back at…

Oct 22, 2013 at 18:37

Between the breakdowns in the US dollar and 10 year yields, precious metals have trapped the Johnny-come-lately and dogmatic bears and are surging higher this morning on the backs of…