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Markets

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DJIA Futures: Five Waves Of Decline Suggests That Temporary Top Is In Place

Sep 23, 2013 at 15:55

US stocks futures extended weakness in the last few hours and now we have five waves down on DJIA futures from the top which means that temporary high is in…

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Miners Digging Deeper ($NEM)!

Sep 23, 2013 at 15:51

NEM has been analyzed as a proxy for this Sector. Our April 2013 post, $GOLD through the Eyes of Miners ($NEM), while predicting a bottom for GOLD on April 15th,…

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Will The D.C. Standoff Derail The Bulls?

Sep 23, 2013 at 15:33

You can say a lot of things about working in the money management business, but you cannot include the words dull or boring in your commentary. The markets finally got…

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Fed Puts Ceiling on Long-Term Rates

Sep 23, 2013 at 14:56

The President of the Europe's central bank said back in July of 2012 that it would fight rising borrowing costs by doing "whatever it takes" to ensure sovereign bond yields…

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Egypt for Sale

Sep 23, 2013 at 10:30

Three years has seen the overturn of two government, the deaths of thousands of people and the destruction of much of the Egyptian economy. In the end, the mobs have…

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EURUSD Could Move Above 1.3600 - Elliott Wave Forecast

Sep 23, 2013 at 07:36

EURUSD closed above 1.3500 figure last week which suggests more upside in this week. The reason for bullish outlook in the short-term is a sharp rally from 1.3320 low which…

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Send in the Clowns

Sep 23, 2013 at 07:15

Humorously enough, (you have got to admit that as scary as it is watching officials try to control financial markets to such a finite degree, there is humor in this…

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Weekly Technical Analysis

Sep 23, 2013 at 06:35

After soaring to a new ATH on Thursday we had a potential exhaustion candlestick. Friday's aggressive selling pressure, reversing most of the FED thrust, culminates the week with a Shooting…

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Internet Sales Tax Could Crush Small Businesses

Sep 23, 2013 at 05:48

One unique aspect of my homeschool curriculum is that students can start and manage their own online business. Students will be responsible for deciding what products or services to offer,…

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USD/CHF: Remains Weak

Sep 23, 2013 at 05:43

USD/CHF has broken the support at 0.9130, confirming persistent selling pressures. However, other key medium-term supports (for example the rising trendline and 0.9022) suggest a limited medium-term downside risk. Hourly…