Markets

Jun 26, 2013 at 05:53

I maintain the scenario of a corrective pullback in progress from the May 22 high. So far we have a 3-wave down leg hence price should be unfolding a Zig…

Jun 26, 2013 at 05:33

EUR/USD's bounce is thus far unimpressive. Monitor the test of the support area between 1.3059 and 1.3042. A break of the hourly resistance at 1.3151 is needed to improve the…

Jun 25, 2013 at 19:59

The beatings are continuing, and apparently morale really does improve with such treatment. Consumer Confidence for June vaulted to the highest level since early 2008, at 81.4 handily beating the…

Jun 25, 2013 at 16:57

Empires fall slowly - especially the big ones. In terms of the human experience, no empire (if you can still call it that with all the cronyism and corruption today)…

Jun 25, 2013 at 16:02

The $88/oz. drop in gold on Thursday surely got the attention of a few - instilling fear in those who are still long the metal and greed in those who…

Jun 25, 2013 at 15:49

Markets just keep getting stranger. Traders are obsessed with guessing when the US Fed will start to taper their QE program. This has been generating a lot of counterintuitive trading.

Jun 25, 2013 at 15:37

This article will reveal the business prospects of Canadian National Railway Co (CNI) through the lens of FAST Graphs - fundamentals analyzer software tool. Therefore, it is offered as the…

Jun 25, 2013 at 14:26

Dear reader, in 1729, Jonathan Swift suggested in his "Modest Proposal" that, "'in order to Prevent the Children of Poor People From Being a Burden to Our Parents or Country,…

Jun 25, 2013 at 14:18

In the past few week, China intraday lending rates as measured by SHIBOR got as high as 25% (See China Cash Crunch: 1-Day Interest Rate Spikes to Record High 25%).…

Jun 25, 2013 at 13:47

To many observers, deflation was a thing of the past in the wake of the QE3. The Fed's asset purchases, which drove downbond yields to record lows, were thought to…