Markets

Jul 16, 2012 at 06:10

EUR/USD appears to be in the midst of a shortterm corrective phase higher. Scope is seen for a test of the 1.2300 region before a longer lasting high may form.

Jul 15, 2012 at 17:59

Though I favor physical Gold held outside the banking system that can't get MF Global'd over those paper Gold derivatives known as Gold stocks, there are times when a speculative…

Jul 15, 2012 at 16:47

After all the sick news sourced from Europe, Banks, Libor and China so far Mr Market does not care. Sure we all fed (pun not intended) up, but after a…

Jul 15, 2012 at 16:41

The SPX appears to be in a corrective uptrend which is slated to end by the first week in August, or possibly earlier. That is leading some EW theorists to…

Jul 15, 2012 at 16:38

The greenback is meeting strong resistance at current levels. It could contract and the British pound should outperform most majors. Let us look at why.

Jul 15, 2012 at 16:36

The move from the June 2012 lows seems like an eternity with all the swings we are seeing, although I am sure it's causing pain to both bull and bears…

Jul 15, 2012 at 07:00

No matter how hard global central bankers try to inflate away the intractable debt-bomb that continues to explode in slow motion, they just cannot seem to make any headway.

Jul 15, 2012 at 06:56

The sentiment picture remains consistent with a market top. The market swoon in April and May did not produce a great deal of bearish investor sentiment even though the SP500…

Jul 15, 2012 at 06:54

The broad market averages are now revealing overwhelming evidence that a significant top is upon us. And in the coming weeks, I fully expect the world to witness a dramatic…

Jul 15, 2012 at 06:52

Then as now, banks only lend to customers they think are credit-worthy. However, Attitudes on what it takes to be "credit-worthy" have changed. Attitudes are the key to understanding this…