Markets

Jul 09, 2012 at 10:21

In response to my post Plunging New Orders Suggest Global Recession Has Arrived I received a couple of interesting emails from readers, one from the US, the other from an…

Jul 09, 2012 at 09:58

The LIBOR scandal rolls on in the UK, eagerly observed by the rest of the world. This scandal has reached mammoth proportions and has become deeply political with politicians past…

Jul 09, 2012 at 09:25

The story goes that our friends on Wall Street wink winked and nudge nudged with Alan Greenspan to cook up a massive bubble in credit and derived vehicles that eventually…

Jul 09, 2012 at 09:15

It's easy and comfortable to join the bullish Treasury club and the mob currently bearish on the euro. Despite the hopes of the masses, it may be very uncomfortable to…

Jul 09, 2012 at 07:50

A perception has grown that says that, in a recovering global economy and in particular a growing developed world economy, the gold and silver prices will fall because right now…

Jul 09, 2012 at 06:26

The world economy is slowing fast. Trouble in shipping is being exacerbated by mendicant banks. A most neglected problem (in public discussion) is the deceleration of collateral, the consequence of…

Jul 09, 2012 at 06:15

I have been updating the SPX long-term count in the weekly posts, but before I leave for the summer holidays I wanted to review my preferred scenario.

Jul 09, 2012 at 05:48

USD/CHF has managed to print a fresh annual high at 0.9839, so far. This adds to the medium-term bullish structure that we have discussed many times in this report. A…

Jul 08, 2012 at 17:56

The SPX, which established another intermediate low at 1267, has found a short-term top at its 1374 projection and is in the process of correcting. The correction is expected to…

Jul 08, 2012 at 17:54

The short term Wyckoff Trader likes to sell 'up thrust' and buy 'springs'. However a upthrust or spring can be many forms, it can be a bar that equals one…