Markets

Jun 28, 2012 at 11:36

From a Dow theory perspective, my long-term views have never changed. The primary bearish trend change that occurred last August in conjunction with the decline into the October low remains…

Jun 28, 2012 at 10:54

The world economy today stands at the doorstep of great change. A gathering crisis looms in Europe, splitting the Continent into two competing blocs. While leaders there face off against…

Jun 28, 2012 at 09:41

In Part I of this series we looked at the decaying state of confidence and how this is assisting in the deflationary process that is slowly, inexorably, moving forward, with…

Jun 28, 2012 at 06:47

In light of how political systems have so utterly ruined the purpose and utility of the modern worlds essential and fungible units of exchange, and despite the oxymoron in our…

Jun 28, 2012 at 06:46

Since the professors wrote the textbooks, Fed headquarters is not a source of economic inspiration. Textbooks in the U.S. are the monopoly of Bernanke, Romer, Mishkin and a few other…

Jun 28, 2012 at 06:02

Things are getting a little chippy in the EU, and I don't mean on the soccer pitch. While in the U.S., the economic data continues weak, the important drama is…

Jun 28, 2012 at 05:54

EUR/USD has met resistance close to 1.2515 as expected leading to a strong push lower towards 1.2400. This now favours a further extension lower targeting the 1.2288 region once again.

Jun 28, 2012 at 05:51

So as traders wait for these "textbook" Elliott wave patterns and ideal, high-probability trade setups to occur, boredom sets in. Too often, we get itchy fingers and want to trade…

Jun 28, 2012 at 05:50

In June of 2002, the notorious dot.com bust was making way for a powerful housing boom, the European Union was growing, and American involvement in the Middle East promised a…

Jun 27, 2012 at 14:32

For the past eighteen months, gold stocks have been pummeled. They showed some life from mid-May to mid-June - GDX, the gold miner's index, was up 21%, while gold rose…