Markets

Jun 27, 2012 at 08:22

The EU summit is a day away and pre-summit bickering is so intense that it will be difficult if not impossible to get any major agreements. Two days ago, in…

Jun 27, 2012 at 08:02

The global economy continues to falter and the pace of that slowdown is picking up. Recent data showed that German consumer confidence dropped the most since 1998, as Italian confidence…

Jun 27, 2012 at 06:11

USD: I am "exploring" new ideas with the purpose of discovering a coherent EWP, which would suit with the complex corrective internal structure of the so far 7-wave up leg…

Jun 27, 2012 at 06:02

Chairman Bernanke is an unqualified failure. He is delighted at the prospect of experimenting with his Ad Lib Economics. Less than two years ago, the former head of the Princeton…

Jun 27, 2012 at 06:01

Gold and "risk" assets rally whenever traders get the faintest scent that more QE is coming. Our view is that while more QE will eventually happen, buying in anticipation of…

Jun 27, 2012 at 05:59

We believe we are in this consolidation phase. It looks like the SPX retrace between 38.2% and 61.8% of recent decline. So, the target zone for current move is 1329-1342.

Jun 27, 2012 at 05:32

The USD Index also appears strong in the short-term timeframe. However, we need to see a break over 82.89 (8 June high) to open up a full retrace to 83.542.…

Jun 26, 2012 at 20:22

The International Energy Agency predicts Iran's global share of oil production will likely decline during the next few years. Output has already declined by about 20 percent since 2008 to…

Jun 26, 2012 at 20:13

There is enough risk in investing without the added risk of political instability so why does the investment community often use the same metrics to value the shares of exploration…

Jun 26, 2012 at 15:18

Over the past several months, the markets have tested investors' conviction to gold. Since February, the price of the yellow metal has steadily stepped lower, rallying somewhat in May before…