Markets

Apr 23, 2012 at 09:34

With the calendar moving into the second third of the year, some of the popular delusions of the crowd seem increasingly remote possibilities. Have we been waiting a year for…

Apr 23, 2012 at 08:53

On April 20 the IMF announced it had raised about U.S. $435 billion to further assist with ongoing Eurozone bank and Sovereign Debt issues that plague the 17 country Euro…

Apr 23, 2012 at 06:06

Early signs of basing are noted around the important 1.3000 level although the multi-month reversal pattern and recent DeMark exhaustion signal still weigh.

Apr 22, 2012 at 17:23

Time is running short for the SPX to make an attempt at recovering its uptrend. It may even have run out! Pressing more and more on prices every day is…

Apr 22, 2012 at 17:14

They will stay low for some more time. However, past history tells us Fed Funds rate starts to increase every 4/5 years. Unemployment could target 8.0%-7.8% in the coming months.…

Apr 22, 2012 at 16:16

I maintain my SPX bullish scenario for the Long Term Trend and bearish one for the Short Term Trend.

Apr 22, 2012 at 16:14

The markets spent the past week simply creating havoc for most swing traders, and not really confirming any direction, so the previous ideas still stand on the US markets and…

Apr 22, 2012 at 15:22

The 'dumb money' indicator has become more neutral suggesting that the bulls have lost enthusiasm for this bull market. As can be seen in figure 1, the indicator has dropped…

Apr 22, 2012 at 15:20

Summary: Long term - on major sell signal. Short term - on mixed signals. Gold cycle is now at levels of previous bottoms. However we are on major sell signal,…

Apr 22, 2012 at 15:19

This week we'll focus on the SPX daily chart which clearly shows that the index has painted itself into a corner. The inevitable break in either direction on Monday will…