Markets

Jan 20, 2017 at 06:35

Cirrus clouds wavered overhead like a circus big top billowing in a summer breeze. Sunlight filtered through, making it a warm, hazy afternoon for the kaleidoscopic disarray of people jumbled…

Jan 20, 2017 at 06:27

Short positions (with a stop-loss order at $56.45 and an initial downside target at $45.81) are justified from the risk/reward perspective.

Jan 20, 2017 at 06:10

AUDUSD move up from 12/23 low is extending and as pair keeps extending higher with shallow pull backs, it looks like the move up from 12/23 low is unfolding as…

Jan 20, 2017 at 06:01

AUD/USD's demand is increasing despite some consolidation. The pair is on a very shortterm bullish momentum since it reached support around 0.7145 (24/05/2016 low). Strong resistance can be found at…

Jan 19, 2017 at 17:24

Does either of the above preclude the other? In other words, if we expect gold to reach $7000 per ounce, and we are correct, does that mean that we can't…

Jan 19, 2017 at 15:07

For the fourth consecutive month, housing stats provided a wild ride. For December, starts rose 11.3%, but that was thanks to a 57% jump in multi-family.

Jan 19, 2017 at 14:30

Since the Great Recession, global debt has increased by $57 trillion, outpacing world GDP growth.

Jan 19, 2017 at 08:25

After touching the benchmark 20,000 level last month, the Dow Jones Industrial Average has spent the last five weeks in a tight, narrow trading range just under this level. Famed…

Jan 19, 2017 at 07:49

In yesterday's alert, we wrote that the decline in the USD Index was likely a temporary phenomenon based on the investor's needless overreaction - the USD reversed and more than…

Jan 19, 2017 at 06:52

Tonight I would like to update you on the US dollar as it plays such an important role in so many different markets. Getting the big trend right on the…