Markets

Nov 14, 2011 at 07:40

Historically, precious metals (such as Gold and Silver for example) had an important role as currency, but are now regarded mainly as investment and industrial commodities. With the ongoing crises…

Nov 14, 2011 at 07:13

Crude oil was THE commodity to trade back in 2007-2008 when prices rocketed above $145 per barrel then dropped like a rock all the way back down to $35 per…

Nov 14, 2011 at 06:32

EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The bearish move is now being further anchored down by heightened European sovereign debt…

Nov 13, 2011 at 18:10

Berlusconi's reign is over. Mario Monti might be the best choice for Italy. He would need a broad-consensus and the time to complete the reforms. The risk of a big…

Nov 13, 2011 at 17:39

If a market refuses to confirm a bearish set up it means that something else is "cooking". Then we have to consider that the rally that began at the October…

Nov 13, 2011 at 17:36

This current rally is part of a normal retracement of the 1370 highs to 1074 lows that similarly occurred in the 2008 rally off the first major market drop. One…

Nov 13, 2011 at 17:35

In this posting, I would like to share with you several compelling reasons to be a strong Bear - NOW!

Nov 13, 2011 at 17:33

Last week's headline was: "Intermediate Trend Still Alive". It was, and is! The indices have done very little retracing of their gain from early October, and appear ready to resume…

Nov 13, 2011 at 17:28

At the beginning of this week I warned readers that the market was extremely overbought and that a top could be forming. While it is still unclear whether a major…

Nov 13, 2011 at 08:44

The intraday (price based) setup looking for another strong intraday run-up in the markets on Friday, November 11 (see Implications of a Black Candle Today) played out nicely again (although…