Markets

Dec 15, 2016 at 14:39

The parallels with 1999 don't scare me. There isn't the same exuberance over companies with no earnings and "new world" "new paradigm" chatterings. But the parallels with the late 1960s/early…

Dec 15, 2016 at 08:33

The proposed tax cuts, inclusive of accrued interest and macroeconomic effects will increase the national debt by $7 trillion, over the next decade, and by $20 trillion within the next…

Dec 15, 2016 at 08:13

I had a completely different post in mind for tonight, but the action in the PM complex has changed my mind. Since the US elections the PM complex has had…

Dec 15, 2016 at 07:01

In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, SP500 index). Our intraday outlook remains bearish, and our short-term outlook is bearish.…

Dec 15, 2016 at 06:48

Short Term AUDUSD Elliott Wave forecast suggests that the decline to 0.7306 on 11/21 low ended wave (X). Up from there, pair is rallying as a double three structure where…

Dec 15, 2016 at 06:46

GBP/USD is still lying within uptrend channel. Hourly support is given at 1.2302 (18/11/2016 low). Expected to bounce back towards resistance at 1.2771 (05/10/2016 high).

Dec 14, 2016 at 08:43

Over the past year, central banks, commercial bankers and prominent economists have expressed the view that digital money and transfers should replace large denomination cash and cash transactions.

Dec 14, 2016 at 08:33

Sharp reversal to the upside on Crude Oil gives us an idea about a completed three wave correction in wave B) or 2). If that is the case then recent…

Dec 14, 2016 at 08:28

Morgan believes that metal prices are not going to see new lows, as "the low was [in] last year, November-December 2015. Certainly we've given back a lot of the gains."

Dec 14, 2016 at 07:15

Prices in financial and commodity markets are exhibiting seasonal trends. This applies to the precious metals gold, silver, platinum and palladium as well.