Markets

Jun 14, 2010 at 08:30

With Dow theory, it is the close that counts. The intraday highs and lows are of no consequence with Dow theory what so ever. Also, in accordance with Dow theory…

Jun 14, 2010 at 08:00

The U.S. Dollar traded higher against most major currencies on Friday, but lower for the week. Technically, the Dollar Index posted a weekly closing price reversal top which could lead…

Jun 14, 2010 at 06:44

Friday's session was a light volume session that recovered from pessimism and profit taking that was pervasive in futures before the equities markets opened. From there, it was a matter…

Jun 14, 2010 at 06:12

We remain in Buy Mode, looking for the markets to move higher for up to the next two weeks. Friday moved contrary to the moves we're calling for in bonds…

Jun 13, 2010 at 20:03

So much for the wonders of big-spending government and its regulatory chains. Only now are some politicians waking up to the fact that the Sarbanes-Oxley legislation might be amounting to…

Jun 13, 2010 at 18:31

It has been 7 weeks since the S&P500 made its highs, and it has been 7 weeks since we had analysts finding every reason under the sun why this is…

Jun 13, 2010 at 18:06

When you're trading short term timeframes it's important to have a check of what the long term timeframes are doing as somewhere along the line they interlink with one another…

Jun 13, 2010 at 15:40

Last week we saw the financial market including commodities move higher which was great to see. But the recent run up has brought both equities and commodities to their key…

Jun 13, 2010 at 14:39

No wishful thinking here! As I see it gold is going to a parabolic top of $10,000 by 2012 for very good reasons - sovereign debt defaults, bankruptcies of "too…

Jun 13, 2010 at 12:09

Many people would feel rich with a $1,000 in their wallet. But, it might really depend where one was. In New York City or London, a thousand dollars does not…