Markets

Jul 28, 2016 at 06:16

In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.

Jul 28, 2016 at 06:08

Silver has broken the key resistance at 19.73 and 19.90 (declining trendline), confirming a persistent buying interest. Hourly support is located at 20.20 (intraday low) while resistance is given at…

Jul 27, 2016 at 20:36

The markets have a way to push you just beyond your limits to get you to do the wrong thing at the wrong time and then reverse on a dime.…

Jul 27, 2016 at 20:35

In today's FOMC Statement the Fed says the labor market has strengthened, household spending is growing strongly, and economic activity is expanding at a moderate rate. Supposedly, "near-term risks to…

Jul 27, 2016 at 16:35

While we spent most of the time on talking about the housing market, the point to keep in mind is that this bull market will probably run a lot higher,…

Jul 27, 2016 at 07:41

One of the most important attributes of gold is that it is negatively correlated to financial assets, such as equities and bonds, and non-correlated to commodities.

Jul 27, 2016 at 07:14

EURJPY is trading nicely higher today, probably in a new impulse, that could reach new highs. We see price in blue wave iv, which could be an unfolding triangle, meaning…

Jul 27, 2016 at 07:09

When you look at the chart, the VIX has a long term support line that it has been coming closer to. At the same time, the past few days have…

Jul 27, 2016 at 07:07

The worst part of the world's ongoing financial crisis is still on the way: A crisis that has its roots in the debt-based monetary system. The debt-based monetary system has…

Jul 27, 2016 at 06:34

USD/CHF continues to post higher lows, indicating a persistent short-term buying interest. However, given the resistance area between 0.9949 and 1.0328, the upside potential seems limited. Hourly support at 0.9910…