Markets

Mar 15, 2016 at 06:10

Short term Elliottwave structure suggests wave C rally from 2/10 low is unfolding as 5 waves where wave ((i)) ended at 5047.1, wave ((ii)) ended at 4905.5, wave ((iii)) ended…

Mar 15, 2016 at 06:02

EUR/USD is now weakening. Hourly resistance lies at 1.1218 (10/03/2016 high). Hourly support can be located a 1.1078 (14/03/2016 low). Expected to show further consolidation.

Mar 14, 2016 at 15:21

The consensus of Wall Street economists right now is that the FOMC will leave interest rates alone. The consensus is almost universal that the Fed will choose to skip this…

Mar 14, 2016 at 13:29

On Friday, crude oil gained 1.24% as rig count declined to the lowest level ever. Thanks to this news, light crude hit a fresh March high, but will we see…

Mar 14, 2016 at 13:27

This one-way and short-term stretched rally in precious metals is all about DUST. It's all about the insane behavior of hedgers and speculators watching what is a very overbought condition…

Mar 14, 2016 at 13:24

A multiple week countertrend rally is not uncommon during a long-term downtrend. For example, the 2000-2002 bear market experienced four countertrend rallies that lasted four weeks or more. In the…

Mar 14, 2016 at 13:23

The price correlation between the Crude and equity Cycles was on full display last week. The only real difference is the relentless nature of Crude's surge higher. Crude was so…

Mar 14, 2016 at 11:52

Anyone who doubts that the global financial system has run out of (good new) ideas has only to track the recent words and deeds of central bankers and mainstream economists:…

Mar 14, 2016 at 11:40

This is a guest post by Joseph Y. Calhoun at Alhambra Investment Partners. His post starts off with this quote by Stanley Fischer, Fed Vice-Chair in a speech before the…

Mar 14, 2016 at 09:11

For the last several decades, the out-of-control growth of US Government spending when combined with the unlimited printing policies of "The Fed" has set the stage for "The Perfect Storm!"