Markets

Dec 02, 2015 at 05:48

AUD/USD has broken resistance implied by the upper bound of the declining channel. The technical structure suggests a deeper short-term momentum. Hourly support lies at 0.7017 (08/11/2015 low) and hourly…

Dec 02, 2015 at 05:44

Short term reading of the Elliott Wave cycle suggests the rally from wave (4) low at 6079.8 is unfolding in a double three structure where wave W ended at 6366.8,…

Dec 01, 2015 at 18:44

I do think that the Fed should be withdrawing the emergency liquidity that it provided, even though the best time to do that was several years ago. Yes, we know…

Dec 01, 2015 at 16:54

To understand what's happening in Syria right now, you have to understand the tactics and motivations of the US and NATO -- parties sharing interwoven aims and goals in the…

Dec 01, 2015 at 16:40

Compared to the November 27 report that included new home sales, construction appears to have subtracted approximately 0.09 percentage points and ISM roughly another 0.31 percentage points. Other reports in…

Dec 01, 2015 at 15:42

When you invest in a mutual fund, how long are you willing to wait before you start getting good results? Or, when you read an article that gives investment recommendations,…

Dec 01, 2015 at 15:39

You can make money going long or short (direction), or you can make money on the range (duration) using options ...

Dec 01, 2015 at 14:44

After flirting with contraction for three months, the Manufacturing ISM fell into negative territory with a 48.6 reading, below the lowest Econoday estimate of 49.7. The Econoday Consensus guess was…

Dec 01, 2015 at 10:09

Sell the rumour, and buy the news! The rumour was a possible IMF decision to include the yuan as a component of its SDR.

Dec 01, 2015 at 05:21

In last week's Hybrid Lindsay forecast, Middle Section forecasts from both the Basic and Multiple cycles pointed to a high for the November run-up in the Dow on Monday, November…