Markets

Nov 20, 2015 at 06:42

EURUSD fell to a new low this week as expected, into wave 5 of 3) which moved very close to 1.0600. This price can still be retested in sessions ahead,…

Nov 20, 2015 at 06:36

EUR/USD remains in a downtrend channel. The technical structure is clearly negative. The pair lies above 1.0600. Hourly support is given at 1.0617 (18/11/2015). Hourly resistance can be found at…

Nov 19, 2015 at 20:07

In August of 2005 I wrote an article entitled Waiting for Goldot. It seems silly now but the mood of the time was one of frustration for many gold bugs…

Nov 19, 2015 at 20:06

One of the questions on analysts' minds lately is whether stock prices can keep moving up when corporate sales and profits are falling. But the same can be asked about…

Nov 19, 2015 at 16:15

Anyone recall the logic in the 1960s and 1970s that suggested there were only 50 stocks one needed to look at, and those 50 stocks could never go wrong?

Nov 19, 2015 at 11:12

One could take headlines and fill in the gaps to write a novel about the sordid side of policymaking and the markets. In 1987 Michael M. Thomas published The Ropespinner…

Nov 19, 2015 at 08:36

In normal times, the world's major economies are a mixed bag. Some are up, some are down, some are placid, some are in crisis. It's only at the boom/bust extremes…

Nov 19, 2015 at 08:09

When Ralph Nelson Elliott discovered the Wave Principle nearly 70 years ago, he explained how social (or crowd) behavior trends and reverses in recognizable patterns. You can learn to identify…

Nov 19, 2015 at 07:41

It is safe to say that most people are aware that Banksters were predominantly responsible for the economic crisis in 2008. This crisis was created by the banking industry, the…

Nov 19, 2015 at 07:31

The minutes from the last Fed meeting were released on Wednesday afternoon. The minutes, along with a squadron of jabbering Fed heads lying about the economy doing great, pretty much…