Markets

Nov 11, 2015 at 05:28

Best reading of the Elliott Wave cycle suggests decline to 85.41 ended wave (4). From this level, pair has resumed rally in wave (5) as a double three structure where…

Nov 11, 2015 at 05:27

Markit reports China Posts Lowest Business Sentiment On Record. Data only dates to November of 2009, so that makes sentiment worst since the recovery.

Nov 11, 2015 at 05:24

Brian Moynihan, Bank of America CEO, spoke with Bloomberg Television's David Westin today about the risks facing the banking industry and the state of the global economy.

Nov 10, 2015 at 17:37

The Federal Reserve's latest G.19 statement on US Consumer Credit indicates the US Government now holds over $1 TRILLION in car loans! How can this be?

Nov 10, 2015 at 17:36

The SP500's 200-day moving average is commonly used to track long-term trends. All things being equal, the stock market bulls prefer the SP500 to remain above the 200-day. The bears…

Nov 10, 2015 at 16:09

The rate on the 10-year US Treasury Note (ticker symbol TNX) had its best week since June last week with a gain of 8.46% to close at 23.33. It even…

Nov 10, 2015 at 16:07

Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties, and then trying to prevent…

Nov 10, 2015 at 09:20

There's a slew of US economic reports out today. Let's take a look starting with a look at Import and Export Prices as described by Econoday.

Nov 10, 2015 at 08:50

In the short term, gold and related items have a rough general tendency to decline into the US jobs report, and then to rally in the days (and weeks in…

Nov 10, 2015 at 07:39

In the early 2000's, there were those economists and investors who believed that the US was headed for an economic fall - that the repeal of the Glass Steagall Act…