Markets

Oct 15, 2015 at 05:25

Gold is gaining upside momentum. Hourly resistance is given at 1156 (24/09/2015 high) and at 1168 (24/08/2015 high). Hourly support can be found at 1093 (12/08/2015 low). Stronger support can…

Oct 14, 2015 at 17:54

Here we go again. The dying legacy media will continue to support the status quo, who provide their dwindling advertising revenue, by papering over the truth with platitudes, lies, and…

Oct 14, 2015 at 17:29

Walmart (WMT) didn't have its best day today. The bellwether retailer forecast a profit decline of 6-12% in its 2017 fiscal year, in some part because of a $1.5bln increase…

Oct 14, 2015 at 17:28

After a run up off the 1,870 lows area the market started to show some hesitation the past couple of sessions and our sense was the market wanted to see…

Oct 14, 2015 at 16:30

Brian Moynihan, CEO of Bank of America, spoke with Bloomberg TV's Erik Schatzker about the bank's earnings and performance. Moynihan said that the efficiency ratio should be 500 BPS lower…

Oct 14, 2015 at 12:38

Wal-Mart just announced flat year-over-year sales, causing its shares to fall by 9% and wiping $20 billion from its market cap. Which would be unremarkable if the disappointment was an…

Oct 14, 2015 at 12:22

The press is giving too much credence to the effect an interest rate hike would have on the markets and on the financial sector. First of all, the fact that…

Oct 14, 2015 at 11:07

Following today's retail and business sales reports, the Atlanta Fed GDPNow Forecast for third quarter GDP slipped 0.1 percentage points to 0.9%.

Oct 14, 2015 at 07:58

EURUSD is trading higher at the moment after the price broke above the trendline connected from 1.1714 swing high. Usually when this happens it suggests two things; first that trend…

Oct 14, 2015 at 07:16

WFM's forecast was right and RAI's was wrong. While price evidence was compelling for both issues, the forecast in WFM was in the direction of the trend and RAI's incorporated…