Markets

Sep 28, 2015 at 05:11

AUD/USD is moving closer to its recent low and support at 0.6893. The technical structure favours further weakness. Hourly resistance can be found at 0.7280 (18/09/2015 high). Hourly support lies…

Sep 27, 2015 at 21:08

In this Weekend Report I would like to focus on the PM complex as it has rallied for the last several days. During most of the bear market gold has…

Sep 27, 2015 at 20:38

Since the flash-crash (24th of July down to $1,071) the technical picture for Gold has been improving step by step. First a $100-short-squeeze pushed Gold towards $1,170 in mid of…

Sep 27, 2015 at 20:17

In Part 3 I will focus on the economic channel of distress which is likely to be the primary driving force in the next phase of this Crisis.

Sep 27, 2015 at 19:48

The Dow and SP500 have fallen by around 10% since August, which in normal times would be hardly worth mentioning. But below the surface, in what used to be the…

Sep 27, 2015 at 19:26

The price of gold moved up moderately, and the price of silver moved down a few cents this week. However, there were some interesting fireworks in the middle of the…

Sep 27, 2015 at 19:24

The best technical evaluation of the chart pattern that SPX is making is that the index has started another down-phase that could turn out to be similar to the first…

Sep 27, 2015 at 14:37

U.S. stocks closed out the week with a whimper, turning big opening gains in the S&P 500 and Nasdaq Composite into losses by Friday's close. A sharp selloff in biotech…

Sep 27, 2015 at 14:35

Two weeks ago, I warned that September 17th would be a critical date: the perfect storm coming together with Mercury going retrograde and Jupiter opposing Neptune on the date that…

Sep 27, 2015 at 14:34

A vote on Audit the Fed would probably be the only good thing to occur in Congress this year. A Congress that cannot defund Planned Parenthood is unlikely to make…