Markets

Jul 09, 2015 at 05:45

In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, SP500 index) ...

Jul 09, 2015 at 05:36

Silver is decreasing toward support at 14.42 (01/12/2014 low). Resistance can be found at 16.53 (04/06/2015 high). Key resistance can be found at 17.75 (18/05/2015 high).

Jul 08, 2015 at 17:03

Yesterday's hourly Elliott wave chart expected an impulse down to end and be followed by another second wave correction to find resistance at the upper edge of a channel. This…

Jul 08, 2015 at 15:52

Tom Farley, NYSE Group President, spoke with Bloomberg Television's Stephanie Ruhle about the glitches that brought the NYSE trading to a halt for three and half hours.

Jul 08, 2015 at 14:20

This morning reader "PSB" sent me a link to United Airlines Grounds All Flights in the US Over Computer Issues. PSB asked "And how will this be prevented?"

Jul 08, 2015 at 11:50

First and foremost the Nifty is way overvalued at current levels with a trailing P/E in excess of 23. Have a look at Sanjay Jaiswal's comprehensive P/E computation below at…

Jul 08, 2015 at 07:54

We expect a surprise rate cut from Canada next week as the policy easing race seen six months ago returns. USD losses will follow as the case for a Fed…

Jul 08, 2015 at 05:39

The crash in Chinese equities continues amid regulators' talk of panic and irrational selling. Ironically, China has banned the use of terms like 'equity disaster' and 'rescue the market' in…

Jul 08, 2015 at 05:37

Monday's 8% WTI crude decline is setting up a big opportunity for buyers. And there could be more to come. But this is driven by momentum, not by the fundamental…

Jul 08, 2015 at 05:06

GBP/USD has broken support at 1.5488 (15/06/2015 low). Hourly resistance can be found at 1.5930 (18/06/2015 high). We expect the pair to decrease again within the next few days.