Markets

Jun 15, 2015 at 05:40

In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, SP500 index)... Our intraday outlook is bearish, and our short-term outlook is bearish…

Jun 15, 2015 at 05:33

GBP/USD has broken the hourly resistance at 1.5554 (10/06/2015 high) and is now back below this level. Hourly support is given at 1.5369 (10/06/2015 low). Key resistance lies at 1.5815…

Jun 15, 2015 at 05:00

Filling a PF projection is nearly always followed by a move in the opposite direction. This, and other factors caused SPX to rally strongly last week. Nevertheless, there is still…

Jun 14, 2015 at 14:50

Opposition to allowing the government to take life is also part of a consistent pro-life position. Thus, those of any ideology who oppose abortion or preemptive war should also oppose…

Jun 14, 2015 at 14:40

Even though there is still no indication of a reversal (From the February low we have a sequence of higher lows) the incapacity to sustain a breakout from the February…

Jun 14, 2015 at 14:30

Wall Street stocks chugged through a week light on US economic data and heavy on anticipation of news on Greece and the US Federal Reserve. "Investors are still very uncertain…

Jun 13, 2015 at 16:40

The whole cycle has shifted ahead by one trading day putting the final low on June 15 (instead of June 12, where I had previously expected), the day before the…

Jun 13, 2015 at 16:31

The breadth indicators have been mixed, NASDAQ breadth indicators have been strong and the NYSE breadth indicators have been weak. Seasonality has been very strong for the coming week. I…

Jun 13, 2015 at 16:25

You've probably read that there is a "war on cash" being waged on various fronts around the world. What exactly does a "war on cash" mean? It means governments are…

Jun 13, 2015 at 07:15

We live in a dysfunctional world. The entire United States media, TV, radio, and print are massive purveyors of misinformation and lies. The truth is not allowed to exist, which…