Markets

Jun 12, 2015 at 14:05

From my last public post, the 6/8 geometric CIT (Change in Trend) was the 6/9 Low at 2072.14 SPX, right at the 14 week large sideways channel support.

Jun 12, 2015 at 12:10

The following aptly describes the art of creating and distributing new issues of stock. It is from an important publication. Why the Stock Exchange is Likely to Have More and…

Jun 12, 2015 at 07:40

With the 10-year yield breaking away from the top of its 2015 range, Treasury yields continue to push higher with all the bravado of an Italian cutter racing in Bloomington.

Jun 12, 2015 at 06:40

In the wake of the IMF walking out of negotiations with Greece, the Financial Times says the Pullout is Amid an "Air of Unreality".

Jun 12, 2015 at 06:30

In the previous post Tom McClellan highlights Peter Eliades' work on the cyclical top due in the SP500 this year. To add some color to it, here is the chart…

Jun 12, 2015 at 06:20

The common error of confusing growth with progress goes largely unnoticed, though it permeates all macroeconomic analysis. There is no better example of this mistake than the fallacies behind the…

Jun 12, 2015 at 05:58

EUR/USD has drifted lower. Hourly resistance is given at 1.1346 (10/06/2015 high). Hourly support can be found at 1.1182 (11/06/2015 low). A break of key support at 1.0868 (28/05/2015 low)…

Jun 11, 2015 at 23:49

Unlike the major indices IBEX did not establish a bottom at the March 2009 instead it bottomed at the July 2012 low. It is clearly lagging since it has not…

Jun 11, 2015 at 12:22

Markets typically bottom out when popular sentiment is negative. And a recent analysis by Bloomberg confirms that the public has all but given up on precious metals. Assets in exchange-traded…

Jun 11, 2015 at 07:50

The real reason consumers aren't spending is not a matter of monetary policy; it's a matter of psychology ...