Markets

Jun 05, 2015 at 18:45

The disclosure by U.S. officials that Chinese hackers stole records of as many as 4 million government workers is now being linked to the thefts of personal information from health-care…

Jun 05, 2015 at 17:38

Downwards movement was expected. The first target at 1,165 was met and exceeded by 2.2. Summary: It is more likely this downwards wave is incomplete. Confirmation would come with a…

Jun 05, 2015 at 17:32

Greek prime minister Alexis Tsipras keeps hinting that a "deal is close" while publicly trashing every deal offer. One seriously has to wonder if this is purposeful gamesmanship to string…

Jun 05, 2015 at 17:29

Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold bounced from $1162/oz and could…

Jun 05, 2015 at 17:04

Reader Tim Wallace sent a series of four charts on durable goods components. Each chart compares April of this year to April in prior years.

Jun 05, 2015 at 11:20

Gold remains deeply out of favor thanks to global central banks' extreme money printing. This fueled a global stock-market levitation that has temporarily short-circuited normal market cycles, leaving investors infatuated…

Jun 05, 2015 at 05:55

China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October. While…

Jun 05, 2015 at 05:50

GBP/USD has tested the resistance at 1.5437 (27/05/2015 high) and is now bouncing on the hourly support at 1.5171 (01/06/2015). Stronger support is given by the declining channel at around…

Jun 05, 2015 at 05:48

Bounce to 5800.4 completed wave (X). From this level, the Index declined in a triple correction form ((w))-((x))-((y))-((z)) where wave ((w)) ended at 5685.6, wave ((x)) ended at 5752.3, wave…

Jun 04, 2015 at 16:02

Even though the former Chairman of the Federal Reserve is now getting paid privately for his economic and market prognostications, he is still unable to identify or acknowledge the monumental…