Markets

Jun 03, 2015 at 16:06

Review: In my last public post, the 5/15 Geometric CIT (Change in Trend) was a miss, which happens at times as the geometric CITs are 70-80% accurate in pinpointing important Highs…

Jun 03, 2015 at 14:42

You might have guessed that after five years and countless volleys of eurozone crisis flares and resolutions, the euro would callous to an ever-shortening and hyperbolic news cycle. And yet,…

Jun 03, 2015 at 13:42

This is the updated P&F Chart of the Institutional "core holdings" that we posted last week. Note how it has stayed within its rising wedge pattern ... that is a…

Jun 03, 2015 at 13:42

German 10-year bonds hit a yield low of .048% on April 16. Since then it's been a pretty steep uphill climb in yield (down in price).

Jun 03, 2015 at 12:35

You may have run across an article or two stating that NYSE margin debt recently reached an all-time high (ATH). Some of the articles equate a new high in margin…

Jun 03, 2015 at 07:50

USDJPY is headed lower, deeper into a corrective set-back that is expected to unfold with three waves. Currently we see wave C in play towards one of the supports 123.40…

Jun 03, 2015 at 06:32

Buy assets when no one loves, sell then when everyone loves them. Buy gold and silver now, and sit on it. Both are very much out of favor.

Jun 03, 2015 at 06:06

USD/JPY has bounced back on the 125-level. We still target the resistance at 125.69 (12/06/2002 high) and we still consider the pair as strongly bullish as we stay largely above…

Jun 02, 2015 at 17:46

In a fully efficient market, the currency movement would fully offset the relative scarcity or plenty of a currency, so that only domestic monetary policy would matter to domestic prices.…

Jun 02, 2015 at 17:44

So the auto industry's strength, driven as it is by long-term subprime lending, is actually a sign of weakness. These days even superficially good numbers are bad.