Markets

Apr 13, 2015 at 06:30

The recent stock market volatility has caused the major averages to lose nearly all their gains for 2015. However, it is clear stock prices are still extremely overvalued by virtually…

Apr 13, 2015 at 06:20

First, let's take a look at some NACM snips. Emphasis in italics is mine. Following the NACM snips and some NACM explanations, we will return to a chart from Giryavets.…

Apr 13, 2015 at 06:19

This isn't yet another in a long series of articles lamenting the Federal Reserve, power, politicians, corruption, and the hopelessness of fighting the status quo. What's the marginal utility of…

Apr 13, 2015 at 05:50

The U.S. stock market indexes gained 0.4-0.6% on Friday, extending their short-term uptrend, as investors reacted to quarterly corporate earnings releases, among others. The SP500 index trades slightly above the…

Apr 13, 2015 at 05:42

GBP/USD has broken the support at 1.4635, confirming increasing selling pressures. A psychological support lies at 1.4500. Hourly resistances can be found at 1.4669 (intraday high) and 1.4725 (10/04/2015 high).

Apr 12, 2015 at 21:27

Gold has managed to avoid a complete chart breakdown thus far but that is due more to buying in the physical market out of the far East rather than any…

Apr 12, 2015 at 20:58

Here's one for the "seriously, you're surprised?" file: China pegs its currency, the yuan, to the dollar, the dollar soars, taking the yuan with it...and fewer foreigners buy suddenly-much-more-expensive Chinese…

Apr 12, 2015 at 20:54

Militarism and military spending are everywhere on the rise, as the new Cold War propaganda seems to be paying off. The new "threats" that are being hyped bring big profits…

Apr 12, 2015 at 20:52

In this Weekend Report I would like to show you some charts on the US stock markets along with some overseas markets as things are starting to heat up. It's…

Apr 12, 2015 at 19:09

I begin the weekly update with the same SPX daily chart that I published last week. Last Friday we did not know if price was going to break the sequence…