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Markets

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Market Summary

Mar 29, 2015 at 16:54

Wall Street stocks ended the day higher this past Friday, snapping a four-day losing streak as traders shrugged off weaker-than-expected US economic growth in the fourth quarter. US stocks fell…

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Market Turning Points

Mar 29, 2015 at 15:56

Since the October rally, SPX has been trading in a broad congestion pattern with an upward slant. Any seasoned technical analyst will tell you that this is potentially a bearish…

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FTSE Educational Elliott Wave Video (Why it's not an impulse)

Mar 29, 2015 at 15:55

In this video we take a look at FTSE decline from the recent peak which visually looks to be a 5 wave move. We dissect the price action and show…

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SPX: Bulls are in a Precarious Posture

Mar 29, 2015 at 14:56

Wednesday unexpected sell off (wide range body) is a negative sign since SPX for the third time is failing to sustain the up trend above the early December high. In…

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Why We Feel So Poor, In Two Charts

Mar 29, 2015 at 14:38

Among the many things that mystify economists these days, the biggest might be the lingering perception, despite six years of ostensible recovery, that the average person is getting poorer rather…

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Can The Eurozone Survive? Not in Its Current Form Says PIMCO; Mish Response

Mar 29, 2015 at 06:27

Echoing statements I have made many times, PIMCO says the single currency area must become a "United States of Europe" in order to secure its future.

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Gann Angles on The Dow Jones Industrials - Update

Mar 29, 2015 at 06:25

Price is still holding true to the blue 2x1 Gann Angle. This angle is the demand line, this is why we need to pay attention to it. As stated before…

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Stock Market About Ready to Plunge!

Mar 28, 2015 at 14:22

Last time, I talked about there being one more rally left and then the market would drop big. I see no change in that outlook (after looking over the Gann…

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Technical Market Report for March 28, 2015

Mar 28, 2015 at 13:07

The highs of a week ago were widely confirmed suggesting additional new highs in the near future. I expect the major averages to be higher on Thursday April 2 than…

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Gold And Silver - What Moved Price? Bab el-Mandeb And Uranus Square Pluto. What?!

Mar 28, 2015 at 05:48

The lawful definition of a dollar is found in the Coinage Act of 1793, Section 20. This Act has never been overturned and is recognized as law to this day.…