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Markets

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EUR/USD - Hits Two-Year Low

Dec 22, 2014 at 05:46

EUR/USD has declined further to its support at 1.2247. Hourly resistances for a temporary recovery bounce can be found at 1.2375 (intraday high, previous support) and 1.2423 (19/12/2014 high, see…

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Janet Yellen's Christmas Gift to Wall Street

Dec 21, 2014 at 17:49

An economy that holds its breath every six weeks, looking to parse every single word coming out of Fed Chairman Janet Yellen's mouth for indications of whether to buy or…

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Market Summary

Dec 21, 2014 at 17:47

The Santa Claus rally has begun a week earlier than normal when the Dow Jones Industrial Average gained more than 700 points in three days and the SP500 Index rallied…

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OPEC Blames Speculators, Non-OPEC Countries, US Frackers for Oil Price Crash

Dec 21, 2014 at 15:17

OPEC is pointing the finger at speculators as well as Non-OPEC countries, but especially US shale producers for the crude price crash. Let's explore that idea in a series of…

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Market Turning Points

Dec 21, 2014 at 15:14

If we were in a confirmed bear market, it would be easy to characterize last week's rally as a "bear market rally" since this is what it looks like. Of…

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Really, Greece Again?

Dec 21, 2014 at 15:12

The Greek financial/political crisis is becoming an annual event. For a sense of just how long this unfortunate little country has been struggling to survive under the relative sound money…

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The State of the Trend

Dec 21, 2014 at 07:37

With 2014 drawing to a close, it's time to look at the big picture one more time and find out where we stand from a long-term point of view.

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A Look Ahead into 2015

Dec 21, 2014 at 07:36

With 2014 winding down, now would be a convenient time to discuss the prospects for the financial market and economy in 2015.

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Can You Make a Living Trading Springs and UpThrusts?

Dec 21, 2014 at 07:34

We tell the truth about trading springs and upthrusts, no holding back!

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Oil: Potential Bottom and Swing Long Setup

Dec 20, 2014 at 16:30

I am assuming that from the July 2008 Top Oil is unfolding a Zig Zag, therefore the wave (C), which is underway, will likely test the 2009 low and probably…