Source In a recent financial stability review of the Eurozone, the ECB has incorporated some remarkable statements and data in both its press release and the official presentation of its findings. Even though the first bullet point of the press release says the ‘systemic risk has gone down despite intermittent financial market turbulence’, the threat…
As a blogger and investment adviser, I spend a fair amount of time on social media sharing my ideas with others and absorbing new concepts. I find that the community of the well-respected traders and investment guru’s that I follow has opened my eyes to unseen opportunities as well as potential pitfalls. All told, the…
T2108 Status: 55.2%T2107 Status: 49.7%VIX Status: 14.9 (jumped above 15.35 pivot at one point)General (Short-term) Trading Call: Hold.Active T2108 periods: Day #36 over 20%, Day #34 over 30%, Day #31 over 40%, Day #29 over 50% (overperiod), Day #4 under 60% (underperiod), Day #106 under 70% Reference Charts (click for view of last 6 months from…
Whatever order there was in the global capital markets has broken down. They did not stabilize in Asia, but there is an attempt underway in Europe. Asian shares were mostly lower, with the MSCI Asia-Pacific Index off more 1.1%, though China’s Shanghai Composite recouped much of yesterday’s loss rising almost 3% today. European stocks are…
The EUR/JPY pair fell rather hard during the session on Tuesday, but found quite a bit of support at the 156.50 level. With that, I feel that this market should continue to go higher, and that it will find buyers if we can break above the top of this hammer. I think that should send…
Note from dshort: I’ve updated this commentary with the latest numbers from last week’s Employment Report. In my earlier update on demographic trends in employment, I included a chart illustrating the growth (or shrinkage) in six age cohorts since the turn of the century. In this commentary we’ll zoom in on the age 50 and older Labor…
The US Daily Cash Surplus for Monday 12/8/2014 was $4.7B bringing the December 2014 Deficit through 8 days to $65B Not a lot of change since the last report, but revenues have taken a small step backwards. they now sit at just $+2B while outlays have grown to +$39B. This will be a slow week,…
The EUR/USD pair initially rallied fairly significantly during the session on Tuesday, but the closer we get to the 1.25 level we begin to see quite a bit of selling pressure. Of course Tuesday was no different, and the market continues to struggle in that general vicinity. With that being the case, the market looks as if…
Written by Paul Hanly “Buy low and sell high” is the oft quoted mantra. “Buy when there is blood in the street” is another. Now is your chance. Australian energy and resource stocks have fallen significantly over the past 3 to 6 months as commodity prices have come off and the China story has begun to…
