So where do we go now? It is beginning to look like we just should move to a beach and live off the land at least until government comes in and begins to tax in-kind as did Rome. Anyone with 10% of a functioning brain is starting to connect the dots. We can see 2015.75…
We’re now six weeks beyond the end of the Fed’s latest round of Quantitative Easing. With QE in the past and the Federal Open Market Commitee taking center stage on Wednesday, let’s take a quick look at what’s been happening for US Treasuries. The yields on the 10-, 20- and 30 year Treasuries have generally…
CLICK ON CHART TO ENLARGE One year ago this month the yield on the 10-year note had just underwent the strongest 18-month rally in 30-years. This rally was off the charts rare, as the prior seven strongest 18-month rallies were just half this size, taking it to the stop of channel (A) in the chart…
The first issue of FIMENA EXPO 2015 – Forex & Investment Mena Expo 2015 bringing a B2B and B2C experience in Dubai organized by Street Smart Events Management. Taking investments and online trading to the next level, this is where it all happens… The “FIMENA EXPO 2015” – “Forex & Investment Mena Expo 2015” organized by Street…
An Update on a few Obscure and Not-So Obscure Indicators We recently discussed the market with our friend T.R. (inventor of the proprietary Au-Ag ratio adjusted VIX indicator) and he sent us a few charts of the things he is watching. While he’s not a long term bear, he does think there is sufficient evidence…
The Federal Reserve’s policy statement and updated economic forecast due out on Wednesday will be closely read in the wake of last week’s volatile market action – the US stock market suffered its worst week in several years while crude oil tumbled to a five-year low. The US economy, however, continues to deliver encouraging news, based on last week’s…
Stocks toyed with the idea two weeks ago, but pulled the trigger last week. What’s that? A significant stumble. After the bullish momentum slowed the first full week back after Thanksgiving, it reversed – in spades. The S&P 500’s (SPY) (SPX) 3.5% pullback last week was actually the worst single calendar-week performance since August of 2011. …
After the worst week for stocks in years, and following a significantly oversold condition, it will hardly come as a surprise that the mean reversion algos (if only to the upside), as well as the markets themselves (derivative trading on the NYSE Euronext decided to break early this morning just to give some more comfort…
EUR/USD Signal Update Last Thursday’s signals expired as although the price did reach 1.2401, there was no bullish price action at this level following the first touch. Today’s EUR/USD Signals Risk 0.75% Trades may only be made between 8am and 5pm London time. Short Trade 1 Short entry after bearish price action on the H1 time…
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH15 +0.72%) this morning are up +0.80% and European stocks are up +0.46% as energy producers gained after the price of crude oil rebounded from a 5-1/2 year low. An increase in M&A activity is also pushing stock prices higher as PetSmart jumped nearly 6% in premarket trading after…
