Trading signals for Friday 27-01-2012
FOREX-Signals EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,3180 Entry-Limit Sell 0,8390 Limit BUY 1,3140 Limit BUY 0,8350 Stop BUY 1,3200 Stop BUY 0,8410 USD/JPY [...]
Today was another battle in the war between US Treasuries (UST) and equity. Both continue to try and breakout and move higher, something that is simply not sustainable. Let me rephrase that it is sustainable to an extent. That was the case over the past five months. After a breakout to all time highs in July [...]
I don’t believe this market is going to come to a specific level and reverse giving an all clear signal to go short and or exit longs. The basis for that statement is in late July 2011 the market experienced a minor pullback off no major technical level that quickly turned into a major decline [...]
As I was writing this past weekend’s newsletter “A Technical Review Of The Markets” it really dawned on me just how complacent investors have become on the economy, the markets and risk in general. The mainstream media, and most of analysts, are looking at recent improvements in the economic data as a sign that the economy has [...]
There are a lot of happy bulls out there right now with a level of complacency I don’t think I have ever seen. What I do find comical is many of these bullish individuals are claiming that credit is wrong here or the US has decoupled from various currencies pairs, etc. Where the comedy comes [...]
If investing seems harder than it used to, you’re not imagining things. U.S. stocks are down from a decade ago, the gold/silver miners haven’t kept up with the underlying metals, and though Treasury bonds have done pretty well, only a lunatic would count on them going forward. And now that MF Global has crashed and [...]
Bernanke is trying every way he can to get banks to lend (printing coupled with a multitude of lending facilities and Fed programs). It’s easy enough to prove the printing: Base money supply is up about $1.8 trillion since the start of the recession. The charts below offer a stunning narrative of the Fed’s efforts [...]
You can probably relate: Every year, come January 1, I just can’t help but feel that “every little thing is gonna be all right,” as Bob Marley sang. This year, the mainstream financial community is sharing the same sentiment. Here’s how EWI’s Steve Hochberg summarized it [emphasis added]: At its conclusion, 2011 was marked by back-and-forth stock swings [...]
I realize that this may be somewhat confusing given the overriding issues with the economy, the Euro-Zone, the upcoming political debate on raising the debt ceiling and upcoming pressures to corporate profit margins…but the S&P 500 registered a “buy”signal last week. In this past weekend’s newsletter (click here for free email delivery) we stated that ”…politics and economics make [...]
Friday Market Review: A Lonely Bear
Completely different Market Recap today. In many ways I feel like I lost control of my own site. It’s not that I don’t welcome commentary I do but I get the sense my own views are being spun and turned back to me as chatter from a perma bear. If you have been a regular [...]
Continue Reading