Archives by Month:
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
USD/CAD Weekly Analysis – Tuesday, Oct. 30
USD/CAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2782. As long as the price is above the trend line, the fall from 1.3159 could be treated as consolidation for the uptrend and further rise towards 1.3200 is still possible. Key support is at 1.2969, only a […]
Is China Cooling?
Xi Jinping, China’s president, speaks during day two of the Eastern Economic Forum in Vladivostok, Russia, on Wednesday, Sept. 12, 2018. The 4th annual Eastern Economic Forum, held in Vladivostok, will run from 11-13 September. Photographer: Andrey Rudakov/Bloomberg Chinese stocks have taken a hit in the past few weeks. The Shanghai Composite Index has tumbled […]
Are We Near The End Of A Correction Or Near The Start Of A Bear?
Everybody in the market is asking themselves this question. I don’t know the answer, but I know what the overwhelming weight of the technical evidence says at this point. The major averages have broken down below their 200 day moving averages and seem to have taken up residence there. That’s bad. Trump is bullheaded about […]
Gold Falls On Stronger Dollar, Profit Taking
Gold prices ended Monday’s session down $4.44 an ounce, weighed down by a strong dollar. The U.S. dollar index rose on reports that the United States is preparing tariffs on additional Chinese goods if talks between presidents Donald Trump and Xi Jinping fail to reconcile the ongoing trade dispute. Global stock markets were mixed yesterday, […]
Tanger Rated Underform By Wall Street
That real estate sector includes nine industries all related to real property ownership. The industries are: general real estate; Real estate services; and seven varieties of real estate investment trusts: diversified, healthcare facilities, hotel & motel, industrial, office, residential, and retail. Today I’m reviewing a mid-cap real estate investment trust – retail, named Tanger Factory […]
EUR/USD: Reversal Pattern Remains In Force As Merkel Announces End Of Political Career
Previous: On Monday the 29th of October, trading on the euro closed down. The price swayed in different directions against the background of statements by German Chancellor Angela Merkel and data from the US. Merkel has announced the end of her political career, stating that she will not see re-election in Germany’s next federal elections in […]
E S&P 500 Intra-Day View – Elliott Wave Analysis
We can see relatively slow moves in FX despite some volatile price action yesterday on US stocks. There was a new spike lower on S&P 500 futures, but JPY barely moved to the upside. In fact, it’s mostly trading lower since then as USD/JPY is trading towards 113.00 resistance. SP500 futures hit a new low […]
Inside The S&P 500 Correction
Since it peaked at an estimated $24.84 trillion on 20 September 2018, the S&P 500 (Index: SPX) has lost about $2.557 trillion in its total market capitalization through the close of trading on Monday, 29 October 2018, bringing its market cap down to $22.28 trillion, which is below the level where it closed 2017. Just five firms […]
Above The 40 – The Extended Oversold Period Finally Delivers A Bullish Divergence
AT40 = 11.9% of stocks are trading above their respective 40-day moving averages (DMAs) – (as high as 15.6%) 9th day of oversold period following 4-day oversold periodAT200 = 25.4% of stocks are trading above their respective 200DMAs (as high as 29.3%)VIX = 24.7 (as high as 27.9)Short-term Trading Call: bullish Commentary The trading day started off well […]
VIX And S&P 500 Diverge – Non-Commercials Actively Cover Net Shorts In VIX Futures
VIX continues to struggle to take out its high from 13 sessions ago, even as major equity indices dropped to fresh lows yesterday. Non-commercials in the meantime are actively covering their net shorts. At least near term, there is room for premium to come out of VIX. Equity bulls and bears are right in […]
