We’re Off To The Races
Friday was a quad witching day and began with some wild heavy, heavy, volume swings but in the end, it was just noise. Stocks and markets are acting great and look to have more upside in the week to come. Good stuff from the SPY ETF as it moves nicely towards the 207.50 resistance area. Great […]
EUR/USD Forecast March 21-25
EUR/USD backed down from the post-Draghi highs only to shoot even higher on the Fed’s dovishness. The highlights for the upcoming week are the dual German business surveys as well as PMIs. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The Fed went to the extreme dovish edge, hitting the […]
E Markets Weekend Update – March 19, 2016
VIX declined beneath weekly mid-Cycle support at 15.93, making a new Master Cycle low.The Cycles Model suggests VIX may begin to rally next week.An aggressive buy signal (NYSE sell signal) may be made with a rally back above mid-Cycle resistance. (AFR) Even as a gauge of investor anxiety hovers close to the lowest level of […]
Duke Energy Hits A 52-Week High On Fed’s Soft Approach
On Mar 17, 2016, shares of Duke Energy Corporation (DUK – Analyst Report) soared to a new 52-week high of $80.22. The stock pulled back a bit to end the trading session at $79.99. This utility giant with a market cap of around $55.03 billion has seen its shares rise roughly 12.05% so far this year, outperforming the 0.16% […]
Big Volume Accumulation
Options expiration played into Friday’s volume, but it was a decent push by bulls for a rally which is in the latter stages of its run (at least on an intermediate time frame).The Dow had the best of the action as it cleared declining resistance defined by Winter 2015 highs. The next challenge for […]
German Central Bank Head Warns About “Helicopter Money” (He Really Means “Helicopter Money”)
I am constantly skeptical of the term “helicopter money” as bandied about by the average economic writer. “Free cash” is what I consider helicopter money. The typical headline reference to helicopter money is some sort of discussion about QE, monetary printing, central bank asset purchases, etc., not free money. Today, Jens Weidmann, head of Deutsche Bundesbank, […]
This Will Be The Next Bear Market Sector
It all started back in 2008 when the industry was hit with ultra-high oil prices and tightening credit markets. This helped keep new players out of the industry and capacity in check — so no oversupply or pressure on pricing. At the same time, high fuel costs lead to a wave of consolidation in the […]
Central Banks Are Attempting To Ward Off Stock Market Crashes
The European Central Bank and the Bank of Japan have run out of “bullets” in their arsenal. They will continue to cut interest rates further ‘below zero’, but that is not taming the ‘Beast of ‘Deflation’.To the global community, it is evident that this is not continuing to prop up the stock markets any longer. […]
Analyzing Warren Buffett’s Biggest Bet-Wells Fargo
Wells Fargo (WFC) is Warren Buffett’s largest holding, and he first bought into the company in 1989. Buffett owns businesses with lengthy operating histories, durable competitive advantages, and excellent management teams, and Wells Fargo is no exception. Warren Buffett even added to his stake in the company during the fourth quarter of 2015, making the stock […]
USD/JPY-More At The 110.66 Low Than You Might Think
EUR/USD Weekly Chart Prepared by Jamie Saettele, CMT See REAL TIME trader positioning -The most recent comments noted that “the failed breakout could be bearish but EUR/USD is still in a range (could end up as a triangle or flat from the 2015 low) and levels to pay attention to for support are 1.0872 (year open) and […]
