The latest weekly investor sentiment poll on twitter showed up a couple of interesting divergences that may offer clues on the next steps for markets. As a reminder the weekly sentiment poll ask...
There are a lot of investment strategies out there, and we’ve talked about quite a few, but it occurred to me that I’ve missed a very popular one: dollar-cost averaging. This edition of Ma...
The week ahead will see a fresh set of economic data for the month of June. The economic releases coming out this week include the manufacturing PMI data from China, the UK, US, and the eurozone. Late...
Copper confirmed a new Intermediate Cycle this week with a breach and close above my Red Yearly Cycle Down trend line (see first two charts). Given that this last Yearly Cycle was extremely Right Tran...
The independent measure of China’s manufacturing sector, the Caixin manufacturing PMI, advanced above the 50=point threshold. At 50.4, the indicator not only returned to growth territory but also be...
After opening the day on a positive note, stock markets in India have continued their momentum. Sectoral indices are trading on a positive note with stocks in the FMCG sector, metal sector and t...
The Kuwait Stock Exchange Index (KWSE) is sitting on the edge of a cliff. We may soon see a decisive reversal of the uptrend begun from the January 2016 low. Following the January 2016 low, the KWSE a...
EUR/USD finally made a breakthrough and holds onto higher ground. What’s next? Here is their view, courtesy of eFXnews: Nordea FX Strategy argues that while the longer-term direction for EUR/USD i...
Fundamental Forecast for EUR/USD: Neutral – EUR/USD sailed into fresh yearly highs last week, and may have a new bullish catalyst to work through the summer months. – The only EUR-cro...
AT40 = 57.2% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 57.6% of stocks are trading above their respective 200DMAsVIX = 11.2 (volatility index)Short-term Trad...