The Wall Street Journal is reporting that minutes of a meeting in China two months ago reveal that officials there have abandoned their commitment to give market forces greater sway in setting the yua...
EUR/USD: With EUR/USD weakening during Tuesday trading session, further decline is expected in the days ahead. Support lies at the 1.1150 level. Further down, support comes in at the 1.1100 level wher...
The broader U.S. market has been in a tight spot since the beginning of 2016 due to a host of global issues and uncertainty about the rate hike. Amid these concerns, mid-cap funds offer the best of bo...
The up/down/up/down market remains fully in place, it seems. After a brief bout of weakness yesterday, sure enough, the market recovered last night, and we’re mashed right up against that descending...
The Banking Index closed at 68.63 with the C-RSI at a Caution-Positive level of +4.32. The Accelerator had an upside bias. The Timing Indicator was in positive territory with an up tick while the tw...
Recently, I told you I was working on a special Currency Report, with profit recommendations for a large basket of world currencies. There’s so much information here, I’ve decided to break it into...
Technical Outlook: My Trades: Did not close any positions yesterday. Added one swing-trade to the portfolio yesterday. Currently 20% Short / 80% Cash Remain Short QQQ at $105.00 and one other posi...
Asset markets aren’t prepared for a hawkish Fed. As Bloomberg’s Richard Breslow notes Fed speakers have even taken to the Sunday talk shows to beat the rate-rise drum as economics is morp...
German ZEW Economic Sentiment comes out at 6.4 points, well below 12 points expected. On the other hand, the Current Conditions components missed with 53.1 points, above 48.9 predicted. EUR/USD is...
The FTSE 100 was range bound this morning, much as it has been since price reached the current levels on May 4. The May 6 low of 6053 is a strong support and traders have attempted to take out th...