Gold: Outlook for gold remains lower following its Wednesday weakness and with a follow-through underway. On the downside, support comes in at the 1,250.00 level where a break will turn attention to t...
Positive numbers on all measures of the UK retail sales report: 1.3% m/m against 0.5% expected and on top of an upwards revision worth +0.8% for the previous month. Year over year, we have a rise of 4...
The first Minor Weekly Bearish Reversal in the Dow lies at 17434. A closing beneath this for the week will confirm what already appears to be in motion technically as well as after electing three Dail...
The highly anticipated release of the Federal Open Market Committee’s April 26-27 Meeting Minutes was met with surprise after the discussion indicated the door was wide open for June action on inter...
Going into 2016, the US Federal Reserve had a battle plan that called for four 0.25% hikes to the interest rate over the course of the year, in a bid to restore interest levels to near their historica...
The Fed minutes opened the option for a June rate hike and lifted the greenback across the board, with notable moves in EUR/USD,AUD/USD and USD/CAD. What’s next? Is a June hike a certainty? Her...
QUESTION: Mr. Armstrong, there appears to be a dispute between what is money and what is a currency. Can you define each easily? Thank you LW ANSWER: “Currency” is an official monetary instrumen...
S&P 500 (SPY) looks to be trading in the same situation as the DAX, both showing signs of a complex correction near completion. This complex correction, named a triangle should be completed and we...
EUR/USD 4 hour The EUR/USD is showing strong bearish candles as it approaches a horizontal support level (blue). The alternative is a wave 3 if price manages to break below this support and the 161...
Which is better, Apple Inc. or cold hard gold? Both have a place, it would seem. Both investments prompt emotions. But when it comes down to it, which one is a better bet? Adam Johnson, founder of ...