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 ...
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 aga...
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 ...
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 deci...
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 $105.0...
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 ...
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 pre...
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 attem...
Though lower now, the Japanese Yen had been able to retain recent gains, having been propped up by FX trader’s risk adverse sentiment after another decline in the price of crude ...
The Federal Reserve continued to press ahead yesterday with its public relations effort of talking up the possibility of a rate hike, perhaps as early as next month. The latest add...