So Venezuela is collapsing, Thailand is crumbling, and Ukraine is for all intent and purpose under martial law, US macro data is dreadful (and no, it’s not all the frigging weather), and German consumer confidence dumped again; and US stocks soar (8th day in a row for Nasdaq for first time since July) on the back of a BoJ move […]
So far the overnight session has been a replica of yesterday, with the all important carry trade once again fizzling overnight during Japan trading hours, and dipping as low at 101.60 before staging a modest rebound to the 101.8 level. We expect the “invisible” 102.000 USDJPY tractor beam to be again engaged shortly and provide market support and/or levitate stocks […]
Chart courtesy of Tom McClellan of the McClellan Market Report (via Mark Hulbert)Hulbert notes that the chart “has been making the rounds on Wall Street.”On the other hand, Martin Armstrong predicts that a worsening economy – and bank deposit confiscation – in Europe will cause people to flood into American stocks as a “safe haven” for a couple of years.And […]
AO made profits of £8.1m as its sales rose nearly 30% in the year to March 2013 The founder of Appliances Online, who set up the business following a £1 bet in a pub, is set to scoop £400m in cash and shares when the business floats next month.AO, as the internet-only retailer is now known, is expected to be […]
By
Gazala Parveen |
02-07-14 |
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Investors who dismissed some hoary market rules of thumb last year as old wives’ tales did pretty well. Does that mean it makes sense to ignore the cautionary message of the so-called January Barometer following a decidedly weak first month of 2014?In 2013, on the way to as 30% ascent, the Standard & Poor’s 500 Index (GSPC) refused to ratify […]
Weekly Technical Analysis – “Near-Term Weakness Towards Worst Case SP500 1730″
by prestonni on Jan 28, 2014 • 7:42 pmThe Swiss team have released their latest technical analysis for the major asset markets.They are sticking to their cyclical road map and therefore forecasting a shallow correction of between 5 to 7%. They reference 1730 as the ‘worst case’ scenario.I’m personally a […]
Looking for a turnaround story in emerging market equities that is decoupling from the general deterioration in the asset class seen over the last months? The Market Vectors Vietnam ETF (VNM) might be worth a deeper look.As most emerging markets, Vietnam was severely hit by the global financial crisis in 2008/09. As in many other emerging countries, the rapid pre-crisis […]
Stock Market Crash – Dow Crashes 450 in 2 DaysStock-Markets / Financial CrashJan 26, 2014 – 12:39 PM GMTBy: WavePatternTraders
Anyone reading that headline would think it’s some sort of surprise to most traders that the markets crashed 450 points in 2 days, but for us a wavepatterntraders.com we have been looking […]
