Markets ended in the red zone for the second-consecutive day on Monday as oil price slide continued to dent investor sentiment. Moreover, dismal earnings outlook also dragged down benchmarks yesterday. However, some merger and acquisition news limited day’s losses. More than 75% of the Dow components ended in negative territory on Monday.For a look at the issues currently facing the […]
US Stock MarketDavid R. KotokCumberland AdvisorsFor a while we said the US was the “least worst” investment alternative in the world. And that used to be hotly disputed. The present global outlook may require the most strenuous doubters to reconsider.Sure, we have a lot of work to do. And the fiscal, energy, tax, geopolitical, and social policies of our country are […]
Bitcoin Trading- BTC/USD Technical Analysis, Aug 14: Support Broken, Declines to $521
By Leon Pick on August 14, 2014 in Trading
Judging by the sequence of events, it would seem that Bitcoin is following the lead of Litecoin and the alts, which have been caught in one of their most disastrous declines in recent memory. It just seems wrong, if not irrational, […]
Nothing boosts the prospects of page hits on a blog – or funding of a grant proposal – like the phrase “big data.” Why are we enamored with “big data”? It’s not the magic bullet of management or policy: It’s made money for a few companies, but has backfired bigtime in the arenas of national security (NSA surveillance scandals) and […]
Swiss holidays yesterday so this week’s technical run through has been delayed slightly.Price has pushed on from last week’s report and as a consequence some of the technical readings, according to the team are rapidly moving into a contrarian territory which is starting to signal we are moving into the zone of the medium term top in major equity asset […]
In the latest forex market trading review, the return of US traders from their Memorial Day holiday lent support to the dollar, along with stronger than expected headline durable goods orders data. The report showed a 0.8% increase in orders while the core version printed a mere 0.1% uptick. Traders might be positioning ahead of tomorrow’s preliminary GDP release, which […]
Of all the weekly reports that come through its the trio of the Citi, UBS and AG reports that I am drawn to.I like the CS macro pulse and the GS weekly tech also the Barcap tech. There are many runners up in terms of analysis but top trio are standouts in my view.Later today the Swiss team’s regular but […]
Weekly Multi Market Technical Analysis – “Buy Signal Commodities” – 11th Feb14
by prestonni on Feb 11, 2014 • 5:57 pmHere below please find the latest Swiss team’s technical comments across global multi asset markets.Their recent calls have been pretty much “spot on the money” and many of the calls contrary to the consensus market view which is really noteworthy and […]
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 […]
REUTERS/Marcos BrindicciTraders work on the Buenos Aires Stock Exchange floor during mid-afternoon trading, May 7, 2004.See AlsoThe Emerging Market Currency Bloodbath In One Horrific ChartArgentina Just Made A Huge Change To Its Currency Policy A Day After Its Peso CrashedTHE GLOBAL 20: Twenty Huge Trends That Will Define The World For DecadesIt’s ugly out there.
Even after Thursday’s 175-point (1%) plunge […]
