A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Globe and MailOIL FUTURES: Crude Rises In Asia; Iran Talks Enter Second DayWall Street JournalBy Eric Yep Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--US crude-oil futures recovered in Asia Thursday, after hitting their lowest settlement value since O...
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CNBC.comGerman Manufacturing Shrinks at Fastest Pace in 3 YearsCNBC.comGermany's manufacturing sector has been shrinking at the fastest rate in three years in May, renewing concerns about the stamina of Europe's largest economy, which likely pr...
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Irish TimesSafe-Haven Government Bond Yields Fall To Fresh LowsWall Street JournalBy Nick Cawley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Yields on safe-haven government bonds hit fresh lows Wednesday, as investors piled money into triple-A-rated deb...
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A quick reminder: if you haven't met the requirements for registration at the new forum, your account will, unfortunately (or maybe fortunately, lol) not be approved. Please read this thread carefully when registering. ...
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Moneycontrol.comBrent steady near $109 ahead of EU summit, Iran talksReuters* EU leaders meet on Wednesday to tackle debt crisis * World powers due for nuclear talks with Iran on Wednesday * US crude stocks up, products unchanged last week - poll (Upda...
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Globe and MailBrent steady near $109 ahead of EU summit, Iran talksReuters* EU leaders meet on Wednesday to tackle debt crisis * World powers due for nuclear talks with Iran on Wednesday * US crude stocks up, products unchanged last week - poll By Flor...
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BloombergRussian Stocks Continue Slide On Weaker Oil, Euro FearsWall Street JournalBy Ira Iosebashvili Of DOW JONES NEWSWIRES MOSCOW (Dow Jones)--Russian stocks and the ruble hit multi-month lows Friday, dragged down by weaker oil prices and sovereign ...
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Belfast TelegraphAsian Shares Slump; Korea Eliminates 2012 GainsWall Street JournalBy DANIEL INMAN HONG KONG —Asian markets fell heavily Friday, with Japan, Australia and Hong Kong all hitting four-month lows, as poor US manufacturing data added to r...
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(via AFP) The price of Brent crude retreated Thursday, hitting the lowest level for over five months, while oil futures steadied in New York a day after hitting six-month lows amid signs of weak energy demand. Brent North Sea crude struck $108.12 a barrel — which was the lowest point since December 30, 2011…
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Mortgage Rates in U.S. Fall to Record Lows With 30-Year at 3.79%BloombergMortgage rates in the US fell to a record for a third straight week, reducing borrowing costs as the housing market improves and home-loan defaults decline. The average rate for a...
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Several technical indicators have reached levels consistent with intermediate lows, but key support levels have been broken, and despite some signs of being oversold, the market remains vulnerable to further declines, both over the short run and the longer term as well. The market averages have broken down from an important top, and some...
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A few signals are finally starting to reach oversold levels, but there's nothing to mark the extreme levels normally associated with more meaningful bottoms.
As I was looking at the charts earlier, particularly the down volume to up volum...
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Globe and MailTreasury Yield Is 10 Basis Points From Low on GreeceBusinessWeekBy Wes Goodman on May 15, 2012 Treasury 10-year yields were 10 basis points from the record low after German Finance Minister Wolfgang Schaeuble said a Greek election would b...
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Globe and MailTreasury Yield Is 10 Basis Points From Low on GreeceBusinessWeekBy Wes Goodman on May 15, 2012 Treasury 10-year yields were 10 basis points from the record low after German Finance Minister Wolfgang Schaeuble said a Greek election would b...
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BloombergUS Treasurys Rally On Greece Fears; Yields Test Historic LowsWall Street JournalBy Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- The global scramble for safe-haven assets sparked by Greece's political shuffle is firing up deman...
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Oil prices slide as dollar strengthens (via AFP) Oil prices slumped on Monday, with New York crude striking five-month lows, as the dollar strengthened against the euro on mounting worries over Europe’s debt crisis, traders said. New York’s main contract West Texas Intermediate crude for delivery in June was down $1.99 at $94.14 a...
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Sydney Morning HeraldFOREX-Greek woes drag euro to near 4-mth lows; Aussie dipsReuters* Euro falls below $1.29 to lowest in nearly 4 months * Political risk factors to undermine euro * Aussie dips below parity, hits 5-month low By Anirban Nag LONDON, M...
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The very short-term charts are still a mess. Some personalities feel that an analyst should be able to have a strong opinion on the market at all times -- unfortunately, out here in the real world, that's simply not realistic...
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FirstpostGLOBAL MARKETS-Stocks, oil slump on weak jobs dataReuters* Weak US payrolls, PMI reports in Europe, spell gloom * Global shares slide; bond prices jump on QE3 hopes * Brent crude falls to 3-month lows under $113 a barrel * Dollar slips vs yen ...
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The market’s drop yesterday changed nothing in the numbers or the chart patterns. Upside projections range from 1407, already done, on the 4 week cycle to 1425 on the 6-7 week cycle, and 1460-90 on the 10-12 month cycle, with an idealized peak target date of May 7. On the downside 13 week and...
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Today could be a key day toward gaining more confidence in one of the two main counts, because -- as those of you who own digital watches already know -- today is the first of May. The first of any month is frequently bullish,...
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Off the lows,but could go either way here.....
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The NAR reported today that their members settled 361,000 house sales in March (actual, not seasonally manipulated), up 74,000 from February. The median price rose 5.27% versus February and was up 2.5% versus March 2011. This was the largest monthly percentage price gain since June 2005. The year over year gain was the first...
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There’s been lots of conomic data over the past couple of days. I covered the NAHB builder survey yesterday. Regardless of the fact that the housing market is at pathetic levels historically, the builder data showed the rebound off the lows to be on track. Today, the government released data on housing starts to...
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While all cycles up to 10-12 months are technically in gear in down phases, the market has shown little sign of giving ground. Lows are overdue on the 4 week and 6 month cycles and only the 4 week cycle projection is slightly below levels that have already been reached. Liquidity should now be...
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The dark and dirty job of pointing out that the NAHB Housing Market Index present conditions index is up 11 points versus last April and traffic is up 5 points falls to me, I guess. The mainstream media and the NAHB itself has already widely reported only the bad news that April was down versus...
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Yesterday's market blew through the downside projections, much like the rally did on the upside earlier this year. It comes to mind that the prior rally became historically over-extended, so there are a lot of folks ready to jam the exit doo...
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Divergence in the early openers: Kiwis -0.2% and Aussies -0.7% doing a catch up after yesterday's hol with Nikkers +0.6% and Sth Korea +0.3%.
Most Aussie sectors in the red but off the lows: Healthcare -1.9% and Energy -1.7%. Gold +0.6% is the sole g...
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Who remembers Sniglets from HBO's series, Not Necessarily the News? Sniglets are words that should be in the dictionary, but aren't. One that sticks with me from my youth, and which comes to mind now, is:
Pielibrium - n. The...
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SPX, INDU, and CVX Updates: Market Decides to Mix It Up a Bit
A quick note on the new website: if you have been unable to register there because the software thinks you're a spammer: I have taken down the spam protection for today only. Please go re-register if, and only if, you've met the r...
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