When I heard it through the grapevine that the market had given a big sign.
That’s right. The market made a top and broke down without so much as the by-your-leave, obligatory bounce from spport that I was looking for. So much for that. The break…
There’s just empty air until about $220.
The 13-17 week cycle is topping out as the 9-12 month cycle should be bottoming. That suggests… Non-subscribers click here for access. Subscribers, click here to…
Good morning. I made it to the Alsace Lorraine yesterday after a brief stopover in Basel Switzerland to see and pay homage to the Basel III Accords. It was a moving experience even though I was unable to find the exhibit. I went to the Basel Rathaus (p…
The screens produced 171 charts with multiple buy signals as of the last two trading days. There were 42 charts with a second sell signal.…
Dealer fixed income positions have shrunken recently. Is that because they are selling and deleveraging or is it because they must mark to market while…
A new report released by environmental group Greenpeace shows just how much cheaper air travel can be than taking the train in Europe, even for short journeys.The following chart is based on an analysis of 112 travel itineraries in Europe. It shows tha…
Up, up, and away?
But before that I do want to say that I enjoyed meeting FXfox in his hometown of Heidelberg, Germany yesterday. We took a walk on the Philosopher’s Path above the Neckar River. How appropriate, huh? 😄 I got a little history of th…
The cycle layout suggests that there’s only x-x% upside left in this move. Non subscribers click here to access. Technical Trader subscribers click here to…
It’s incredible what a mess central bankers have made of things.