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…
Tag Archive for Lows
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Oil prices slide as dollar strengthens (via AFP) Full Story
by Newswires • • 0 Comments
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 barrel.…
Latest Business Headlines
FOREX-Greek woes drag euro to near 4-mth lows; Aussie dips – Reuters
by Newswires • • 1 Comment
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…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and INDU Updates: It’s Painfully Obvious What’s Going to Happen Next… or is it?
by Pretzel Logic • • 0 Comments
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…
Latest Business Headlines
GLOBAL MARKETS-Stocks, oil slump on weak jobs data – Reuters
by Newswires • • 0 Comments
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 …
Professional Edition, Technical Trader
Cycle Juxtaposition Could Tie Market In Knots for Months
by Lee Adler • • 0 Comments
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 6…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, COMPQ, Eur/USD Updates: Today Could be a Critical Day
by Pretzel Logic • • 0 Comments
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,…
Charts, Economics, Email Bulletins Archive, Housing, Lee's Free Thinking, Must Read
Listed House Sale Closings Rose 74,000 in March, Prices up 5% in Month, 2.5% in Year
by Lee Adler • • 0 Comments
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 significant…
Charts, Economics, Email Bulletins Archive, Lee's Free Thinking, Must Read
Lots of Conomic Data Releases, All Of Them Misleading
by Lee Adler • • 0 Comments
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 add…
Latest Business Headlines, Professional Edition, Technical Trader
Market Looks For Short Term Turn
by Lee Adler • • 0 Comments
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 bullish…
