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Friday, March 22, 2013
In Honour of Market Action This Week..."Pinball Wizard"
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Thursday, March 21, 2013
Is Japan's Massive Monetary Stimulus Program Helping its Trade Balance?
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I'll let the following graph speak for itself. Here's the link: http://screencast.com/t/jbHGFxFpcGF
Tech Flu
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One has to wonder why Technology is lagging so badly this year, as shown on the Weekly line chart below of the YM, ES, NQ & TF . It wa...
Wednesday, March 20, 2013
The Fed Umbrella...
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...is still up and markets are still sitting 'high and dry.' You can find today's FOMC meeting Statement, Economic Projecti...
Tuesday, March 19, 2013
VIX Pops on News of the Cyprus Finance Minister's Resignation
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As shown on the Daily chart below, the VIX has popped above a confluence of price, Fibonacci fanline, and mid-Bollinger Band resistance, w...
Monday, March 18, 2013
The Ups and Downs of Zigzags
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Like the zigzag roads that the Romans built in order to ascend mountains, the market continues to wind its way upwards, as demonstrated on t...
The Penny Has Dropped
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After dropping overnight (presumably in response to the bailout conditions of Cyprus ), Copper is still trading down near its low of the da...
Sunday, March 17, 2013
Your Prediction is as Good as Mine ;-)
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Friday, March 15, 2013
Money Flow for March Week 2
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Further to my last Weekly Market Update , this week's update will look at: 6 Major Indices 9 Major Sectors 6 Major Indices ...
970 by April Fool's Day?
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The Russell 2000 E-mini Futures Index ( TF ) appears to be on track to hit its 200% external Fibonacci retracement level of 970 by April Fo...
Sparse Foreign Interest in U.S. Securities
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Foreign interest in U.S. securities has been sparse and sporadic since mid-2011 , as shown on the graph below. Data released today shows ...
Wednesday, March 13, 2013
Loose Purse Strings Last Month
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Tech-Lag
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It's time for Technology to 'step up to the plate' to support a further rally in other equity sectors... ...as the Fed ...
Tuesday, March 12, 2013
High Volumes Above 900 on TF
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High volumes on the TF have taken it down from 930 to 900 and back up to almost 940 recently, as shown on the 60 min (market hours only)...
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