Market News & Insights

Greek Elections Renew Bankruptcy Fears: Markets On Edge

The markets had eyed the Greek elections for some time. And no doubt, concerns about Greece and their commitment to the European Union have added weight to the free-falling Euro. Well, the market’s concerns were confirmed today, as the leftist party Syriza lead by Alexis Tsipras is declaring victory. The party is projected to have between 149-151 seats, with 151 needed for outright majority. So why so concerning for the European Union

Will Central Bank Policies Lead Investors To The Punch Bowl… Again?

Central Bank intervention works and sometimes it works a little too well. However, what happens when Central Bank policies fail to generate growth? Japan is the canary in the coal mine for that scenario and a country that we should be watching closely. At some point, the U.S. will probably have the misfortune of finding out what happens when accommodative policies stop working, but for now everyone wants to follow the lead of

Silver Prices Nearing Major Technical Resistance Into $19

Silver prices have enjoyed a nice rally in the early going of 2015, reaching up as high as $18.50 per ounce. The recent thrust higher likely has to do with European concerns and tension around the Swiss National Bank situation and the ECB bond buying program, but either way, price has moved higher. It’s also worth noting that the rally has landed silver right in thick of heavy price resistance.

Silver Copper Ratio Breakout Triggers Pairs Trade

Silver has been setting up pretty well for a trade. I noticed this a couple weeks back and posted about a pairs trade with Copper (long Silver, short Copper). You can read that post here.  Why was I interested in this trade? Well, in short, Silver looked like it was ready to move higher while Copper still looked week.  And this was visible on the Silver Copper ratio chart. The chart below

Making Sense Of Today’s Market Risks

There have been several events that have occurred in the last days and weeks that, in my opinion, signify that the inherent market risks around the globe are increasing. When a risk manager uses the term ‘risk’, what he or she is really talking about is uncertainty. If I own a 10-year US Government Bond that is paying 2% then I expect to receive the interest on it and for

Moody’s Stock (MCO) In Consolidation: What I’m Watching

Although my main trading focus is on futures, I will from time to time take a closer look at an equity if something catches my attention. Recently while reading an article I stumbled upon Moody’s Corporation (MCO). After doing some homework and applying my own Fibonacci drawings, I saw Moody’s stock as a potential long setup that is in a consolidation phase. BUT as with any trading setup, we need to

Corn Prices Stabilize After USDA Report, Eye Support

After a strong multi-month late year rally above 4 dollars per bushel, Corn prices have spent much of the early going in 2015 in negative territory. The current pullback in Corn prices has been orderly, and thus far appears to be constructive, especially when considering headwinds like a stronger US Dollar. Note that the pullback began from the targeted price resistance zone that I wrote about on December 19. The

Yahoo Stock Pullback: YHOO Price Targets To Watch

After a long bout of trading sideways, Yahoo! Inc. (YHOO) appears to have broken from our targeted PATTERN to the downside. Note that I have covered this Yahoo sell pattern for some time (read more here) and would like to provide an update with some YHOO price targets in this post. Per the chart below, the previous high into Jan 2006 ($43.79) will be key to enacting the polarity principle where former

Chart: The US Dollar Index Is At Critical Juncture

The US Dollar Index has been chugging higher for 7 straight months. And each time it looks ready to pullback, it recharges its engine and goes higher. Many investors probably downplayed the rising Dollar because, amongst other things, it was still in a long-term downtrend… well it’s time that we all pay close attention to that downtrend line. The US Dollar Index is currently trading (overnight futures) above 93, with a recent

Bank Earnings Hit Bank Index As 6 Year Trend Line Falls

Several bank stocks reported sub-par earnings, boosting fears tied to the Swiss National Bank news. All in all, the banks endured another rough week, with the Bank Index (BKX) falling 4 percent. A little over 2 weeks ago, I shared a research note about why investors should be watching the banks in 2015. Well, we may have stumbled upon our first reason (for concern) this week. The bank index penetrated its