Global Markets

The Bank Of Japan Sent The World A Warning Last Friday

Last Friday the Bank of Japan (BOJ), Japan’s central bank, surprised the markets and enacted a negative interest rates policy. This stunning action follows on the heels of the European Central Bank (ECB), which took similar actions last year. Both regions, along with most of the world’ s leading economies,…

Low Commodity And Wage Costs Will Drive New Growth Cycle

One of my favorite lines last week came from fellow See It Market contributor, Anne-Marie Baiynd:  “Something about the market always feels like you’re looking at it through a house of mirrors…” (from her post “The State Of The Market“. In an age of information overload, we are inundated with…

S&P 500 Futures Holding Above New Price Support Level

Friday’s trading saw the stock market indexes accelerate into levels well above normal resistance zones under negative divergence so this morning’s drift down should not be a surprise. That said, S&P 500 futures are holding new price support levels that were previously resistance levels. The Morning Report: Can S&P 500 Futures…

Is Constellation Brands Stock (STZ) Ready To Run Higher?

I’ve been watching Constellation Brands stock (STZ) for the last few weeks. The stock is strong all around, with a sound technical picture coupled with some impressive earnings numbers. Constellation Brands earnings report on January 7th beat expectations and was very impressive with EPS and revenue well above estimates… and…

2016 Yearly Pivots For Stock Markets And Commodities

As many of investors are aware, price pivots in the market often serve as support and resistance and can produce some trend changes. Since we are still in January, and the stock market and broader financial markets are beset by volatility, I thought it would be good to share the…

Could A Saudi De-Peg Cause A US Dollar Crash?

I have the best clients. Most of them are retired after successful careers. They understand investing and are able to differentiate between real market data versus salesman hype. They are intelligent. They are tuned into what is going on around the world and do a good job of understanding the…

Is The US Dollar Index Topping? (Chart Spotlight)

One of my favorites trading setups thus far this year is taking shape in the US Dollar Index futures ($DX_F). Check out the monthly chart of the US Dollar index below and the Extremehurst top extension sell signal.  The last time we saw this type of sell signal was in…

Big Bad China: The World’s Latest Economic Headache

It seems as though every day we are inundated with news out of China. Investors are already concerned. The offshore renminbi (CNH) is more international than the onshore one (CNY), which is tightly managed by the government. As such, the rising spread (CNH-CNY) between the two may be indicative of…

Global Markets In Review: Will China Spur A Bear Market?

December was a fairly uneventful month as activity across the global markets was light due to various holidays.  On a personal note, I went sledding with my 4 year old nephew and 3 year old son, and we had a blast.  This activity did not add to GDP, nor did…