Currencies

Intermarket Chart Attack: Not Done

This is an Intermarket Analysis chart review that I provided to my fishing club members this past weekend which graphically represents relationships (strong and weak) that can foretell how the currents are moving to better identify how stocks/sectors/indices will move! You can see my last Intermarket Chart Attack here.  Note my caption was “careful”…

COT Report: Is The US Dollar Ready To Bounce?

The following chart and data highlight non-commercial commodity futures trading positions as of January 30, 2017. This data was released with the February 2 COT Report (Commitment of Traders). Note that these charts also appeared on my blog. The chart below looks at non-commercial futures trading positions for the US Dollar. For the…

The Next Maestro: Will New Fed Chairman Take Road Less Traveled?

The following article emphasizes that the perceived economic prosperity of recent decades is largely the result of political expediency. Those in charge of monetary policy have repetitively failed to act in the best interests of the public in an effort to either avoid criticism or preserve their individual status. While…

S&P 500 Trading Update: Time To Get Defensive

S&P 500 Trading Outlook (2-3 Days):  BEARISH Yesterday’s pullback broke trend line support from late December on equally as bearish breadth as what occurred on Monday. Weakness likely down to 2773 at a minimum, which would be a 50 percent pullback of the move from 12/29 lows. A bounce to fill the gap…

Intermarket Chart Attack: Volatility Strikes Back!

This is an Intermarket Analysis chart review I provided to my fishing club members this past weekend to graphically represent relationships (strong and weak) which can foretell where stocks, sectors and indices might move next! What happened to suppressing volatility? Volatility of volatility looks flat/basing for better part of a year. Careful….

EURO Currency Speculation Sees Record Net Longs

The following chart and data highlight non-commercial commodity futures trading positions as of January 23, 2017. This data was released with the January 26 COT Report (Commitment of Traders). Note that these charts also appeared on my blog. The chart below look at non-commercial futures trading positions for the Euro. For the week,…

U.S. Equities Weekly Outlook: Rally Participation Strong

U.S. equities continue to trade at all-time highs. The broader stock market trend is benefiting from strengthening market breadth. Meanwhile, excessive investor optimism continues to be a nagging concern. Let’s breakdown the latest action in the equities market and share some important investing research with a look forward. Key Takeaways:…

Bitcoin Volatility Picks Up Near Important Price Support

Bitcoin prices are pulling back in January following an historic run last year. Clearly smart money has been taking some gains as the red hot Cryptocurrency takes a breather and retail investors find their way in. Since peaking in mid-December, Bitcoin is down over forty percent. And volatility has picked up….

US Dollar Drawdown Gets Ugly: What Are The Implications?

The US Dollar Index is in the midst of its second-longest drawdown streak since early 2009-2010. The US Dollar is now 13 percent off its 10-year highs. Inside The U.S. Dollar Decline Over the last 5 years the US dollar has been a focal point for multinational companies. The higher…