Currencies

Will The Jobs Report Send Stocks Into Price Discovery Mode?

One of my favorite posts from this year was a post that I wrote in late June before I was on Sirius-XM’s “Behind The Markets” show:  Confusion Reigns: Separating What’s Bullish vs Bearish In The Markets. In that post (and on the show), I laid out compelling cases for both bulls…

The State Of The Financial Markets In 5 Charts

Back in March I did a comprehensive overview of the financial markets that looked at the technical setups across multiple asset classes. Fast forward five months and many trends have continued to play out with dogged determination. Nevertheless, reviewing fresh data can help us pinpoint key areas that represent opportunities…

Are Gold, Copper, And The Miners Setting Up For A Rally?

In my opinion, the metals and their respective commodity currencies are preparing for a very tradable bounce. Note the use of the word “tradable”, as this type of rally will not be “long term” in nature as the metals are in established macro down trends. I see these opportunities being 4-8 weeks…

The COT Report: Investors Weigh Economy As Commodities Sink

The following is a recap of The COT Report (Commitment Of Traders) released by the CFTC (Commodity Futures Trading Commission) looking at futures positions of non-commercial holdings as of July 28, 2015. Note that the change is week-over-week. 10-Year Treasury Note: The following from the FOMC statement drew a lot of…

Top Trading Links: Markets Keep Grinding

Things just aren’t as they seem, particularly in the markets. Joe Granville once said ‘if it’s obvious, it’s obviously wrong’. Short term and intermediate term price action always leads to narratives and baseless assumptions in the media that become obvious. They mostly just distract investors. Luckily, the financial blogosphere is…

Why The Australian Dollar Is Nearing A Countertrend Move

The continued advance in the U.S. Dollar since 2011 has made short positions with several paired currencies attractive for investors with a multi-year perspective. However, the Australian Dollar (AUDUSD) appears poised for bounce soon. This sets up the possibility of a countertrend trade for a few months, as well as…

The COT Report: Commodities Slump, Treasuries Catch A Bid

The following is a recap of The COT Report (Commitment Of Traders) released by the CFTC (Commodity Futures Trading Commission) looking at futures positions of non-commercial holdings as of July 21, 2015. Note that the change is week-over-week. 10-Year Treasury Note: Is global growth slowing? The ongoing slump in commodities seems…

The COT Report: Bulls Show Horns As Gold And Volatility Crushed

The following is a recap of The COT Report (Commitment Of Traders) released by the CFTC (Commodity Futures Trading Commission) looking at futures positions of non-commercial holdings as of July 14, 2015. Note that the change is week-over-week. 10-Year Treasury Note: Fed Chair Janet Yellen during her mid-week Humphrey-Hawkins testimony…

The COT Report: Volatility Stalls; Stocks Set For Comeback?

The following is a recap of The COT Report (Commitment Of Traders) released by the CFTC (Commodity Futures Trading Commission) looking at futures positions of non-commercial holdings as of July 7, 2015. Note that the change is week-over-week. 10-Year Treasury Note: After the June FOMC minutes were released, investors pushed…

International Investing: Time To Buy Or Play Defense?

The international marketplace has been teeming with activity lately as Greece grapples with insolvency, the China stock bubble bursts, and peripheral nations feel a bit of falling commodity prices once again. This type of stuff makes international investing difficult. All of these headlines have severely eaten into the gains in…