Bonds Catch A Bid As U.S. Economic Data Remains Soft
Last week, my weekly commentary on the financial markets started with this paragraph:
“The last two weeks the markets have rallied to new all-time highs....
Apple Closes Higher: AAPL Price Target Within Reach
Back in November I shared a chart of Apple (AAPL) showing its upside potential based on its long-term uptrend channel and October breakout to...
Market Set To Test Major S&P 500 Fibonacci Extension Level
Last week, investors watched the S&P 500 grind higher, pushing the index into unchartered territory: the land of all time highs. And with the major...
SP 500 Correction Ahead? Putting Recent Pullbacks In Perspective
Over the past few months, the stock market has seen a few swings. This shouldn't come as a big surprise. Back in August of...
Why Crude Oil Production and Prices Do Not Bode Well For Stocks
As I mentioned in my weekly market commentary, the stock market’s bull case is that oil has bottomed. Never mind that the Bull’s case...
German DAX Pushes Higher: Currency Hedged ETF Outperforming
The German DAX Composite (DAX) has been in a strong uptrend since bottoming last October at 8354.97. During its resurgence, the DAX ran into...
Why Home Depot’s Stock Has Been So Strong
Although the US economic recovery has been anything but vibrant, there are plenty of fundamental reasons to give for the recent strength in Home...
Global Market Trends: Why Deflation Is Still A Concern
Over the last two weeks the US Equity markets have rallied to new all-time highs. At the same time we have seen the yield...
Gold Ends Higher: Will GLD Reversal Set Up A Tradable Rally?
Gold futures dropped sharply this morning, hitting a low of 1197 and taking the Gold ETF (GLD) down with it. In the process, GLD broke...
Japan’s Nikkei 225 At Major Technical Resistance Level
Japanese equities have been strong since bottoming last October. The most visible sign of the Japanese markets is the Nikkei 225 Index. Its rally out of the...
