Gold looks to weaken on bearishness following its past week losses. While the 1088/98 zone remains unbroken, its broader bias remains lower. On the downside, support comes in at the 1070.00 level where a break will turn attention to the
November 22, 2015
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 11 years of Forex prices, which show that the following methodologies have all
I received this *.pdf and an invitation to read it from my colleague and sometimes co-author Alessandra Pelloni. I had a lot of thoughts which I post here as they can’t do any harm. Two comments before the jump and 5 after
It’s that time of year again… When angry mobs of Americans trample one another for the very last Victoria’s Secret thong, when the world over-indulges, over-consumes, and over-stimulates… And of course… It’s the time of year when Wall Street’s best
Economic Reports Scorecard – 11/6/15 to 11/20/15 The economic data continues to come in largely less than expected with the manufacturing/industrial parts of the economy faring worst. In what may be a developing trend, housing starts were less than expected
Less than a decade ago, top talent was flocking to Wall Street — not just for the high salaries and lucrative bonuses, but also for the opportunity to work in a dynamic and fast-growing environment. But now the tech industry,
<<< Read Sunday Shoulders, Part One I was going through my multitudinous short positions in order to dream up some good content for an otherwise quiet weekend, and I noticed quite a few of my positions were head and shoulders patterns.
Precious metals sank to 5-year lows during this past week. The long painful price decline that began at the end of 2011 still continues unabated. Holders of gold and silver are understandably wondering if their faith in precious metals has
The US Dollar this past week thwarted what could have been a nasty reversal that changed the balance of sentiment. Having already stretched to 12-year highs, a number of surveys mark long-Dollar as one of the most oversaturated trades in the market. Yet,
Insider buying decreased last week with insiders buying $132.46 million of stock compared to $193.44 million in the week prior. Selling also decreased with insiders selling $2.15 billion of stock last week compared to $2.88 billion in the week prior. Sell/Buy Ratio: The insider Sell/Buy
