Do you want to see something really ugly? Look no farther than the daily bar chart for the Dow Jones below. Yep, Mr. Bear was a bad bear this week. The Dow Jones saw two new all-time highs last week
October 14, 2018
“And Aaron shall cast lots over the two goats, one lot for the Lord and the other lot for Azazel. And Aaron shall present the goat on which the lot fell for the Lord and use it as a sin
On Thursday morning, following the systematic unwind that precipitated the worst day for U.S. stocks since February and the worst day for the Nasdaq since Brexit, Nomura’sCharlie McElligott penned a post-mortem of sorts. “Take this sloppy Equities deleveraging move for exactly what it
While the IMF chief Christine Lagarde has come out expressing her fear that not only a trade but also a currency war may emerge that could dampen the growth of the global economy, there are some serious issues that need
Dollar/yen tumbled down alongside global stock markets and as US data fell short of expectations. What’s next? The upcoming week features US retail sales, the FOMC meeting minutes and eyes wide open to developments in equity markets. USD/JPY fundamental movers The Japanese yen returned
When I was a kid, the “nice” store was Sears and the also-ran was JC Penney. You could kind of tell how nice a mall was by which one of those anchor stores they had. Well, that’s all ancient history now. You can
Cryptocurrency hedge funds are still a fairly new investment vehicle, but we’re already getting a pretty good idea of how they stack up against simple passive investments in two common underlying currencies. The bitcoin price and ethereum price have both
USDJPY broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 109.77 had completed at 114.54 already. A further decline could be expected and the next target would be at the
This week is likely to be more active, as there is significantly more important data scheduled for release this week compared to last week. There will be some key data concerning the U.S. Dollar particularly, as well as the British
