Market Overview

Monday is a slow day for economic news, although India’s update on industrial production will provide new insight on how the growth leader in emerging markets is faring amid wobbly macro data...

The main US news this week was not economic, but political: Kevin McCarthy withdrew his bid to become Speaker of the House. As of this writing, several candidates have announced their desire to seek...

This week, it was the IMFs turn to downgrade their global growth projections, which they did on October 6:The IMF’s latest World Economic Outlook (WEO) foresees lower global growth compared to...

The pound found a surprising amount of bids in the latter half of the week which led to a break over the important resistance identified last week. Despite a sharp fall in the services PMI and a meek...

There is a sense that the markets are at crossroads. Many suspect there has been a trend change. The reason for many to buy the dollar was the Fed was going to raise interest rates. Lift-off may not...

Brett N. Steenbarger is always worth reading, no matter where you are in your trading career. If you’re just beginning, he lays out the highs and lows you can expect, the work you’ll be...

VIX challenged its Long-term support at 16.37 but closed above it. Usually a drop under 20 is a harbinger of calmer markets. ZeroHedge says, “Not so fast!” Selling Volatility is not a safe...

The Aussie dollar formed a double bottom on the continuous chart with the lows on September 4th (6905) and September 29th (6908). Today the pattern was activated as it closed above the peak ( the...

Financial Repression InsanityPurportedly the Fed is ready willing and able to go to next step of financial repression insanity: Negative Interest Rates.Federal Reserve officials now seem open to...

There are many casual observers in the investment world that probably think managing money is easy. All you have to do is come up with some sort of strategy that involves a definable technique or...

Market tone Global and US markets rebounded this week, relieved that September’s disappointing payrolls report as well as weak US, UK and German export data could mean low US interest rates....

Markets discover price via supply and demand: Big demand + limited supply = rising prices. Abundant supply + sagging demand = declining prices.Eventually, prices rise to a level that is unaffordable...

DOW + 33 = 17,084SPX + 1 = 2014NAS + 19 = 483010 YR YLD – .01 = 2.10OIL + .14 = 49.57GOLD + 17.40 = 1157.40SILV + .16 = 15.93World shares were green across the board after details from the...

Here’s an unmodified excerpt from a TSI commentary that was published a few days ago. It deals with something that has garnered more attention than it deserves and been wrongly interpreted in...