Market Overview

US Core Retail Sales is a high impact release and with the risk appetite sentiment picking up momentum, a stronger release could add more demand for the USD, at least for the time...

"Athens’ biggest worry was the sheer recklessness of its own democratic government." – Thucydides, 5th century BC. History repeats. Greece rocks the news this morning with word that...

We now have "THE Final Offer Before Grexit" (I think). Of course, more offers will come after Grexit.The Financial Times has the Four-Page Text of the Eurozone Demands on Greece. The document is not...

There was no agreement on Saturday or so far today. And the rift between France and Germany has widened. Yesterday I outlined Merkel's Choice.Merkel's ChoicePony up another €80+ billion to Greece...

Eurozone leaders are still searching for a solution with the Greece crisis as of midday Sunday, which means that the week ahead could bring a new phase of market turbulence, depending on the...

There never was going to be any deal. All along, Germany has been seeking to establish conditions that would never be met so that they could force Greece out of the eurozone. But the Germans had to do...

It’s all getting rather tedious, but we’ve begun the week with some gaps – not quite the gut wrenching ones we have seen over this Greek tragedy saga – but one that has...

Was it a coincidence? The S&P 500 rose 1.2% on Friday to 2076. Fed Chair Janet Yellen spoke about the economy and monetary policy the same day. Previously, I’ve observed that whenever she...

The last six or seven years has been a challenging economic environment for most of the country. The financial crisis in 2008-2009 created an enormous amount of damage not only in monetary terms, but...

Last week was full of difficulties for investors, as they experienced a 250+ point fall in the DOW, an exchange crash at the NYSE and world events that will have a significant impact on the investing...

VIX gapped through its declining trendline, giving a confirmed sell signal for SPX. There is a potential Head and Shoulders formation with implications of a much higher outcome once the neckline is...

Market Update: Volatility creeping back into the market, here are some key markets to watch.It’s been a while since I’ve written a market update, so with the recent interesting market...

Technical Developments to Watch:EUR/USD edging above resistance – Greek deal could reinvigorate bulls GBP/USD is testing its 20-day EMA after Friday’s bounce USD/JPY surged late last week,...

Greece: a tragedy that need not happenEither of the literary variety - or literally speaking, tragedies arrive in different ways and forms. They can hit, seemingly out of no where - or from an...