Market Overview

The word of the day is transitory. That’s my take on the release of the March 14-15 FOMC Minutes.The information reviewed for the March 14-15 meeting suggested that the labor market strengthened...

Since I’m super-short right now (70 different positions and nearly 300% margined), I thought I’d put up a brief post to examine what the next important “break” level for the...

by Chaim Siegel of Elazar Advisors, LLCThis Friday we'll get the all-important Nonfarm Payrolls report (NFP). ADP came out yesterday with a barn-burner upside surprise of 263K versus consensus of...

March factory orders in Germany on track to revive after February’s sharp setback Will the Eurozone Retail PMI confirm the hard-data rebound in consumer spending? US jobless claims set to dip...

Well, that didn’t last long. Yes, we saw some limited dollar losses but pretty shallow. The Wave [ii] in EUR/USD was pretty shallow and within that range we had a double zigzag. Equally, USD/CHF...

The Institute of Supply Management (ISM) has now released the March Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 55.2...

Japan's Ministry of Finance reports portfolio flows on a weekly basis with a week lag. The data just reported covers the last week in March, as the Japanese fiscal year was drawing to a close.Japanese...

The FOMC minutes were clear that officials are contemplating beginning to address the balance sheet, which is another sign of confidence in the normalization process. However, beyond that, very little...

This time is different. Stocks will always go up. And pigs can fly. Given that pigs are highly intelligent, don’t bet against them. That said, investors might want to take at least the first two...

Plenty of traders use charts of price action to set their trading plan. And there are many different variations on how to interpret the data. To gain an edge technicians continually work with the...

On Tuesday, the Canadian dollar had another rough day, giving up more than 0.15% against the U.S. dollar. The Australian dollar, which is often correlated with the loonie, also lost ground against the...

The economic mover and shaker this week is Friday's employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the...

US stocks inch higher as investors await more data US stock indices inched higher lifted by energy stocks. The dollar was flat: the live dollar index data show the ICE US dollar index, a measure of...

Quiet but data ahead As befits a session wherein the only data releases were 2nd tier and in and around the consensus estimate, markets have been fairly quiet since yesterday morning. Today’s...