Market Overview

The Trump effect on marketsA wave of optimism appears to be washing over stock markets this morning, with our screens aglow in green for European markets and all signs pointing to a bullish opening in...

This is the first of three year-end articles. This piece will focus on the last 12 months of economic growth along with the upcoming projections of the LEIs and CEIs offered by the Conference Board....

Summary: Global equities are more than 20% higher than in February. A tailwind for this rally has been the bearish positioning of investors, with fund managers persistently shunning equities in...

SPX Monitoring purposes: Long SPX on 11/30/16 at 2198.81. Monitoring purposes Gold: Covered on 11/9/19 at 24.59 = gain .07%: Short GDX 11/2/16 at 24.78. Long-Term Trend monitor purposes: Short SPX on...

During my morning reading, I ran across an interesting article from Paul Lim via Time giving several reasons why the stock market will “rise for a ninth straight year.” For ordinary...

Canada – In October, the merchandise trade deficit narrowed to C$1.1 billion (its lowest level since January) after widening to a revised record high of C$4.4 billion the prior month. In nominal...

In the eurozone, German ZEW expectations are due out today. Since July, ZEW expectations have followed a rising tendency to 13.8 in November but the December figure may bring this tendency to a halt....

Market Drivers December 13, 2016Chinese data beatsUK CPI in lineNikkei 0.50% Dax 0.81%Oil $53/bblGold $1160/oz.Europe and Asia:CNY Industrial Production 6.2% vs. 6.1%CNY Retail Sales 10.8% vs,...

The Federal Open Market Committee (FOMC) meets this week, and all eyes, ears, noses, and thumbs are at the ready to execute trades before, during, and after the event. A year has passed since the last...

by Eli WrightThe FOMC opens their two-day meeting this morning, ahead of tomorrow’s interest rate decision and the expected rate increase. It’s difficult to predict what markets will do in...

Ahead of the HerdAs a general rule, the most successful man in life is the man who has the best information. Infrastructure is the physical systems – the roads, power transmission lines and...

EUR/JPYToday’s support: - 121.95, 121.67 and 121.47 (main), where correction is possible. Break would give 121.28, where correction also may be. Then follows 121.16. Break of the latter would...

Fed meeting begins todayThe Fed will begin its two day meeting later today and markets are settling in to watch and wait what policy mix should emerge. As has been the case for the past few months,...

The financial markets turned mixed as traders getting cautious ahead of FOMC rate decision. There are also talks that hedge funds are lightening up positions ahead of year end holidays. DJIA closed...