Market Overview

Here is a summary of the four market valuation indicators I updated at the beginning of the month. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as...

The cautious market tone seen at the start of 2015 has gotten even more cautious this week as key technical support levels have broken in a wide array of instruments. West Texas Intermediate broke...

Trendline support from August 2013 is now being broken, and with negative divergence also unwinding on the falling RSI, expectations are for weakness to continue into February. Focus is turning to the...

The euro was under pressure again today, making fresh lows at 1.1848 as traders prepared for the eurozone preliminary CPI data for December. Year-on-year inflation in the single currency area could...

After having risen by 13% in 2014, the USD Dollar Index (DXY) is forecasted to increase by only 3.5% in 2015, according to a Bloomberg survey unveiled this morning that polled a dozen analysts.•...

Please note that this post is a little outdated due to the recent holiday break. Usually I try to update trades opened within 24 hours of execution, but in recent times I haven't been anywhere near...

Sharply lower oil prices have occasioned a huge discussion about their impact. We see it play out daily in newspapers, on TV and radio, at websites, on blogs, and in market letters. The range of...

Stocks were hit by selling pressure on Monday as the S&P 500 declined 1.83% and the Dow 30 shed 1.86%. The energy sector bore the brunt of the selling with the NYSE Oil Index declining 4.61%....

Sam Ro at Business Insider recently posted "The Most Bullish Chart Your See Has A Big Stock Market Crash In The Middle Of It" in which he makes a very interesting statement: "More and more Wall Street...

On the back of growth in tax revenue amid improvement in corporate profits, the deficit in Japan’s primary balance is expected to shrink to around ¥14 trillion in fiscal 2015 starting April...

2014 was a year of posturing. The U.S. "postured" by trying to lure Mr. Putin and Russia into a war. First it was over Syria and then later over Ukraine. The Russians postured by not taking the bait...

The euro began the first full trading week of 2015 by breaking below the $1.20 level for the first time in four years to end up hitting a nine-year low of $1.1864. The latest reasons for the renewed...

Private nonfarm payrolls in the US are projected to increase by 213,000 (seasonally adjusted) in tomorrow’s December update of the ADP Employment Report, based on The Capital Spectator’s...

Since the financial crisis central banks in developed nations increased their balance sheets. The leading one was the American Federal Reserve that increased the monetary base (“narrow...