Market Overview

The Economy Watchers’ sentiment on current conditions was unchanged from the previous month, whereas their outlook was gloomier. The current conditions index may be affected by poor weather....

The USD continued to decline yesterday. It looks like perhaps the US currency’s unprecedented run of uninterrupted gains may be interrupted, at least this week. Even after German industrial...

Air France (PARIS:AIRF) is going to find it difficult to have any love among Bulls but there is plenty of that amid bears. The strikes have taken a big toll and it may have a devastating impact on its...

Global sell off has wrapped traders in its grip and it looks like that we are heading towards the 10% correction for the U.S. markets and for the European markets. Investors are forced to take their...

EUR/USDToday’s support: - 1.2600 and 1.2573(main), where correction is possible. Break would give 1.2549, where correction also may be. Then follows 1.2521. Break of the latter would result in...

UP NEXT:  CAD: Housing Perm its unexpectedly plunged by 27.3% in August so will be interested to see if Housing Starts also mirrors this. Wityh USD/CAD lookig heavy belw resistance then...

Digging further into the new LMCI index, it becomes obvious why the Fed is not publishing the actual level of the index but only the change. On the next page is a chart of a simple cumulation since...

Market movers today The only release of interest will be the minutes from the 16-17 September FOMC meeting . These will cast more light on the decision to keep its 'considerable time' forward...

Monitoring purposes SPX; Sold 9/30/14 at 1972.29= gain .003%; Long SPX on 9/25/14 at 1965.99.Monitoring purposes Gold: Gold ETF (SPDR Gold Trust (ARCA:GLD) long at 173.59 on 9/21/11. Long Term Trend...

The number of US job openings is now running materially above the pre-recession levels. One would think the nation's unemployment rates should be at pre-2008 levels as well. But the decline in...

Over in Europe, one of the worst-performing stock markets is in Germany. The German MSCI is down 15.3% YTD. This reflects the dramatic weakening in Germany’s economy in recent months. The...

Here is a quick update of my portfolio and two new trades. First one is long Japanese Yen or short the USD/JPY exchange rate pair. The second one is short Apple Inc (NASDAQ:AAPL) shares. Let me...

We lived in mid-town Manhattan in the mid-1980’s when the Japanese were actively buying trophy properties. We could look out our 59th story windows and see several iconic New York landmarks that...

World Economic OutlookThe International Monetary Fund (IMF) published its most recent outlook for the global economy Tuesday. While most of the headlines covered the IMF’s relatively tame...