Market Overview

Fall is now officially here. If you want to know the reasons why the markets were so volatile last week, get out a notebook and get comfortable, because going through the entire list of suggestions is...

After the run-up that China's Shanghai Index has had since July of this year, this index may be on the verge of either a sizable decline or a somewhat volatile, and possibly lengthy, consolidation...

After making bull market highs last week, equities lost 1% this week, led by small caps (RUT) which shed another 2.4%. With RUT now down 8% from its July high and under its 200-dma, investors are...

It was a volatile and rough week for stocks, during which I did a technical review of the major markets globally, noting a rising level of deterioration in prices. As I noted:“However, since the...

Market Drivers for September 26 2014USD/JPY retakes 109.00Aso – no decision on sales tax until end of 2014Nikkei -0.88% Europe -0.04%Crude Oil $92/bblGold $1224/oz.Europe and Asia:EUR GFK...

Gold prices headed for the first weekly gain in September as demand in higher-yielding assets waned.Gold is up around 0.8% this week, after falling to $1,208.40 on September 22, the lowest since...

Earlier today I posted an update on the September Advance Report on August Durable Goods New Orders. This Census Bureau series dates from 1992 and is not adjusted for either population growth or...

The September Advance Report on August Durable Goods was released this morning by the Census Bureau. Here is the Bureau's summary on new orders: New orders for manufactured durable goods in August...

The US dollar is extending its recent gains. There does not appear to a new driver. Rather the momentum, without meeting official resistance, is encouraging piling on. Australian and New Zealand...

The Russell 2000 small cap index (ARCA:IWM) has been a perennial laggard during much of 2014 and is now on the verge of a highly significant breakdown: A classic complex head-and- shoulders top has...

On Thursday, September 25, Derek Jeter was set to take the field at Yankee Stadium for the last time.  A winner of five World Series and selected to the All-Star team fourteen times, he will be...

Market Drivers September 25, 2014 Euro hits 22-month lows Wheeler threatens intervention sending kiwi below 8000 Nikkei 1.28% Europe 0.33% Oil $91/bbl Gold $1210/oz. North AmericaUSD Weekly jobless...

The NYSE Composite's supply and demand continues to battle at 8/19 gap (chart 1). Although price smashed through this support zone with force (broke the ice), it attempted to rally above it yesterday....

EU money supply update to be analysed for guidance on QE Reversal of fortune expected for US durable goods after July's surge US jobless claims projected to rise after last week's sharp...