Market Overview

The upper left chart reflects valuations over the past 114-years, created by Doug Short. This chart combines four different ways to look at valuations and then averages them together. At this time the...

We expect today's ECB meeting to be another wait-and-see one without any new easing measures, see ECB Preview: Wait-and-see until June , 5 May 2014. Mario Draghi is expected to continue to sound very...

EUR/USD Today’s support: - 1.3903, 1.3876 and 1.3850(main), where correction is possible. Break would give 1.3809, where correction also may be. Then follows 1.3788. Break of the latter would...

Currencies EUR/USD: The pair is in a process of forming a double top on a 60 minute frame. The next support is at 1.3781 and the next resistance is at 1.40. USD/JPY: The pair has formed an ascending...

US futures and European markets are trading higher this morning by tracking the gains from the Asian markets. Investors are in a bullish mood on the back of the positive data which was released in...

The US economic trend has decelerated to the slowest pace of growth since last September, according to a markets-based profile of macro conditions. The Macro-Markets Risk Index (MMRI) closed at 7.8%...

As can be seen on Dow Jones Industrial chart below, an ascending triangle pattern was rejected at the upper trend line with a subsequent sell-off yesterday. Statistically, a break out of an ascending...

The euro is well bid ahead of the ECB meeting, despite weak German and Spanish industrial production figures and a small increase in Treasury yields, keeping the U.S. 10-Year above 2.6%. Germany...

Asia Roundup: Had it not been for AUD strength then Asia would have witnessed a very narrow ranged day. AUD saw positive employment figures with unemployment down steady at -5.8% vs -5.9% expected...

Sentiment has changed midway through the trading week so I expect risk-on leading us into FridayBelow you may find the video

It’s still earnings season and countless businesses are reporting their financial results.Echoing the strength in the auto manufacturing sector, American Axle & Manufacturing Holdings, Inc....

What Is A Bond Market Vigilante?Before we can move on to a hypothetical example of a difficult period for stock-and-bond-only portfolios, it is important to understand the concept of bond market...

Before we look at some charts, I want to talk about using sell/stops. I personally never use sell/stops as it shows the specialist, the market maker, where all the treasure is buried. They will then...

Saved by the bell - for now, the Nikkei stopped just short of breaking through fragile support ~ 14,000. All things considered, we are looking for the Nikkei's retracement decline to continue and are...