Market Overview

Today's ISM purchasing manager index from the US is today's most important number. I guess this week will see limited interest from market participants and the market year will start in earnest next...

Asian and Pacific Rim market were mixed on the first trading day of 2014. Liquidity levels were low thanks to the holiday period and China’s PMI came in weaker than expected.The first piece of...

The Dow had a strong close last year making new record high at 16575.55 while the S&P 500 also closed at record 1848.36. Meanwhile, it should also be noted that treasury yields in US also made a...

Market Snapshot: After the Fed said it would scale back it's $85bn per month bond purchasing program US growth was revised up from 3.6% to 4.1% for the last quarter, to further validate the Fed's...

The Holidays are a great time to unwind and think about longer term big picture issues. One of the topics that has been much discussed in the blogosphere has been the rising level of income and wealth...

The last update on the 23rd December proved to be pretty accurate with some minor adjustments required in the GBP/USD, AUD/USD and EUR/JPY. From what I have seen of the development in the majors the...

Even though the euro zone has had to confront a lot of issues during the course of this year and some speculations about the possible withdrawal from the euro zone by one or two of its members, the...

Recently, legendary crisis investor Doug Casey and I put our boots to the ground in Cyprus to search the rubble of one of recent history's most significant financial crises—the financial...

Maintaining its 2012 record, Ford Motor Company, (F) expects to retain the tag of the best-selling vehicle brand in U.S. in 2013 as well. The company sold over 2.4 million vehicles this year,...

STOCKS: The world economy is has begun to heal if we look at the PMI figures across the world. However, there remain clear headwinds to the continuation of this healing like, potentially higher...

Hedge funds/tactical strategies will outperform, reminding everyone why they get paid the big bucks. Carl Ichan’s hot streak will come to an end and he will get slapped on the wrist for...

The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through December 17. The 78.1 reading was above the 76.0 forecast of Investing.com and 6.1 above...

Monitoring purposes SPX: Flat. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long-Term Trend monitor purposes: Flat The rally has been going for nearly two weeks and today the...

US DOLLAR TECHNICAL ANALYSIS: Prices rose as expected after putting in a bullish Piercing Line candlestick pattern. A break below support at 10657 – a formerly broken range top...