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A Closer Look

By |2012-01-16T21:08:56-05:00January 16th, 2012|Currencies, Markets|

This week of trading was once again categorized by low volume and solid technicals. The S&P 500 broke through resistance at the 1290 level and managed to hold the uptrend line, at least temporarily. In the longer-term, the picture is even brighter. The S&P 500 blasted through both the 50-week moving average and its downtrend line. From the looks of [...]

Trend Watcher – Beware the Bond Bubble

By |2012-01-15T12:47:39-05:00January 15th, 2012|Markets|

With the US economy showing decent growth while the rest of the world is showing slow or no growth, currency traders are selling Euros and buying Dollars. As a result, the Euro is trading at intermediate term lows while the Dollar is hitting new highs. In recent months, equities and the dollar have gone from a nearly perfect inverse correlation to having practically [...]

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