Commodity Prices Look to Confirm
Following up on the global trade warning out of Australia, commodity prices are acting as another corroborating piece of the global slowdown. Typically, copper acts as a decent barometer of global manufacturing activity, earning the nickname Dr. Copper. Copper prices have slumped recently, moving back to the lows of mid-2011 (just before the European re-recession .. read more
Trend Watcher – Beware the Bond Bubble
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 .. read more
Weekly Chart Review
Weekly Chart Review
Weekly Chart Review
Market Week in Review
Another week of depressing economic reports was capped by the report of another 500,000+ jobs loss in December. The stock market fell roughly 5% in its worst weekly performance since November. All in all, not a good week. There were some bright spots in the economic data but overall, there wasn’t much for a bull to .. read more
