Japanese equity markets showing big signs of strength today following the open, trying to recover from 5 straight losing sessions. US home sales came out a little better than expected today, and the U...
Oct 27, 2008
1 Comment
Staples would love me for putting up this picture.
Looking at price action tonight, we’re seeing a somewhat difficult zone here, particularly on GBP, EUR and CHF that is going to require a b...
Oct 22, 2008
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….for the US dollar, who else? This USD uptrend doesn’t want to give up, and I’ve been playing dollar longs and short term countertrend shorts all week mainly on EUR/USD, GBP/USD and USD/CHF. Pi...
Oct 21, 2008
3 Comments
Nowadays, if you say “please”, chances are someone will give you $150 billion dollars.
World indices are showing sluggish gains tonight but not expecting it to last, or with huge strength. Economi...
Oct 20, 2008
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Optimism floating around the world markets tonight as volatility continues and seeing further bailout signs of hope coming in from other parts of the globe, namely the Netherlands and South Korea. SPX...
Oct 19, 2008
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The stock market rally went as far as the middle of last night, with SPX futures climbing steadily before the sellers came stomping in again. We didn’t even get our shoes on. Yesterday I expe...
Oct 15, 2008
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I really hope you weren’t one of those people that liquidated your retirement account last week.
The picture to the left is a scientific way of explaining what the equity markets did t...
Oct 13, 2008
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Updated at 9:29am EST
Oct 10, 2008
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Oct 09, 2008
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The most notable levels that got hit from yesterday ‘s post were: EUR sell at 1.3735, GBP buy at 1.7270 and CHF buy at 1.1220. If used in good judgment it was a strong day and I’m hearing that ma...
Oct 09, 2008
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Tuesday, October 7, 2008, 1.24 am EST
Recap from yesterday:
We posted a trade yesterday for a GBP long, which got taken out rather quickly on news of the US Fed offering approximately double the amou...
Oct 06, 2008
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Oct 06, 2008
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Monday, 10/6/2008, 2.36am EST
Main points tonight:
-Everyone is running away from risk tonight – UJ and carry pairs falling off the map as the carry trade holding onto little value. Japanese invest...
Oct 05, 2008
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New site, new format tonight. I know you’ll like it better, so here we go:
Main points:
-EUR got slammed yesterday after Trechet said the words “economic growth is slowing” – before that we w...
Oct 02, 2008
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Dollar demand is heavy again tonight driven by climbing Libor rates and optimism concerning the bailout plan (I know, we’re all tired of hearing about it). But mainly, it’s the need for dollar fun...
Oct 02, 2008
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