Color today, sloppy.
Volume is still on the light side as investors may be slow to return to work. Breadth was positive even with negative headline numbers. Part 1 Part 2
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This is a drilldown (pun intended) on the strategy I shared last week that traded the oil sector using a ratio of oil stocks versus oil. As a refresher, the graph below shows the (frictionless)... read more »
Yesterday's sluggish trading was a sign of how this entire year has progressed. The bad news outweighed the good news and with a shortened trading week on tap investors decided vacation sounded like... read more »
This is not just any market. But you already knew that, right?When oil falls on the prospect of throttled-down supply, the world must be topsy-turvy.The Organization of Petroleum Exporting Countries... read more »
This is no way to start the holiday week is it? The only folks pleased by today's action are those driving a Hummer and/or snowmobiling. This type of action is why Chicken Dave still maintains high... read more »
Oil prices are trading at $31 a barrel and in retrospect, it is almost hard to believe that the price of crude was more than $140 a barrel this summer (gasoline prices were greater than $4.00 a... read more »
Here's a snippet from my Daily Currency Focus on GFTforex.com After seeing the US dollar sell off for 5 straight days against the Euro and Japanese Yen, we were not entirely surprised to see today's... read more »
Bulls seemed very confident and their clamor, "the bottom's in" has been hard to miss or avoid. But, like our penguin friend above, bears tripped bulls up today and yesterday. While we may... read more »
Real-time Inflation Indicator (per annum): 9.8% Despite the economic slowdown, there are still some growth businesses. Take manufacturing, for instance. No, not auto or widget making. I'm talking... read more »
Other than the ongoing bond bubble, the abrupt fall in the dollar is other big story now. It seems investors are becoming more yield oriented and with Bucky yielding less with each passing day they... read more »
