Non event in the markets today but it does feel like markets are taking a breath for a big move…I am just torn on what direction. As trades develop I will try to keep you informed. Crude will... read more »

We will be watching our position in Germany (EWG) closely over the next few days. The chart below shows the German DAX’s performance relative to the S&P 500. Note when RSI (top) reaches... read more »

The bottom line is — the market remains in shape. There are few areas, not so good. Plenty of stocks that are not in good shape. But the things that are working, are working fine. I just have to... read more »

With US Equity Indexes challenging and breaking to new recovery highs, it can be helpful to take a moment to raise your perspective to the monthly chart frame. Let’s take a quick look at the... read more »

Currencies and equities performed extremely well on Tuesday, with the EUR/USD rising to its highest level since December. The S&P 500 also hit an 8 month high but the performance of technology... read more »

Job openings in the U.S. rose to 3.4 million on the last business day of December, up from 3.1 million a month earlier, the Labor Department reports. “Although the number of job openings remained... read more »

Metals, stocks and even foreign currencies continue to build on strength as 2012 has virtually been a one way trade…will this continue? Crude oil erased the previous week’s losses adding... read more »

There’s been a great deal of discussion about the NASDAQ’s ability to log an 11-year high this past week. What hasn’t been mentioned, however, is that the tech-heavy composite remains 42.5%... read more »

Charles Schwab, the founder and Chairman of Charles Schwab Corporation did an op-ed in the Wall Street Journal and it was one of the best ones I’ve read in a very long time. Everything he said is... read more »

Gold’s rally looks like it may be ready to take a breather, which may coincide with a period of “risk off” beginning relatively soon. Note price action after the orange arrows.  read more »