The market currently has a mixed profile; the bears have control of the daily trend, but the bulls have not given up the weekly trend. The well-documented fears of Fed tapering are undoubtedly a significant factor in the market’s mixed picture. Economic reports, including those released early Monday, have added to the confusion among traders and investors.
From a probabilistic perspective, there are numerous ways to differentiate between volatility that should be ignored and volatility that should be respected. One of them is to use weekly moving averages. As long as the market maintains a bullish bias, the volatility is classified as “ignore it”.
Sideways markets happen not because stock market gods play an unkind joke on gullible humans but because of human emotions. Historically, sideways markets have always followed secular bull markets.
After imposing new restrictions on consumer loans raised using gold trust funds and gold coins on Monday, the Reserve Bank of India said Tuesday that it won't seek to stop consumers being able to buy gold coins from commercial banks.
There are a number of interesting observations we can make this month. The first is that whilst the percentage of economies experiencing a single quarters negative growth seems to have subsided from a meteorite rise.
In this partial transcript of Dr. Marc Faber's interview airing Friday, he discusses why central banks should be manipulating the price of gold higher, whether massive retail buying signifies a bottom, the real state of China's economy, and much more.
In this report, I consider the goals and methods of foreign exchange intervention and place today’s policies in their historical context. Also, I examine the evidence of where covert intervention—quite common historically—might possibly be taking place: Perhaps where you would least expect it.
Barry Bannister, Managing Director of Equity Research at Stifel Nicolaus, joins Financial Sense Newshour to discuss whether to “Sell in May and go away” as well as the stark parallels between now and the 1930's.
Money matters — it’s a maxim of Prof. Milton Friedman that I repeat often in my columns. Since the Northern Rock bank run of 2007 — the "opening shot" of the financial crisis — the money supply, broadly measured, in the United States, Great Britain, and the Eurozone has taken a beating.
The elusive bottom in Chinese stocks is becoming more constructive here with a higher low being put in, above the 200-day moving average. MACD signaled a buy in May and is moving into positive trend territory on the daily chart.
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