A number of intertesting developments on this chart in recent days. Here’s what we wrote today: Instead of gapping higher the NASDAQ failed at the previous days high and Marabuzo resistance. Selling down to 2775.25 was seen before a … Continue reading
So goes January, so goes the year, is a phrase often circulated around the market as the big players and fund managers decide how they want to be positioned for the year ahead. January 2012 was an exceptional month distinguished by significant … Continue reading
In Brief: All I keep hearing at the moment is how we will have a 10% correction, so, let’s have a look: The “funnymentalist” community, particularly Stateside, seem pretty happy with the idea that this pullback will be a “normal” … Continue reading
Someone should buy Ben Bernanke and Hank Paulson a pair of super-hero suits, because they’ve come to the rescue again! Back in March (the last time were down at these levels) they stepped in to rescue the markets when they … Continue reading
Another busy week in the markets: Bond markets have pretty much gone one way all week, and it’s been quite tidy, barring the first hour blip in the Eurex Bund Futures on Monday. I have spoken to several traders this … Continue reading