Wed 13th Aug FX moves were minimal overnight in spite of some very weak European Economic sentiment data. US stocks chopped a bit lower in thin trade with continuing concern about the situations in both the Ukraine and Iraq and with no positive news to buoy risk appetite. There is a lot of high impact news […]

Fri 1st Aug (5.40 pm) There were significant losses across US stocks last night but I want to put these moves into greater perspective. There was a warning even before last night’s carnage with one of the ‘bellwether’ stocks, UPS, falling below a weekly support trend line. The week has still not closed for this […]

Wed 30th July This article is a follow up article to one posted back on July 6th 2014. The earlier article dealt with the coincidence of identical bullish targets on both the S&P500 and DJIA being derived from two completely different calculations.

Tue 29th July It’s a big week ​for the USD this week with FOMC and NFP but, for now at least, Gold is holding it above the $1,300 level.

Sat 26th July Amid all of the global uncertainty over the last few weeks Aussie stocks have managed to carve out a significant bullish weekly close. Three key Aussie stock indices have made bullish new highs on closing for last week.