Stocks one-way, precious metals t’other. My warnings Tuesday about ‘nothing but air’ underneath the gold and silver markets proved prescient.
Entries Tagged as 'Euro'
October 30th, 2014 · No Comments
October 28th, 2014 · No Comments
With month’s-end nearby, the S&P faces could generate a variety of signal combinations are possible depending on Friday’s close price.
October 26th, 2014 · No Comments
Non equity markets are rolling over again.
October 23rd, 2014 · No Comments
More of the same for stocks, though the metals, euro and oil are all rolling over now.
October 21st, 2014 · No Comments
They are driving this car, not cycles, not seasonals, not your favorite indicator.
October 19th, 2014 · No Comments
Some interesting charts this evening showing relationships between central bank balance sheets, foreign exchange rates, and the S&P 500. click chart to enlarge The Money Printing Pump chart I show frequently does not factor in the Japanese printing. This chart of the ratio of Japanese central bank assets to European central bank assests shows how […]
October 16th, 2014 · No Comments
When the FED is out of bullets to fire, they re-load with words. click chart to enlarge
October 14th, 2014 · No Comments
There’s no change in my outlook. The October lows are not yet in place.