Most of the major European indexes closed modestly higher yesterday, the first day of a week that includes a highly anticipated EU summit, and a day after Gavyn Davies featured a sobering chart in his...
Last week, I wrote to expect a short-term rally, which was a tactical trading call (see The "Merde" rally?) but I wasn't convinced that any rally would be the start of an intermediate term move upward...
Equity markets in Europe and Asia are pushing higher, encouraged in large part by the latest upside surprise in manufacturing data out of China and the US. Futures in the Euro Stoxx 50 are suggesting ...
The Eurozone markets read the political tea leaves and didn't like what they saw. The EURO STOXX 50 dropped 2.87% yesterday. The S&P 500 initially followed suit, plummeting at the open and ...
Now that we are nearly at support on the Spanish IBEX 35 Index, my inner trader tells me it's too early to be buying. We need to wait for more pain and panic to materialize. My inner investor says ...
The VIX has spent two weeks above its10-week moving average at 16.80. It appears to be building a base from which to rally, strikingly similar to July 2011, just before it went parabolic. It is due ...
Equity markets have been rather active over the past sessions. Further eurozone troubles have absolutely crushed the Spanish and Italian markets. Both these markets are now at our projected short term...
An unexpected increase in American jobless claims was not enough to dampen market optimism as speculation rose that the Federal Reserve and the Bank of Japan will move to stimulate growth. Comments by...
European stocks were down once again yesterday, with the Euro STOXX 50 index having fallen in 7 of the past nine sessions and not far off being flat for the year. The Nikkei has also sold off for the ...
Asia-PacificAsian stocks slumped for a fifth day with all major Asian Indices trading down for the day. Nikkei 225 Index is down over 1 percent after the Bank of Japan decided not to add to its ...