Stocks are trading near major lows. Both DAX and DJ are fairly close to the levels where buying started in July. Therefore, the big question is whether institutional investors see…अधिक पढ़ें

DJ created a lower high yesterday and plummeted after the Fed said it would remain aggressive. According to Powell additional large increases were likely even if the risk of recession…अधिक पढ़ें

Gold traded lower and didn’t really react to the rising triangle low yesterday. As a result, we have a sideways range between 1659 and 1680. The market remains in a…अधिक पढ़ें

My downside target of 30520 was hit yesterday. Then the stocks started rallying in earnest even though the treasury yields are at similar levels to 2011. I said yesterday that…अधिक पढ़ें

Nasdaq and DAX traded lower on Friday as the FedEx warning triggered a fear reaction in investors. The stock (FDX -21.40%) dropped the most ever in one day. The concern…अधिक पढ़ें

Almost a 2% drop in gold overnight is pretty big. This is what we saw yesterday as the bulls decided to throw in the towel and didn’t defend the support…अधिक पढ़ें

Gold – Relative strength in the dollar pushed gold down to 1691 after it failed to break decisively above 1705. This is what I expected yesterday (see here). I trust…अधिक पढ़ें

Massive drops in US equity indices wiped away four days of gains as the US inflation report showed the annual core inflation jumped from 5.9% to 6.3% (6.2% expected). This…अधिक पढ़ें

DAX – Yesterday was another very strong day for the German stock market. Readers might remember me suggesting the market would rally if the ECB hiked by 0.75bp or less.…अधिक पढ़ें

NAS – Nasdaq rallied to my first target level at 12550. I said on Friday I’d look for long trades above 12180 with my T1 at 12550 and T2 at…अधिक पढ़ें