Jan
16
Protected: As Go The Financials: So Goes The Market
There is no excerpt because this is a protected post.
Jan
14
Euro v Yen
Hey Gang, There is a credit unwind that is putting downward pressure on the financial markets. It is referred to as the Yen-carry trade. If you do a search for it, you can find out the details of what is going on with it. My point here is to look at the major support that EUR/JPY currency pair is currently hitting. If the pair breaks support, it will lead to continued selling in global equity markets. If the pair finds support here, there will be a reprive from Yen redemptions […]
Jan
14
Bad Market?
Current Market Conditions and Determining Strategy By: Carl Anderson
Jan
13
50 day MA retests
Hey Gang, We have spoken about the 50-day Moving average alot. This market is battling that average and many individual stocks are playing around the average. A couple weeks ago in the blog on 50-day MAs, we showed how many stocks were breaking above the 50-day MA and explained the bullishness of that action. Many of the stocks that captured the 50-day MA moved higher and recent market activity is creating a buyable pullback. Below are stocks that are retesting the moving average. Buying on successful restests is one of […]