Friday, April 22, 2011

DailyMarkets.com - Financial Media Can’t Admit It’s A Bull Market

DailyMarkets.com - Financial Media Can’t Admit It’s A Bull Market


Financial Media Can’t Admit It’s A Bull Market

Posted: 22 Apr 2011 07:50 AM PDT

What do you call a 12-year trend that has appreciated each and every year?

Its a bull market but apparently not if its Gold. In that case, its the "gold trade" or the "gold rally."

Reporters and journalists refer to the bull market in Gold as a rally. A rally indicates a revival or renewal of some sort. It implies weakness was in the rear-view mirror. Gold's run could be termed a rally until 2005. A year later, Gold was closing in on the 1980 high and the bull market was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: AUDCAD Looks To Break

Posted: 22 Apr 2011 07:12 AM PDT

The AUD dollar has been bid as interest rates have increased and growth from selling of commodities has been brisk – especially to China and other emerging economies.
The CAD dollar has also been a strong currency as they benefit from higher oil prices, less banking woes and the potential for a rebounding US economy – the largest importer of Canada goods.
When you have two strong economies, who wins? In the case of the AUDCAD, the pair has been moving back and forth over the last 7-8 months. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Notes: Consolidation Setups Heading Into Easter Break (EUR/USD, GBP/USD, EUR/JPY, GBP/JPY)

Posted: 22 Apr 2011 07:07 AM PDT

Forex Notes
April 22 2011 – Consolidation Setups Heading into Easter Break (EUR/USD, GBP/USD, EUR/JPY, GBP/JPY)
Simple Moving Average(SMA) 200-period (bold, gray)
RSI-14 with Simple Moving Average 5-period of RSI attached.
Fibonacci Study
Elliott Wave Principles
Market and Price Action (patterns, candlesticks)
Intraday pivots and Intermediate-term support and resistance
Multiple Time-frame Analysis
The market can be expected to ease into the Easter break with consolidation patterns. EUR/USD … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Sense On Cents Central Station

Posted: 22 Apr 2011 06:14 AM PDT

A few years back when I had just launched Sense on Cents, I would host formal weekly exchanges with readers. This forum, entitled Sense on Cents Central Station, allowed readers an opportunity to ask questions, make comments, or shout from the mountaintop (how many currently feel like saying, "I'm pissed and I'm not going to take it anymore!!" More than a few I'll bet.). Are there specific financial or economic topics you would like me to address now? Ask away.
Given all that is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


“Some Of The Risks Have Been Overstated”

Posted: 22 Apr 2011 06:00 AM PDT

04/22/11 Steven Major, Global Head of Fixed Income Research for HSBC, discusses his sanguine thoughts concerning the S&P lowering its outlook on US long-term sovreign … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Oil: Update

Posted: 21 Apr 2011 07:59 AM PDT

It has been over 3 months since I identified the potential for a “very strong move” in crude oil.  Absurdly low interest rates and geopolitical unrest are the likely culprits, and the last time I looked, these issues remain with us.  In addition, the technicals, which we will review in this article, remain very constructive.

Figure 1 is a monthly chart of West Texas Crude, cash data.  Prices remain within a well described up channel.  $120 seems like a reasonable price … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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