Are You Making Too Much Money?
Cramer explains how rallies will let you know. Original Source >>>
Cramer explains how rallies will let you know. Original Source >>>
When most stocks are flying high, make yours prove their worth. Original Source >>>
It isn’t all about up, up, up, Cramer says. Original Source >>>
More weak housing data just added more fuel to the bearish fire and selling volume surged. Telecoms continue to appear on the bullish reversal list, but as futures show this morning, until we see some bullish news on economic data and earnings forecasts, the pall on the market will continue to pressure rallies. All momentum [...]
Though volume was moderate, the NASDAQ did pick up in volume according to IBD data yesterday. The other interesting data point is that monthly momentum has reversed to the upside, though it is only 3 days into the month as far as data calculation goes. We are at pivotal points in market action, and we [...]
Dow down 39 yesterday. Gold plus $2. And the noose tightens on Bernanke’s neck. As of this writing, Wall Street is still in bull mode. Can you make money by joining it? Maybe. Is it worth it? Probably not. If you do decide to play the game…just be sure you remember what game you’re playing. [...]
I’ve been pointing out for quite a few weeks during any rallies in the market that… Source
Cramer explains how rallies will let you know. Original Source >>>
It isn’t all about up, up, up, Cramer says. Original Source >>>
When most stocks are flying high, make yours prove their worth. Original Source >>>
Don’t trust a move higher, Cramer says, until these six problems are solved. Original Source >>>
EUR/USD There was still interest in Euro selling on rallies and the currency… Source
We’ve seen an almost complete reversal of market momentum, with the ‘deflation trade’ of late 2008 once again growing popular: Thing is, moves to the downside often unfold five or 10 times faster than rallies – a sign that there’s little desire to buy into weakness. The decline in risky assets has been violent. Treasury [...]
It’s time for a second wave of deflation according to Robert Prechter, author of Conquer the Crash. He believes that yesterday’s selloff is a sign that we’re in for a week or two of more “pretty serious selling.” From TechTicker: “The global selloff in stocks accelerated Thursday, sending the Dow down 3.6% to 10,068 while [...]
Front and center this morning, we have the euro’s rise yesterday, and gold’s awful performance… Let’s go to the euro’s rise first… The euro (EUR) did a little magic act yesterday, defying gravity, by rising versus the dollar during the day, while every other currency not called US dollars, Japanese yen (JPY), or Chinese renminbi [...]
Last week, I advised that the unusual rallies in the dollar and gold this year may be a warning sign that deflationary winds are starting to blow harder… Source
Front and center this morning, we’re seeing some really big moves by the currencies, up and down… The euro (EUR) has gapped all the way to 1.3094, and then gapped back down to just over 1.30… But still, doesn’t that 1.30 look much better compared to last week, when we actually saw a 1.25 handle [...]
U.S. equity markets continue to trudge slightly higher on mixed volume, but sector reversals are still dwindling which makes one a little concerned about the continues strength of this secular rally. Regardless, one has to stay with the general trend. One factor of note is that most of the bullish reversals in ETFs were into [...]
You may have been hearing commentaries about the “unprecedented” rally we’re experiencing that doesn’t seem to want to peak any time soon… Source
Last week, I wrote that shorting AUD/NZD is my favorite trade. At that time, I said that if the currency pair rallies back above 1.31, then the uptrend has resumed and my call is wrong… Source