United States Oil ETF (USO) Short Covering Rally Continues
Friday's 8 percent rally in oil prices was an exhibit in short covering. The rally only amounted to a few bucks higher in Crude...
Crude Oil: Could This Lonely White Candle Trigger A Rally?
No introduction necessary. Crude Oil has traded like death for several months, laying claim to several trading victims who tried to pick up a...
FX Market Update Heading Into The FOMC Statement
Good morning traders. Anticipation of today's FOMC statement will keep markets subdued until 2 PM EST but I suspect, given the nature of the current...
Greek Elections Renew Bankruptcy Fears: Markets On Edge
The markets had eyed the Greek elections for some time. And no doubt, concerns about Greece and their commitment to the European Union have added weight...
Will Central Bank Policies Lead Investors To The Punch Bowl… Again?
Central Bank intervention works and sometimes it works a little too well. However, what happens when Central Bank policies fail to generate growth? Japan is the...
Silver Prices Nearing Major Technical Resistance Into $19
Silver prices have enjoyed a nice rally in the early going of 2015, reaching up as high as $18.50 per ounce. The recent thrust...
Making Sense Of Today’s Market Risks
There have been several events that have occurred in the last days and weeks that, in my opinion, signify that the inherent market risks...
Corn Prices Stabilize After USDA Report, Eye Support
After a strong multi-month late year rally above 4 dollars per bushel, Corn prices have spent much of the early going in 2015 in...
Chart: The US Dollar Index Is At Critical Juncture
The US Dollar Index has been chugging higher for 7 straight months. And each time it looks ready to pullback, it recharges its engine and...
Bank Earnings Hit Bank Index As 6 Year Trend Line Falls
Several bank stocks reported sub-par earnings, boosting fears tied to the Swiss National Bank news. All in all, the banks endured another rough week,...
