Its another week to chalk up as a convincing win for the bulls. At this point, I'm not looking to load up on short positions of any kind. It's ok to day-trade them where the opportunity exists, but beyond that, I'll leave the overnight short plays to someone else to try. I do however see
From Jim Rogers' Blog: January 19, 2012 Watch Out For 2013 There are 40 elections in 2012. Everybody is going to do their best to get us through the election. Watch out for 2013. - in Economic Times  I came across this today, and wanted to share it. I agree with it, although I
There hasn’t been much of a change in this week’s SPRI. However, there have been some fundamental changes in the price action on the weekly S&P, where we are now seeing a breakout from the bearish wedge that was highlighted before. It’s hard to really gauge the strength of this market though. On one hand,
It's been a couple of weeks since I last posted the SPRI, and instead of waiting until the weekend, which is when I usually post it, I figured I'd do it mid-week here. While things are looking awfully bullish to start the year out, Â we are nonetheless, starting to show signs of being overheated. Combined
There has been a lot big things that has taken place within the SharePlanner Trading Network over the past year, and I figured I'd take a moment to highlight those articles and features that rolled out in 2011. And if you thought we did a lot in 2011, just wait until you see what 2012
Oil is up 9.1% Year-to-date, as shown on the first graph below (courtesy of www.Stockcharts.com). The second Year-to-date graph below shows that Oil is at resistance, while Gold is just above support, and Copper is in in a triangle formation in between support and resistance.
Another time-out from my mini-holiday to slip this in:Data released pre-market today showed a drop in European Money Supply, as shown on the graph below (courtesy of www.forexfactory.com). As can be seen, the total quantity of domestic currency in circulation and deposited in banks is still well below the levels seen from 2000 to 2009...not
A quick time-out from my mini-holiday to report this…Data released today showed a further drop in the Swiss economy, as shown on the graph below (courtesy of www.forexfactory.com). It’s a combined reading of 12 economic indicators related to banking confidence, production, new orders, consumer confidence, and housing. It’s designed to predict the direction of the
Economic Reports Due out (Times are EST): No Major Economic Data Premarket Update (Updated 8am eastern): Futures are positive this morning European markets are mixed with Britian up 0.63%, Germany down 0.02%, and France up 0.51% Asian markets are also mixed with China up 0.19%, Japan down 0.20%, and Hong Kong down 0.59% Commodities Precious
Economic Reports Due out (Times are EST): Case-Shiller Index due at 9:00am ET Consumer Confidence Index and Richmond Fed Index to report at 10:00am ET Dallas Fed Manufacturing Index is due at 10:30am ET Premarket Update (Updated 8am eastern): Futures are slightly negative to start the morning off Europe has been trading higher putting in