Global Indexes Approaching Major Resistance
Broad global indexes are bumping up against logical downtrend resistance. As a result, our outlook remains cautious and our baseline expectation...
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Bearish U.S. Outlook Intact
Wednesday's rally in U.S. equities was likely nothing more than a brief bear market rally, as confirmed by Thursday's sell-off. All the major...
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S&P 500 Revisiting 2,600 Support
The S&P 500 was not able to break through the 2,817 and 100-day moving average resistance levels last week, and has now fallen abruptly back to...
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10yr Pain Trade - Yields to Plunge to 2.40%
Yield peak touted near 3.26% and move back below 3% shows increasing risk of a downside surprise that will catch the market off guard.Short...
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FX During a Trade Truce
Over past couple day the USD dollar index has dropped a little bit, but the CNY has strengthened enormously. We are taking a look at FX results...
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