Financial Markets

Financial Markets

Banks & Anti-Bank

Here is the Bank index, still holding support.  While it looks like it could be making an extended top, the BKX is still above the first support level. Pigs and…

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April 7, 2015
Financial Markets

Euro Area PMI’s Continue Upward

The European 'me too' play to the US' previous QE operations is working like a charm as manufacturing purchasing managers continue to buy at an increasing pace.  PMI has increased…

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March 24, 2015
Financial Markets

US Dollar Correction, Daily Chart Updated

Here we have Uncle Buck, fallen out of bed and trying to right himself.  Support is noted, first at a trend line and then stronger support at a lateral cluster. …

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March 23, 2015
Financial Markets

2 Horesmen

The Gold-Silver ratio and USD (GLD-SLV, UUP) are still in bullish trends, which means the case for a decline in market liquidity is still in play.

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November 12, 2014
Financial Markets

2 Horsemen Up Again

The gold-silver ratio and USD are both up this morning.  This is punishing to many items including of course, the precious metals.  Judging by my screen, it is also pressuring…

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November 5, 2014
Financial Markets

Biiwii Figuring it Out

So I am not even 3 days into the separation of commentary and hard analysis, but I think that it is going to work much better than anticipated.  Biiwii seems…

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October 30, 2014
Financial Markets

2 Horsemen Ride

The Gold-Silver ratio and the US dollar are rising (GSR at new highs) and taking liquidity out of the market.  This as the precious metals, sometimes the earliest of indicators…

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October 30, 2014