Aug 31, 2010
On this last day of August, the euro dropped to a new historical low (EUR/CHF ±1.295) related to the Swiss franc. We could ask ourselves what could this tell us about the euro and its implications?
I ve thought, as we are closing in on the end of this summer in the...
Aug 25, 2010
Last week, I told you that the Hindenburg Omen (H.O.) is considered as confirmed if a second (or more) Hindenburg Omen signal occurs during a 36-day period from the first signal, which appeared on Aug. 12.
The Hindenburg Omen is a technical indicator that foreshadows...
Aug 16, 2010
Maybe it s only just a coincidence but the Hindenburg Omen appeared for the first time this year on Thursday when a confluence of well-defined data occurred in the numbers of the New York Stock Exchange.
The Hindenburg Omen is a technical indicator that foreshadows...
Aug 13, 2010
Less than three weeks after passing Europe's bank stress test, the Irish banking sector shows serious problems once again.
The European Commission was obliged to give an additional 10 billion euros ($13 billion) in capital for state-owned Anglo Irish Bank, on top of the...
Aug 10, 2010
Could it be argued that the president of the Federal Reserve Bank of St. Louis, James Bullard, and his Japanese-style outcome comments (which came out just one week after the Fed Chairman Ben Bernanke s allusion to unusual uncertainty ) have unduly influenced expectations...
Aug 6, 2010
At the end of last week, I said I couldn t rule out the euro rising to the 1.3126-1.3144-1.3240 zone, and in case that happened, shorting the euro further could become more and more interesting.
Now that the euro has risen to the upper level of that zone, I thought it...
Jul 29, 2010
After Federal Reserve Chairman Ben Bernanke said last week that the prospects for the United States were unusually uncertain, California Governor Arnold Schwarzenegger yesterday declared a state of emergency in an attempt to tackle the terrifying threat of a $19 billion...
Jul 21, 2010
While most investor attention will be focused on what Federal Reserve Chairman Ben Bernanke is going to say when he presents the central bank s semiannual report on monetary policy to Congress and what will (and won t) come out of the 91 European bank stress tests,it s also...