Stocks continue to power higher on the assumption that global growth will accelerate. Rallies in commodities continue to fail on the assumption that global growth will slow. One of them is wrong. Sooner than later all eyes will turn in to China and later into India and Brasil. Those three markets are critical to maintain
Here is some data to carry forward to 2017 with just a few trading hours left this year, The UK Referendum and the US Elections were two events that created  short term spikes in volatility. However, the real impact will be measure in years. GOLD in various currencies (1980 to Nov-end 2016) WORLD Indexes YTD
Oil rally continues as speculation intensified over potential producer action to support prices amid a crude glut, pushing Wall Street to all-time highs. Berkshire boosts bet on Apple Warren Buffett’s Berkshire Hathaway said it has increased its stake in Apple by 55 percent, boosting its bet on the iPhone and iPod maker even as other
China’s pension funds are about to become stock investors. The country’s local retirement savings managers, which have about 2 trillion yuan ($300 billion) for investment, are handing over some of their cash to the National Council for Social Security Fund, which will oversee their investments in securities including equities. The organization will start deploying the
I am looking at an SPX support level of 2,000 (tolerance down to 1,990) as a line in the sand. This level was an important threshold to cross in March and it represents the 38.2% Fibonacci retracement from the February 11 low to the April 20 high. Bull markets frequently perform a 38.20% retracement before