Long term market Update

March 13, 2018 3:14 pm / Published in * Randbots.com, * Trade Alert, All Time High, EUR/USD, Europe, NIKKEI, R Option, Rally, Recession, SP500, SPX, Unemployment
The SPX and NDX are showing more strength that I expected last few days. Today, we could end up with a bearish engulfing candle on daily SPX. R Option Model still flat even with the strong price action last week. In a monthly candles we are still below the last month close and high. Also

Short Emerging Markets $EPI $EWW $EWY $VNW $RSX

October 21, 2015 11:46 pm / Published in EPI, EWW, EWY, INDIA, Recession, Research, RSX, VNW
Consider taking profits and short the following: $EPI $EWW $EWY $VNW $RSX Korea, Mexico, Russia, India, Vietnam and Brazil are being downgraded in the short-term.

$Employment – Lower than consensus –

April 1, 2015 9:21 am / Published in EUR/USD, Europe, GOLD, Hedge, Inflation, Middle East, NYSE, Rates, Recession
ADP Employment Data came at 189K vs. 225K consensus. The data is adding to the jitters from Iran nuclear talks, Greece, Nigeria election results, slowing growth in China and the way markets traded yesterday afternoon. The futures fell 1% in minutes.

Dovish FOMC #FED

February 18, 2015 7:10 pm / Published in Market Update, Recession
Losses in energy shares dragged the Dow and S&P 500 lower, while the Nasdaq inched higher. Dovish FOMC minutes pushed Treasuries and gold higher and dollar edged higher against a basket of currencies. Rising inventories cut oil’s rally short.   Data Bellow from Thomson Reuters:

ITALIAN #GDP

August 12, 2014 1:28 am / Published in GDP, Italy, Recession
Italian GDP is contracting more than what I expected: Recession. This will result in a lag for the European recovery.