Topic: Market Outlook

These support levels provide points where investors are ready to take action. This is potential bargain hunting territory.   Read More

A basic knowledge of technical analysis and charting is essential for trading success, particularly in these market conditions as indexes show signs of weakness.    Read More

Recent volatility serves as yet another reminder that markets cannot be divorced from developments in the global economy — and especially at a time when the 17-member construct of the European monetary union is being increasingly questioned on account of what is happening in Greece.   Read More

The chart of the Visa stock price points the way to the future intentions of the U.S. consumer and they are bullish. This suggests that the Dow will recover momentum.   Read More

Sunday’s elections in Europe occurred in three countries with diverse economic circumstances, and they were for different parts of government (presidential, regional, and parliamentary respectively). Yet the common message from the electorate is undeniable, reminiscent of a famous line in the 1976 movie Network: “I'm as mad as hell, and I'm not going to take this anymore!”    Read More

The two notch debt credit trading downgrade for Spain by S&P, confirmation of continued European growth problems and poor job numbers in the U.S. have not been enough to create a downtrend in the oil price. Chart analysis shows $125 as the next target.   Read More

There are bullish factors for gold like a weakening dollar and U.S. stocks, but there are also important resistance features limiting the upside to $1,800/oz.   Read More

The euro has the potential to fall much lower against the dollar, but investors will be looking for solid support at $1.24, according to chart analysis.   Read More

The ability of the dollar-yen to continue a strong and sustainable rally is limited. A break above 84 yen has limited upside targets.   Read More

This week's market action serves as a vivid reminder of how dependent valuations are on central bank policies, and especially the aggressive provision of liquidity by the Federal Reserve and the European Central Bank.   Read More