Wednesday, June 25, 2014

NYSE: Key Reversal as New Highs scored & then........................

NYSE Daily Chart @ Close 06/24/2014
OUTSIDE DOWN KEY REVERSAL Day does have previous form in March & April with further 2% losses to follow.
Whether THIS signals that 'something more sinister' & meaningful; only time will tell.

Wednesday, June 18, 2014

S&P500: Upwards & Onwards OR something more sinister?

S&P500 Daily Chart @ Close 06/17/2014
3 days Down & now 3 Days Up but still well shy (50% retrace) of the Record Highs from a Short- Term Tactical Trading perspective: so what's it going to be?
By Friday's Close we should know.

Tuesday, June 3, 2014

A search for Yield or sheer folly?

JPM EMBI ETF: Daily Chart @ Close 06/02/2014
In a world devoid of Inflation & Yield amid Zero Interest Rate policies; the Emerging Market 'space' is being 'mined' in that search for Yield & ROE.
Smart Move or Sheer Folly?