Weekly Chart Review
President Obama may not like "austerity" but the currency market doesn't seem upset. The British Pound looks like it may have made at least a temporary bottom. The Canadians are hosting the G-20...
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The dollar index appears to have failed in its attempt to break above the 50 day MA. I fully expect to revisit the all time lows of 2008 before this is all over. Stagflation anyone? Dollar? Who care?...
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Aussie Dollar is trying to break out. The Aussie and Canadian dollars tend to lead commodity prices. The Loonie doesn't look as good technically as the Aussie but my guess is that it will play catch...
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Emerging market currencies are breaking out. Why are emerging market currencies breaking out? Because commodities are breaking out. Which is also why the Aussie dollar has broken out. And why the...
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The DJ-AIG commodity index etf (DJP) ran into resistance late in the week, but the uptrend is intact. I would be a buyer of pullbacks. The rally in Asian real estate stocks continues. With the Fed...
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A lot of the emerging market currencies, like the Brazilian Real, corrected over the last week or so. If the uptrend is to be extended this looks like a good place for it to resume. Gold stocks have...
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