Here is the opening statement from the Department of Labor: In the week ending December 2, the advance figure for seasonally adjusted initial claims was 236,000, a decrease of 2,00...
In this week’s AAII sentiment survey, bulls remained out of the majority once again extending the record to 153 straight weeks. This week’s survey showed little change in optim...
The Pound Sterling remained close to an 8-day low as FX traders monitor the latest Brexit related developments. Analysts say that it will be Brexit news which will drive Sterling s...
Briefly: Intraday trade: Our Wednesday’s intraday trading outlook was neutral. It proved accurate because the S&P 500 was unchanged following neutral opening of the tradi...
Silver is in a trendless state since it peaked in the summer of ’16. It retraced right after, and has been consolidating in a range between $14 and $18. That said, what is our s...
There is no place like home for the holiday! And based on the build in gasoline supply it looks like on Thanksgiving a lot of people did not leave home. I am just partly kidding bu...
“We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh. OPEC ended month...
GBP/USD 4 hour The GBP/USD is building a bearish correction which is probably part of a larger a wave 4 (brown). The 38.2% and 50% Fib levels are expected to act as support, but th...
Once again weakness in the US carried through to Asia with stocks unable to hold any National-Team-inspired gains, but it was the contagion to commodities that was most notable (...