In today’s FX Hour, we anchored the MonkeyBar levels for December We discussed the bearish moves in the major indexes and the historic connection with bonds and equities. We reviewed the major indexes and currencies to determine our targets through the month of December We discussed the major indexes, currency pairs, commodities and bonds.
In today’s FX Hour, we discussed the first weekly outflow of capital from equities into money markets We discussed equities trading flat for 13 of the past 14 days while volume on bearish days has been rising. We noted that this is the first week in over 2 months outflow of capital has been seen […]
In today’s FX Hour, we discussed rising retail sales and estimated an inflation adjusted retail sales number. We discussed the fact that rising inflation will push retail sales higher as it is calculated on based on change in total retail sales in dollars. We looked at inflation indicators, the U.S. dollar, gold and silver prices […]
In today’s FX Hour, we discussed the current market valuations being 220% of GDP and rising inflation pressures. We discussed the ratios being the highest level in history and the overvaluation is including the higher GDP that has occured with stimulus spending and Fed spending. We discussed PPI and CPI and the bond auction. We […]
In today’s FX Hour, we discussed how we might plan on what the markets will do with a Fed Taper or not. We discussed the current economic conditions and pressures that are influencing the markets and how inflation is rising at 3 times the GDP growth rate. We looked at targets in equities, commodities and, […]
In today’s FX Hour, we discussed equities trading at the 0% Monkeybar level as a potential temporary top. We also discussed the upcoming Advanced Gross Domestic Product (GDP) being reported this week which puts the Federal Reserve in a difficult place. Rising inflation and falling growth could push the market into stagflation. We expect the […]
In today’s FX Hour, we discussed cross pairs and comparing currency strength We discussed how the U.S. dollar can be strong against other currencies while showing weakness against commodities. We showed how to compare different currency pairs and combinations of crosses to determine which currency is the strongest and weakest. We reviewed the major indexes, […]
In today’s FX Hour, we discussed the economic and technical pressure on the economy and equity markets We discussed inflation risk and economic slowdown. We look at our “canary in the coal mine” indicators of Visa, MasterCard, and home builders but we also discussed energy pricing and the declining discretionary income. We looked at the […]
In today’s FX Hour, we discussed the Debt Ceiling and possibility of Debt Default We discussed the risk being priced in to the very short term treasury notes and bills but not as much in the long-term bonds. We discussed the impact to the bonds and the U.S. dollar and discussed the response and reaction […]
In today’s FX Hour, we discussed the markets pricing in future tapering and a potential taper tantrum We reviewed areas where buyers and sellers have changed control and how these levels, along with the MonkeyBar levels are providing us targets for the tapering and where price may bounce. We reviewed the major indexes and currency […]
In today’s FX Hour, we discussed the corrections in U.S. equities We looked at the bearish move in equities and the test of key monkeybar levels in intraday, monthly and annually. We discussed the next target if the moves confirm the breakout below the next key monkeybar levels. We looked at the major indexes, currency […]
In today’s FX Hour, we discussed short term trends and the bearish move in equities. We looked at the bearish move being supported by higher volume and monkeybar levels. We identified targets and expected outcomes with equity indexes, currency pairs, commodities and other instruments. We looked at long-term and short-term trends and long and short-term […]
In today’s FX Hour, reverse Fib fans were demonstrated. We discussed how to identify a trend reversal and how to create targets and a trailing stop. We looked at multiple time frames and multiple instruments. We combined the Monkeybar levels with the reverse Fib fans and demonstrated how to find the confluence of key levels. […]
In today’s FX Hour, we anchored September’s Monkeybar levels. We discussed the major indices and gold prices sitting at the projected fair price for the upcoming month. We looked at the major currency pairs and commodities and discussed market correlations with copper, FCX, FXI as well as oil and the Canadian dollar.