Market Forecast

First chance dip to buy if you are a believer $Study

January 11, 2012
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First chance dip to buy if you are a believer $Study

Around the Globe Asia – CLOSED Shanghai (China) -0.42% Hang Seng (Hong Kong) +0.78% Nikkei (Japan)+0.30% Europe as of 7:15am EDT DAX (Germany) -0.80% FTSE (UK) -0.79% Not a lot of news over night.  UK trade balance was a disappointment  along with Euro GDP.  Mortgage apps this am where decent in the USA.  Beige...
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Wafting patiently for 1300 $ES_F $study

January 10, 2012
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Wafting patiently for 1300 $ES_F $study

  Around the Globe Asia - Trifecta Shanghai (China) +2.69% Hang Seng (Hong Kong) +0.73% Nikkei (Japan)+0.38% Europe as of 6:40am EDT DAX (Germany) +2.49% FTSE (UK) +1.13% Great news out of China in an upside surprise.  Markets are buoyed.  Light on USA news today. Quote of the day: When they discover the center...
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Russell needs to get a move on $study

January 9, 2012
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Russell needs to get a move on $study

Around the Globe Asia – CLOSED Shanghai (China) +2.89% Hang Seng (Hong Kong) +1.47% Nikkei (Japan)-1.16% Europe as of 6:51am EDT DAX (Germany) -0.19% FTSE (UK) -0.11% Not a heck of a lot of eco news on Monday.  Nice German trade balance, bad industrial production number.  3pm EST the US has its only scheduled...
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Looking for 1288 $ES_F today $study

January 6, 2012
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Looking for 1288 $ES_F today $study

Around the Globe Asia – CLOSED Shanghai (China) +0.70% Hang Seng (Hong Kong) -1.17% Nikkei (Japan)-1.16% Europe as of 6:40am EDT DAX (Germany) +0.15% FTSE (UK) +0.37% Quote of the day: I am at two with nature. – Woody Allen   Current Allocations:   Performance so far this month: Breadth:   Bullish breadth.  Someone...
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Consolidation from Tuesday continues, bulls need to break above the Pivot area around 1270.25 $ES_F $study

January 5, 2012
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Consolidation from Tuesday continues, bulls need to break above the Pivot area around 1270.25 $ES_F $study

Around the Globe Asia – CLOSED Shanghai (China) -0.97% Hang Seng (Hong Kong) +0.46% Nikkei (Japan)-0.83% Europe as of 6:40am EDT DAX (Germany) -1.13% FTSE (UK) -0.93% Mixed news out of Europe today, terrible retail number from Germany, decent number from the UK on Services PMI. Back and forth.   In the USA a...
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Looking for 1300 $ES_F to short,or 2% pullback to buy $study

January 4, 2012
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Looking for 1300 $ES_F to short,or 2% pullback to buy $study

Around the Globe Asia – CLOSED Shanghai (China) -1.37% Hang Seng (Hong Kong) -0.80% Nikkei (Japan)+1.24% Europe as of 6:37am EDT DAX (Germany) -0.76% FTSE (UK) -0.04% Some profit given back around the world.  In general the ECO news out of Europe continues to improve.  In the USA, factory orders at 10am bear watching....
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If cash follows and gap holds, uptrend resumption is in the cards $study

January 3, 2012
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If cash follows and gap holds, uptrend resumption is in the cards $study

Around the Globe Asia – CLOSED Shanghai (China) Closed Hang Seng (Hong Kong) +2.40% Nikkei (Japan)Closed Europe as of 6:57am EDT DAX (Germany) +1.11% FTSE (UK) +1.32% What a difference a year makes!  All the Euro zone news was quite bullish today.  The USA news is 10am EST centric with the ISM data the...
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A day that won’t most likely count.. looking for upside to 1270 area $study

December 30, 2011
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A day that won’t most likely count.. looking for upside to 1270 area $study

Around the Globe Asia - Shanghai (China) +1.19% Hang Seng (Hong Kong) +0.20% Nikkei (Japan)- Closed Europe as of 6:35am EDT DAX (Germany) +0.17% FTSE (UK) -0.40% Quote of the day: Love is the difficult realization that something other than oneself is real. – Iris Murdoch   Current Allocations:  Breadth:   Bulls did a...
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Watching for an inside day today.. breakouts either way set the trend $study

December 29, 2011
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Watching for an inside day today.. breakouts either way set the trend $study

Around the Globe Asia – CLOSED Shanghai (China) +0.16% Hang Seng (Hong Kong) -0.65% Nikkei (Japan)-0.29% Europe as of 8:47am EDT DAX (Germany) +0.41% FTSE (UK) +0.25% Quote of the day: I finally figured out the only reason to be alive is to enjoy it. – Rita Mae Brown   Current Allocations:  Breadth:  ...
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Short post today.. Watch out for a grinding upside short cover into the year end $study

December 28, 2011
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Short post today.. Watch out for a grinding upside short cover into the year end $study

This is an abbreviated post today.  We had and apocalyptic night last night with a high wind costal storm that saw the storm door ripped off your neighbors house and what we thought was lightening was power lines running along the coast snapping from the wind.  So between the flashes, generators, computer alarms and...
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