Market Forecast

Bulls need to show there is enough buyers around to keep up appearances.. still watching $ES_F 1225 $Study

December 20, 2011
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Bulls need to show there is enough buyers around to keep up appearances.. still watching $ES_F 1225 $Study

Around the Globe Asia – CLOSED Shanghai (China) -0.10% Hang Seng (Hong Kong) +0.06% Nikkei (Japan)+0.49% Europe as of 7:12am EDT DAX (Germany) +0.70% FTSE (UK) -0.28% . Lots of Green from ECON news on Tuesday.  Sentiment numbers outshine market realities.  In the USA housing week continues with building permits and starts. Quote of...
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Still watching $ES_F 1225, we like the 1203 hold very much $study

December 19, 2011
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Still watching $ES_F 1225, we like the 1203 hold very much $study

Around the Globe Asia - Trifecta Shanghai (China) -0.30% Hang Seng (Hong Kong) -1.18% Nikkei (Japan)-1.26% Europe as of 7:21am EDT DAX (Germany) +1.19% FTSE (UK) +0.28% A throw away day for economic data.  No USA data scheduled. Quote of the day: I love being a writer. What I can’t stand is the paperwork....
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Watch $ES_F 1225 like everyone else. A break would be bullish turn. $study

December 16, 2011
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Watch $ES_F 1225 like everyone else.  A break would be bullish turn.  $study

Around the Globe Asia – Trifecta Shanghai (China) +2.02% Hang Seng (Hong Kong) +1.43% Nikkei (Japan)+0.29% Europe as of 6:43am EDT DAX (Germany) -0.11% FTSE (UK) +0.47%   Lots of fed speak today. Quote of the day: Only dull people are brilliant at breakfast. – Oscar Wilde   Current Allocations:  Breadth:   Chalk up...
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Can the bears break 1203? If they do.. watch out $study

December 15, 2011
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Can the bears break 1203?  If they do.. watch out $study

  Around the Globe Asia – Trifecta Shanghai (China) -2.14% Hang Seng (Hong Kong) -1.78% Nikkei (Japan)-1.66% Europe as of 6:58am EDT DAX (Germany) +0.74% FTSE (UK) +0.46%     Mixed numbers so far today from Europe.  The PMI numbers were largely positive beating expectations and last.  Europe CPI appears contained but the employment...
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Charts looking very bearish, forget the Santa Claus rally, it is going to take a miracle on Wall Street $study

December 14, 2011
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Charts looking very bearish, forget the Santa Claus rally, it is going to take a miracle on Wall Street $study

Around the Globe Asia - Trifecta Shanghai (China) -0.89% Hang Seng (Hong Kong) -0.50% Nikkei (Japan)-0.39% Europe as of 7:25am EDT DAX (Germany) -1.35% FTSE (UK) -0.06% Small miss from Japan, UK looking good, pan-Europe continues to look weak.  Not a lot on the USA agenda to move the markets. Quote of the day:...
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Watching $ES_F 1238 today for the close, above bullish, below bearish $study

December 13, 2011
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Watching $ES_F 1238 today for the close, above bullish, below bearish $study

Around the Globe Asia - Trifecta Shanghai (China) -1.87% Hang Seng (Hong Kong) -0.69% Nikkei (Japan)-1.17% Europe as of 7:24am EDT DAX (Germany) +0.63% FTSE (UK) +0.71% Mostly good news out of Europe today.  A little hot on the inflation retail side in the UK, but overall great news, particularly on the ZEW sentiment...
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Close that gap.. $ES_F H contract 1238 is key today $study

December 12, 2011
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Close that gap.. $ES_F H contract 1238 is key today $study

Around the Globe Asia – CLOSED Shanghai (China) -1.02% Hang Seng (Hong Kong) -0.06% Nikkei (Japan)+1.37% Europe as of 6:53am EDT DAX (Germany) -1.53% FTSE (UK) -0.49% Japan rallied on Monday and there was mixed news out of Germany with a hotter than expected inflation on the wholesale side, but, housing prices continue to...
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TGIF.. News Moves non-stop overnight. Bears have something to prove today.. $ES_F 1228 $study

December 9, 2011
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TGIF.. News Moves non-stop overnight. Bears have something to prove today.. $ES_F 1228  $study

Around the Globe Asia – CLOSED Shanghai (China) -0.62% Hang Seng (Hong Kong) -2.73% Nikkei (Japan)-1.48% Europe as of 7:29am EDT DAX (Germany) +1.95% FTSE (UK) +0.83% Quite a bit of econ data out overnight.  If you blur your eyes, there looks like more green than red.  The most important numbers were the China...
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Contract H, The ZBT needs some bullish help.. we are still looking for an upside breakout $study

December 8, 2011
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Contract H, The ZBT needs some bullish help.. we are still looking for an upside breakout $study

  CONTRACT ROLL TODAY “H”   Around the Globe Asia – Trifecta Shanghai (China) -0.12% Hang Seng (Hong Kong) -0.69% Nikkei (Japan)-0.66% Europe as of 7:12am EDT DAX (Germany) +0.34% FTSE (UK) +0.45% Japan continues to post disappointing numbers as it drifts toward a net importer status.   Interest rates pre USA open should have...
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Waiting patiently for $ES_F 1270 $study

December 7, 2011
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Waiting patiently for $ES_F 1270 $study

Around the Globe Asia - Trifecta Shanghai (China) +0.29% Hang Seng (Hong Kong) +1.58% Nikkei (Japan)+1.71% Europe as of 7:50am EDT DAX (Germany) -0.19% FTSE (UK) -0.19% Light on news today.  Energy in the USA at 10:30 and consumer credit at 3pm EST.  The numbers out of Germany are bouncing nicely with an upside...
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