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Monthly Archives: February 2013
Daily Interest Rate Monitor – February 28
(click here if tables is not observable)
That Was Ugly
Ugly close. The Dow was within 15 points of its all-time when the sellers ambushed the market at 2:30 New York and beat it like a drum into the close. The VIX couldn’t pierce the 14 level and spiked 8 … Continue reading
Daily Interest Rate Monitor – February 27
(click here if table is not observable)
The Bernanke Stock Squeeze
So Bernanke says 2016 is when he thinks unemployment moves to the monetary policy target of 6.5 percent. That’s a long time before the party in U.S. stocks will end. Nutcracker short squeeze. The shakeout over the past … Continue reading
Bersani wants change for parliament and Italy
(click here if video is not observable)
Chart Gazing
Let’s take a look at the sector ETF charts. Most still look like they are just beginning a correction of the almost vertical move since the beginning of the year. Only the financial ETF has successfully tested its 50-day. The … Continue reading
Posted in Technical Analysis
Tagged Charts, Consumer Discretionary, Consumer Staples, Sector ETF, XLF, XLY
1 Comment
Stratfor: Italian Elections Rekindle Eurozone Crisis
Excellent analysis. Stratfor’s Europe analyst Adriano Bosoni discusses the fractious results of the Italian elections and how they pose political and economic challenges for the European Union. For more analysis, visit: http://www.Stratfor.com (click here if video is not observable)
Daily Interest Rate Monitor – February 26
(click here is table is not observable)
Quote of the Day: Euro VOLcano Erupts Again
This election is close to being the worst-case scenario for the markets. If there is one wild card in the European pack willing to do anything, it is Silvio Berlusconi, and he is sitting on the biggest barrel of gunpowder … Continue reading
Italy’s Election Results
Protest voting in Italy has created a new political landscape and pushed the country towards deadlock. With more than 90 percent of the votes counted in the country’s parliamentary elections (at 22:00 CET on February 25), the centre-left led by … Continue reading