Pound Getting Hammered
The leading contract on theImplosion-5 List, British pound
(
BPM1 |
Quote |
Chart |
News |
PowerRating) sank to a new 15-year low today, falling intandem with continental currency futures. A report out today showed producerprices in the UK rose a
Hogs Approaching Heaven
August lean hogs
(
LHQ1 |
Quote |
Chart |
News |
PowerRating) are making good on the continuation oftheir Pullback FromHighs signal triggered yesterday and on an Off The Blocksentry today off their Momentum-5List reading. Hogs are currently conso
Capturing Gold’s Explosion
It’s ideal to be in markets that make large, explosive
moves
Good Technicals, Despite Difficulties
Technical difficulties at the New York Stock Exchangeprompted exchange officials to halt trading, spurring a chain reaction ofclosures at the nations largest futures exchanges. The Chicago Board of Tradeand Chicago Mercantile Exchange where futures contracts on the Dow and S&P500 are traded, also c
Sugar’s Seven Sisters
Sugar is forming a Pleiades pattern, a new setup I havebeen developing. The Pleiades, or seven sisters, is a star constellation I usedto use (prior to cheap satellite navigation devices) to determine a yachtsposition with a sextant while making ocean passages. The pattern reminds me ofthe constella
What To Look For In A 15-Year. . .
Institutions, hedge funds, and traders of all stripes
Will These Sectors Explode?
Stocks are trading mixed as the market awaits Intelsfirst-ever mid-session performance update but select sectors are showing theyare set up to lead the market or have traced patterns from which they couldlaunch.The Nasdaq is up 26.56 at 2244.29, the S&P 500 is up1.14 at 1271.13, and the Dow is down
Stalk These Emerging Leaders
Stocks are pulling back after a four-day winning streak
Behind The 15-Year Low
Like an Emperor without clothes
The Bigger They Are. . .
The bigger they are, the harder they can fall. Unleaded gasoline
(
HUN1 |
Quote |
Chart |
News |
PowerRating)logged some of the best gains in the commodities world this year, but now is 15%off its contract highs and has retraced nearly 50% of
Getting Back On The Momentum Train
Markets in momentum phases rally, pull back, and
Who Fired Up The Nasdaq?
Semiconductors have surged and have helped ignite a rally Tuesday in the
technology sector that has takes the Nasdaq up more than 3% at mid-day.