Crude oil pulls back in European session in tandem with drops in stock markets. Slightly worse-than-expected consumer sentiment in the Eurozone drove investors away from higher-yield assets. Currently trading at 77.6, the…
Month: January 2010
China Guided Yields Higher Again, Commodities Did Not React
Crude oil trades within a narrow range of 78 and 78.7 in Asian session. Sideways trading is expected to continue until European or even NY sessions when more economic data will be…
Why the Fed Likes Independence
Last week it was revealed that when Treasury Secretary Tim Geithner was Chairman of the New York Federal Reserve, he urged AIG officials not to disclose to the Securities Exchange Commission relevant…
Strong China Commodity Demand Can Boost Gold Price as It Increases Inflation Pressure
Gold price stays firm in European morning as the dollar continues to weaken against major currencies. We receive strong trade data from China yesterday but most investors only related strong imports to…
Crude Reverses Gains as China Raises Yield and Weather May Get Warmer
Crude oil reversed gains after failing to test 84 in NY session Monday. The February contract ended the day at 82.52, down -0.3%. Currently trading at 81.9, the decline accelerates as the…
Valuable Investment eBook Free Until Jan 12
Greetings investor, Our friends over at Elliott Wave International have informed us that their brand-new Market Myths Exposed eBook will still be available free until January 12. The 33-page eBook takes the…
Strong China Imports Pushed Crude Price Higher
Crude oil price rose to as high as 83.67 after China reported strong imports in December. In 2009, robust demand in emerging countries, especially China, was the major driver for energy prices….
Energies Extend Gains as Strong China Trade Drives Sentiment
Crude oil extends rally to 83.95 in European session. Weakness in USD, abnormally cold weather in the Northern hemisphere and strong demand from China are pushing energy prices higher. Oil products also…
Keynesianism Delivers a Decade of Zero
This past week we celebrated the end of what most people agree was a decade best forgotten. New York Times columnist and leading Keynesian economist Paul Krugman called it the Big Zero…
Advance warning: Danger of bond market collapse!
If you think 2010 is going to bring investors a carefree, nonstop ride to glory, think again! Profit opportunities abound, and we intend to be among the first to lead you to…