it is fast becoming exactly the disaster most of institutional investors have been warning of all the way down. Its biggest collapse, ever, may be just around the corner. Some volatile consolidation immediately, but the ship is sinking
A much larger drop than a couple of days ago. There remains significant immediate downside risk at the moment.
Similar extreme price activity in Oil. One has to wonder if sometimes, the mood of one market has been transferred to others. It seems to have been a volatile emotional day all round. The difference in price behaviour on the day however, is that Oil has so far not seen any of the recovery equities achieved. While Goldman Sachs has just come out with a $90...
After a month period of adjustment, copper price is looking to break resistance and run higher. The next 24-48 hours will decide whether the energy is actually there to do so
US Employment rate showed a large increase in jobs of 850,000 in June. This was no where near the initial recovery phase numbers, but people treated it as an out of the world great number. It is a good number, but quite emphatically, the employment situation in the USA remains in a very negative overall situation. Yes, things will continue to improve, but a big...