Nikkei Finally Slides As Yen’s Recent Strength Gains More Momentum

(This is an excerpt from an article I originally published on Seeking Alpha on April 2, 2013. Click here to read the entire piece.) {snip} The Japan-based ETF took an even bigger hit, falling 3.9% and almost wiping out all of March’s hard fought gains in one day: The highlights I read in one of … Read more

T2108 Update (March 28, 2013) – Finally A New All-Time High (But Where’s the Champagne?)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

Australian Dollar, British Pound and Siemens Emerge Stronger Post-Cyprus

(This is an excerpt from an article I originally published on Seeking Alpha on March 24, 2013. Click here to read the entire piece.) {snip} The reaction to the Cyprus news was swift in financial markets starting with currency markets on that Sunday. By the end of the week, the S&P 500 (SPY) remained down … Read more

Cyprus: Low Volatility and Risky Plans

(This is an excerpt from an article I originally published on Seeking Alpha on March 17, 2013. Click here to read the entire piece.) {snip} While it is still far from clear that the risky bailout plan for Cyprus will pass the country’s legislative body – a vote that was scheduled for Sunday has been … Read more

A Stealth Rally for the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on March 13, 2013. Click here to read the entire piece.) It took a record low on the GBP/USD currency pair [British pound (FXB) versus the Australian dollar (FXA)] for me to realize that the Australian dollar has been in “stealth rally” … Read more

Reserve Bank of Australia Holds Rates, Leaving Currency To Drift Lower

(This is an excerpt from an article I originally published on Seeking Alpha on March 4, 2013. Click here to read the entire piece.) In its latest statement on monetary policy, the Reserve Bank of Australia (RBA) said nothing new. The RBA left rates unchanged at 3% while at the same time making it clear … Read more

The Bank of England Stares Down A Conundrum On Inflation

(This is an excerpt from an article I originally published on Seeking Alpha on February 8, 2013. Click here to read the entire piece.) On February 7th, The Monetary Policy Committee (MPC) of the Bank of England (BoE) decided once again to peg interest rates at 0.5%. The projections and explanations for inflation most interested … Read more

T2108 Update (February 25, 2013) – Bearish Signals Converge Into A Flashpoint (includes a forex update)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

Global Markets Synchronize Into A State of Calm That Does NOT Equate to Safety

(This is an excerpt from an article I originally published on Seeking Alpha on February 19, 2012. Click here to read the entire piece.) {snip} Nassim Taleb has been on a tour promoting his new book “Antifragile: Things That Gain from Disorder.” He provides related links and interviews on his Antifragile web site where he … Read more

Where the Pound Has Fallen, the Euro Should Soon Follow

This is an excerpt from an article I originally published on Seeking Alpha on February 21, 2013. Click here to read the entire piece.) The Bank of England (BoE) released its latest Inflation Report last week (February 13, 2013). During his remarks and responses to questions, Mervyn King again explained how the current and expected … Read more