(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) MARKET FALLS ON FISCAL CLIFF FEARS AFTER BOEHNER PLAN FAILS December 21, 2012 Boehner abandoned his ‘Plan B’ apparently after facing a rebellion. The concern among market
This post was just published on ZYX Buy Change Alert Yesterday evening after the fiscal cliff talks broke down, the momo crowd successfully ran up gold to over $1671 but could not overcome the micro resistance at $1672. Gold fell back under $1669 and the momo crowd tried to run it
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INFLATION DATA IN LINE December 14, 2013 Core Consumer Price Index (CPI) came at 0.1% vs consensus of 0.1%. CPI including food and energy fell 0.3%. Low
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) BARN BURNER U.S. EMPLOYMENT DATA December 7, 2012 In a barn burner development November non-farm payrolls came at 146K vs 90K consensus and 80K whisper number;
Traditionally gold has exhibited an inverse relationship with the U.S. dollar. In other words, if the dollar goes higher, gold goes lower and vise versa. Today gold and silver are breaking the inverse relationship with the dollar. The dollar is lower and gold has fallen to support at $1700. As
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) PRESIDENT OBAMA TO SPEAK November 30, 2012 President Obama is scheduled to speak later today. Expect the stock market to move up if there is optimism about
Gold is getting hammered this morning. No obvious news. There is no corresponding move in currencies. Our algorithms show that yesterday afternoon Smart Money stepped in with selling to meet heavy buying by the momo crowd. This morning the momo crowd has continued to aggressively buy. Momo crowd’s aggressive buying is
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) MIDDLE EAST ON THE VERGE OF A CEASE FIRE November 21, 2012 Violence in Gaza and Israel escalates as both parties are reportedly on the verge of a cease-fire. Historically an
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) WHITE HOUSE ATTEMPTING TO REPLACE SEQUESTER November 16, 2012 One part of the fiscal cliff is a sequester agreed by the congress. In its sequester, there will be
This post was just published on ZYX Buy Change Alert. England has been engaged in massive QE. Our sources indicate that Bank of England may halt QE as the data is showing that it is no longer effective. Will the Federal Reserve start mulling the same thing down the road? This major development should be