Emerging Money Daily Audio Call July 15 – On the call today we are looking at emerging markets (EEM, quote) pulling back after closing at 14 months highs yesterday. Asia traded somewhat mixed overnight although we talk a little bit about Korea Indonesia and some markets that look very interesting to us.
Concerns over the viability of Portugal’s largest banks, Banco Banco Espirito Santo, Popolare and Unicredit have sent market participants once again to the safety of gold. As result gold future hit 3 months highs in today’s session.
Emerging Money Daily Audio Call Preview July 3 – Heading into the July 4 weekend we received lot of economic numbers today. On the call today we talk about the payroll numbers in line along with a number of big data points around the world.
China is becoming one the biggest energy consumers, giving the U.S. a run for its money, or should I say energy.
As the rally across Latin America continues into the summer, investors need to be wary of the catalysts to the rally versus the reality of the expected change.
I want to provide an update on the WTI Crude Oil trade setup from May 28th “Crude Oil Update.” Back on the 28th, I anticipated the formation of one of my favorite technical trading patterns, the head and shoulders.
As we move into the final stretch of the first week of June, market participants find U.S. economic reports at best mixed. ADP Jobs numbers fell short of expectations (179k vs, 210k) and analysts are now wondering when we are going to see stronger recovery numbers.