I cannot find a compelling argument for the market to move out of the existing range on the upside and I still give more probability to the market respecting resistance levels and rolling over. There are several reasons backing the continuation of this bullish tend: - Recent economic data has not supported evidence of an [...]
Archive for the ‘US Economy’ Category
WHERE IS THE MARKET GOING ?
Posted in FUNDAMENTAL ANALYSIS, US Economy, tagged double dip, jobless recovery, market, market direction, US consumer on September 26, 2010 | Leave a Comment »
The Fed is now bound to announce new measures
Posted in FUNDAMENTAL ANALYSIS, US Economy, tagged Ben Bernanke, Fed, FOMC meeting, unemployment on August 30, 2010 | Leave a Comment »
In his speech last week, Ben Bernanke indicated that the Fed “will do all that it can” to maintain economic stability. He also stressed the weakness of the job market and how important it is for the recovery. This speech puts the FOMC in a position where it almost is logically required to announce more [...]
ANOTHER PROOF OF AN ACCOMODATIVE FED
Posted in FUNDAMENTAL ANALYSIS, US Economy, tagged Bullard, Fed, James Bullard, monetary policy on August 3, 2010 | Leave a Comment »
Interesting article from the NY Times. James Bullard is changing sides, joining the doves.
THE US CONSUMER: THE UNEMPLOYMENT PICTURE
Posted in FUNDAMENTAL ANALYSIS, US Economy, tagged Bureau of Labor Statistics, job creation, jobless recovery, payroll, unemployment, US consumer on July 3, 2010 | Leave a Comment »
All in all, the unemployment data are quite mild and do not show any acceleration of the economic recovery.
THE KEYS TO FOLLOW THE HOUSING MARKET
Posted in LEARNING THE MARKET, US Economy on June 23, 2010 | Leave a Comment »
The major economic indicators to follow the housing market
