Capital: A principal, investment, money, assets, labour, stock, property, a store of value larger or more prominent; it may also suggest preeminence or excellence; capital letter, idea, virtue.
Synthesis: A complex whole made up of a number of parts united; the act of combining separate ideas, beliefs, styles; a mixture or combination of ideas, beliefs, styles.
The market risk on rally continues though as a part of the rally the team forecasting a near term top before continuation, classic ABC. Oil appears to have bottomed as have many commodities and commodity fx. Gold appears likely near term capped for now at her recent resistance 1250 to 1270. Currencies wise, the gbp...
None of us have a crystal ball but we do have technical analysis which on probability is proving once again a wonderful guide to short and medium term asset market direction. Levels wise we did indeed score the lower low across most risk markets and it did appear indeed to provide a wonderful trading entry...
Markets are moving quickly here so a few technical comments. The bounce has not sustained. US sector wise the prior alphas of tech and bio tech are the unsurprisingly the alphas now to the down side. Bio tech particularly has made new lows again and is now down 40% from her high point. Europe has...