Monthly archive July, 2017
by
prestonni
on
Jul 27, 2017 •
The weakness in the US$ has continued to support lead US equity indexes and commodities alike. This week I’m instead going to focus my words on the weaker non usd indexes especially given the likeliness of a bounce here in the US$. So the key price weakness in recent weeks has been European Indexes and...
by
prestonni
on
Jul 21, 2017 •
Well no great surprises for readers here as the US$ has indeed debased and so the party can continue another leg with all the implications this entails re capital flows into em markets, commodities, bullion etc. Breadth across the US indexes remains weak but as a continuation within this leg of this bull market is...
by
prestonni
on
Jul 13, 2017 •
Temperatures have hit 40 degrees in the last few days in the Balearic islands. The only place to be is on a boat which is exactly what i’m doing. Communications can be a little poor depending on my location so i’ll keep this short and sweet. This bull market is still alive and well and...
by
prestonni
on
Jul 5, 2017 •
Hi guys, I hope all here in the northern hemisphere are enjoying the fine summer weather a little. Certainly volatility has picked up a little here and the relentless higher highs in tech and wider SP500 is taking a breather. The US$ is down now strongly for the year and commodities are finally starting to...