Tuesday, April 20, 2010
IHSG in wave 5 already?
21.04. Closed buy IHSG 2.907. Profit +50 point. IHSG kemungkinan ini telah mengakhiri koreksi abc dalam 4 untuk proses 5/5) (sesuai dengan E.W DJIA di 4/5, setelah breakout resist line 2863, untuk target 2916/2945. Trend berbalik bearish jika indeks ditutup dibawah 2830. Closed Hold buy breakout 2.857 target 2.913, buy break 2917 target 2965/2992 stop 20p, sell break 2.873 target 2.800 stop 20p. Trading Buy 11 stocks, Risk 3.5%, Reward >10%. Disclaimer on. Track Record IHSG: 12 Recommendations: (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p). P = Point.
Update Daily Investment News
‘Evening Star’ May Signal Top for S&P 500: Technical Analysis
(Bloomberg) -- The yearlong rally in U.S. stocks may pause after the Standard & Poor’s 500 Index generated an “evening star” pattern that signals a bearish trend, according to Bank of America Corp.’s technical analyst Mary Ann Bartels.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3jUFxIhLHv8
Korean Won May Fall 2.8% on Parabolic Gauge: Technical Analysis
(Bloomberg) -- South Korea’s won may decline 2.8 percent against the yen over the next two weeks as a technical chart signaled investors should buy the Japanese currency, according to Mitsubishi UFJ Securities Co. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=avvjc8xrXW8M
China’s Stocks to Fall on Moving Average: Technical Analysis
(Bloomberg) -- China’s Shanghai Composite Index may drop as much as 6 percent after breaching the 250-day moving average for the first time in a year, Shenyin & Wanguo Securities Co. said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aj2dclSSn_CI
Rubber May Drop 22% as Rally ‘Too Far, Too Fast’ (Update1)
(Bloomberg) -- Rubber prices may drop as much as 22 percent by the end of 2010 as this month’s rally to a record was too steep for tire makers, said an official at Marubeni Corp., Japan’s largest trader of the commodity.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aCL_sJiZ9wek
The Three Phases of Fed Tightening
The Fed’s action to flood the financial system with liquidity in the wake of the Lehman bankruptcy has prevented another Great Depression.
http://finance.yahoo.com/banking-budgetingk/article/109346/The-three-phases-of-fed-tightening;_ylt=AmdOe_sg_QCT8xdUJ1b0DkK7YWsA;_ylu=X3oDMTFmaDJjbnBnBHBvcwMzBHNlYwNleHBlcnRPcGluaW9uRHluYW1pYwRzbGsDdGhlM3BoYXNlc29m
Top 5 Global Funds
The fortunes of the U.S. equity markets continue to be a key determinant of the health of the global economy.
http://finance.yahoo.com/news/Top-5-Global-zacks-3695527344.html;_ylt=ApTTjRVAmx2ze_1jkQ65VqC7YWsA;_ylu=X3oDMTFhajFocDE5BHBvcwMyBHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA3RoZXRvcDVnbG9iYQ--?x=0
How Goldman Sachs Might Help Democrats in November
Finally, the watchdog bites. One reason Americans are so disgusted with political and business leaders is that nobody seems accountable for the rapacious behavior that launched a crushing recession and tossed 8 million people out of work.
http://finance.yahoo.com/news/How-Goldman-Sachs-Might-Help-usnews-2268963496.html;_ylt=AiSVOkLf49nAPT60xbzYji.7YWsA;_ylu=X3oDMTFhZDB0NXFuBHBvcwM4BHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA2hvd2dvbGRtYW5mbA--?x=0
Dollar Trading: The Long View
Our long-term view on the dollar vs. other currencies is long dollar/yen (Usd/Jpy) on interest rate differentials and long Australian dollar/dollar (Aud/Usd) on global commodity growth.
http://finance.yahoo.com/news/Dollar-Trading-The-Long-tsmf-1540936232.html;_ylt=Ah9HUg34jkSd4yD_CidymB.7YWsA;_ylu=X3oDMTFiMTA2NGlsBHBvcwMxMQRzZWMDc3BlY2lhbEZlYXR1cmVzBHNsawNkb2xsYXJ0cmFkaW4-?x=0
There Is No Gold Bubble
Gold has certainly received a lot more attention from investors since the beginning of 2009. Last Wednesday, with gold near its high for 2010, precious metals consultancy GFMS said in its annual report that the market "has moved out of kilter with its underlying fundamentals."
http://finance.yahoo.com/news/There-Is-No-Gold-fool-392323619.html?x=0&.v=1
Goldman Selloff a Blip, Uptrend Will Continue: Charts
When the bears are right, it could sometimes mean a great opportunity for the bulls. This seems to be the case for Goldman bulls, at least according to technical analysis.
http://www.cnbc.com/id/36658008
How Big Is The Marijuana Market?
Put arguments for and against legalization aside for a moment. If people could use marijuana—without fear of legal consequence—just how much would get used? More to the point, how much money is at stake?
http://www.cnbc.com/id/36179677
George Soros Talking the Euro to ‘Death’
First it was the “Death Spiral,” now it is the “Death Circle.”
George Soros told a Greek TV station last night that the government in Athens is facing the prospect of both recession and falling budget revenue if yields on Greek debt remain this high.
http://www.cnbc.com/id/36657969
Spirit of Reagan, Thatcher Doomed: HSBC Economist
The political philosophies espoused by former leaders Ronald Reagan and Margaret Thatcher will wither and die as the West watches its financial and political power ebb away to the East, according to HSBC’s chief economist.
http://www.cnbc.com/id/36658874
S&P to Hit 1500 in 'Next Seven Quarters'
Stocks pushed higher on Monday after a more-than-expected rise in leading indicators and strong earnings from Citigroup. Fritz Meyer, senior market strategist at Invesco AIM, and Linda Duessel, equity market strategist at Federated Investors, shared their market outlooks.
http://www.cnbc.com/id/36643026
Goldman Case Could Bring Major Changes to Wall Street
While Goldman Sachs—and the banking sector in general—will survive the securities fraud allegations against the investment banking giant, the case could become a landmark event that changes Wall Street forever, analysts say.
http://www.cnbc.com/id/36643570
Why Goldman Sachs Stock Is Still a 'Buy': Bove
Goldman Sachs' stock remains a good buy in part because the government's fraud case against the Wall Street titan is shaky, analyst Dick Bove told CNBC.
http://www.cnbc.com/id/36648161
Halftime Report: Time To Go Cherry-Picking?
The S&P [.SPX 1197.52 5.39 (+0.45%) ] traded lower on Monday as concerns about fraud charges against Goldman Sachs [GS 163.32 2.62 (+1.63%) ] overshadowed good earnings from Citigroup [C 4.88 0.32 (+7.02%) ] and upbeat economic data.
http://www.cnbc.com/id/36645000
(Bloomberg) -- The yearlong rally in U.S. stocks may pause after the Standard & Poor’s 500 Index generated an “evening star” pattern that signals a bearish trend, according to Bank of America Corp.’s technical analyst Mary Ann Bartels.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3jUFxIhLHv8
Korean Won May Fall 2.8% on Parabolic Gauge: Technical Analysis
(Bloomberg) -- South Korea’s won may decline 2.8 percent against the yen over the next two weeks as a technical chart signaled investors should buy the Japanese currency, according to Mitsubishi UFJ Securities Co. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=avvjc8xrXW8M
China’s Stocks to Fall on Moving Average: Technical Analysis
(Bloomberg) -- China’s Shanghai Composite Index may drop as much as 6 percent after breaching the 250-day moving average for the first time in a year, Shenyin & Wanguo Securities Co. said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aj2dclSSn_CI
Rubber May Drop 22% as Rally ‘Too Far, Too Fast’ (Update1)
(Bloomberg) -- Rubber prices may drop as much as 22 percent by the end of 2010 as this month’s rally to a record was too steep for tire makers, said an official at Marubeni Corp., Japan’s largest trader of the commodity.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aCL_sJiZ9wek
The Three Phases of Fed Tightening
The Fed’s action to flood the financial system with liquidity in the wake of the Lehman bankruptcy has prevented another Great Depression.
http://finance.yahoo.com/banking-budgetingk/article/109346/The-three-phases-of-fed-tightening;_ylt=AmdOe_sg_QCT8xdUJ1b0DkK7YWsA;_ylu=X3oDMTFmaDJjbnBnBHBvcwMzBHNlYwNleHBlcnRPcGluaW9uRHluYW1pYwRzbGsDdGhlM3BoYXNlc29m
Top 5 Global Funds
The fortunes of the U.S. equity markets continue to be a key determinant of the health of the global economy.
http://finance.yahoo.com/news/Top-5-Global-zacks-3695527344.html;_ylt=ApTTjRVAmx2ze_1jkQ65VqC7YWsA;_ylu=X3oDMTFhajFocDE5BHBvcwMyBHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA3RoZXRvcDVnbG9iYQ--?x=0
How Goldman Sachs Might Help Democrats in November
Finally, the watchdog bites. One reason Americans are so disgusted with political and business leaders is that nobody seems accountable for the rapacious behavior that launched a crushing recession and tossed 8 million people out of work.
http://finance.yahoo.com/news/How-Goldman-Sachs-Might-Help-usnews-2268963496.html;_ylt=AiSVOkLf49nAPT60xbzYji.7YWsA;_ylu=X3oDMTFhZDB0NXFuBHBvcwM4BHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA2hvd2dvbGRtYW5mbA--?x=0
Dollar Trading: The Long View
Our long-term view on the dollar vs. other currencies is long dollar/yen (Usd/Jpy) on interest rate differentials and long Australian dollar/dollar (Aud/Usd) on global commodity growth.
http://finance.yahoo.com/news/Dollar-Trading-The-Long-tsmf-1540936232.html;_ylt=Ah9HUg34jkSd4yD_CidymB.7YWsA;_ylu=X3oDMTFiMTA2NGlsBHBvcwMxMQRzZWMDc3BlY2lhbEZlYXR1cmVzBHNsawNkb2xsYXJ0cmFkaW4-?x=0
There Is No Gold Bubble
Gold has certainly received a lot more attention from investors since the beginning of 2009. Last Wednesday, with gold near its high for 2010, precious metals consultancy GFMS said in its annual report that the market "has moved out of kilter with its underlying fundamentals."
http://finance.yahoo.com/news/There-Is-No-Gold-fool-392323619.html?x=0&.v=1
Goldman Selloff a Blip, Uptrend Will Continue: Charts
When the bears are right, it could sometimes mean a great opportunity for the bulls. This seems to be the case for Goldman bulls, at least according to technical analysis.
http://www.cnbc.com/id/36658008
How Big Is The Marijuana Market?
Put arguments for and against legalization aside for a moment. If people could use marijuana—without fear of legal consequence—just how much would get used? More to the point, how much money is at stake?
http://www.cnbc.com/id/36179677
George Soros Talking the Euro to ‘Death’
First it was the “Death Spiral,” now it is the “Death Circle.”
George Soros told a Greek TV station last night that the government in Athens is facing the prospect of both recession and falling budget revenue if yields on Greek debt remain this high.
http://www.cnbc.com/id/36657969
Spirit of Reagan, Thatcher Doomed: HSBC Economist
The political philosophies espoused by former leaders Ronald Reagan and Margaret Thatcher will wither and die as the West watches its financial and political power ebb away to the East, according to HSBC’s chief economist.
http://www.cnbc.com/id/36658874
S&P to Hit 1500 in 'Next Seven Quarters'
Stocks pushed higher on Monday after a more-than-expected rise in leading indicators and strong earnings from Citigroup. Fritz Meyer, senior market strategist at Invesco AIM, and Linda Duessel, equity market strategist at Federated Investors, shared their market outlooks.
http://www.cnbc.com/id/36643026
Goldman Case Could Bring Major Changes to Wall Street
While Goldman Sachs—and the banking sector in general—will survive the securities fraud allegations against the investment banking giant, the case could become a landmark event that changes Wall Street forever, analysts say.
http://www.cnbc.com/id/36643570
Why Goldman Sachs Stock Is Still a 'Buy': Bove
Goldman Sachs' stock remains a good buy in part because the government's fraud case against the Wall Street titan is shaky, analyst Dick Bove told CNBC.
http://www.cnbc.com/id/36648161
Halftime Report: Time To Go Cherry-Picking?
The S&P [.SPX 1197.52 5.39 (+0.45%) ] traded lower on Monday as concerns about fraud charges against Goldman Sachs [GS 163.32 2.62 (+1.63%) ] overshadowed good earnings from Citigroup [C 4.88 0.32 (+7.02%) ] and upbeat economic data.
http://www.cnbc.com/id/36645000
Monday, April 19, 2010
Chartist IHSG & DJIA + Top 9 Stocks
Meski IHSG breakovt support channel di 2.883, menunjukkan pola candle two crows, adx menunjukkan selling power yg ckp kuat, lower high n low, akan mendapatkan strong support di 2780/2800. Resist di 2855/2862.IHSG saat ini berada dalam koreksi abc dalam 4 untuk proses 5/5) (sesuai dengan E.W DJIA di 4/5). Trading Buy 2.800 & buy breakout 2.857 target 2.910/2965 stop 20p. Closed Hold sell IHSG di 2.838 & 2.875 stop loss 2.875 = + 27 point Trading Buy 9 stocks, Risk 3.5%, Reward >10%. Disclaimer on. Track Record 9 Recommendations: (+20p+45p+73p+53+60p+45p+63p+0p+27p). P = Point.
Update Daily Investment News
Asia Stocks Face ‘Deteriorating’ Indicators: Technical Analysis
(Bloomberg) -- Asian stocks are facing “deteriorating” technical indicators that may halt a rally that lifted a regional benchmark index to the highest in almost 22 months, according to CIMB Investment Bank Bhd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5UNGstx3LQo
S&P 500 Index May Rise to 2007 Record Level: Technical Analysis
(Bloomberg) -- The Standard & Poor’s 500 Index is “days away” from breaching a key resistance point that augurs a climb to levels near its 2007 record high, according to Julia Lee, an analyst at Bell Direct, an Australian online brokerage.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8GdlAVKhS04
Goldman Probes May Lead Global Stocks Lower, AMP Says (Update2)
(Bloomberg) -- Widening probes of Goldman Sachs Group Inc. may prompt a drop of as much as 10 percent in global stock markets, according to AMP Capital Investors Ltd., a unit of Australia’s biggest provider of pension plans. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIstfWzUbxvw
Goldman Could Trigger Market Correction: Jim Rogers
Some expert investors have described the market's reaction to the SEC's accusations against Goldman Sachs as a 'storm in a teacup.' They believe the fallout would be short-lived, and eventually present buying opportunities.
http://www.cnbc.com/id/36616382
Video
http://www.cnbc.com/id/15840232?video=1470846106&play=1
What Goldman Means for Next Week
Regardless of how the Goldman Sachs news plays out, Cramer said Friday, investors have a chance to profit from it. Here’s his Game Plan for the coming week:
http://www.cnbc.com/id/36601411
Halftime: Forget Fraud Freak-Out, Profit From The Panic!
Investors crushed Goldman [GS 160.70 -23.57 (-12.79%) ] on Friday after the SEC charged the firm with fraud related to subprime mortgages. The news dragged down the Dow [.DJIA 11018.66 -125.91 (-1.13%) ] by triple digits.But don’t freak out. You can profit while others panic.
http://www.cnbc.com/id/36598220
Goldman Concerns Expected to Trump Good Earnings Week
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead.
http://www.cnbc.com/id/36614191
Charts: S&P Faces Big Correction, then 6-Month Stall
The S&P 500 rally is nearly exhausted and the index will soon see a big correction followed by six-month sideways move, independent trader Bill McLaren told CNBC Friday.
http://www.cnbc.com/id/36593861
Sovereign Wealth Funds Grow by 19%, State Street Says (Update1)
(Bloomberg) -- Sovereign wealth funds in Asia- Pacific, Europe, Middle East and Africa increased assets by 19 percent over nine months, according to a survey of 12 clients by State Street Corp., the world’s third-largest custody bank.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aLU29KCY2kCw
Goldman Says Asian Currency Trades ‘More Risky,’ Rely on Yuan
(Bloomberg) -- Buying Asian currencies is a “more risky” investment after they strengthened above or close to levels seen before the global financial crisis, according to Goldman Sachs Group Inc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a9MJZQt8Gtgs
Emerging Bond Inflows of $10.4 Billion Surpass 2005 (Update3)
(Bloomberg) -- Emerging-market bond funds received an unprecedented $1.8 billion in the past week, lifting 2010 inflows to a record, as high-yielding debt attracted global investors away from stocks, according to EPFR Global.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=at47yemIlGkE
Ringgit May Weaken 2% to 2.2%: Technical Analysis (Update1)
(Bloomberg) -- Malaysia’s ringgit may decline 2 percent over the next 10 days to a level last seen three weeks ago, according to Okasan Securities Co. Ltd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aGRD8i16mRuQ
Palm Oil Drops to 11-Week Low as Commodities, Stocks Decline
(Bloomberg) -- Palm oil tumbled to the lowest level in about 11 weeks, following declines in commodities and stocks after the Securities and Exchange Commission sued Goldman Sachs Group Inc. for fraud and China curbed property loans.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aC.lR0g0wGS4
Oil Falls a Third Day on Speculation Gains Have Outpaced Demand
(Bloomberg) -- Crude oil fell for a third day on speculation the commodity’s climb to an 18-month high has outpaced a recovery in global demand.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7FrCSw_JkQc
Aussie Drive to Parity Derailed by Yuan, Rate Outlook (Update1)
(Bloomberg) -- The Australian dollar’s push to parity with the U.S. dollar is in jeopardy as central bankers signal they may slow the pace of interest-rate increases and China moves closer to revaluing the yuan.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=afDTwwZ_2lB0
Goldman Case Won’t Prompt Hedge Fund Gold Sales, Superfund Says
(Bloomberg) -- A fraud suit by U.S. regulators against Goldman Sachs Group Inc. is unlikely to send hedge funds scrambling to reduce gold holdings, according to Superfund Financial Singapore Pte.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aikUEm2RExUM
China Index Futures May Tame Bubbles, Macquarie (Update1)
(Bloomberg) -- China’s stock-index futures will allow investors to hedge risks from potential asset bubbles and make equities cheaper in the long-term, according to Macquarie Group Ltd., Australia’s largest investment bank.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aj40ePowQ7yw
Commodity Inflows Slowed in Quarter, Barclays Says (Update1)
(Bloomberg) -- Commodities attracted $11.6 billion in the first quarter, down from $18.5 billion in the previous three months, with less money going into exchange-traded products tracking gold and oil, Barclays Capital said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZXND6y_FN_M
(Bloomberg) -- Asian stocks are facing “deteriorating” technical indicators that may halt a rally that lifted a regional benchmark index to the highest in almost 22 months, according to CIMB Investment Bank Bhd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5UNGstx3LQo
S&P 500 Index May Rise to 2007 Record Level: Technical Analysis
(Bloomberg) -- The Standard & Poor’s 500 Index is “days away” from breaching a key resistance point that augurs a climb to levels near its 2007 record high, according to Julia Lee, an analyst at Bell Direct, an Australian online brokerage.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8GdlAVKhS04
Goldman Probes May Lead Global Stocks Lower, AMP Says (Update2)
(Bloomberg) -- Widening probes of Goldman Sachs Group Inc. may prompt a drop of as much as 10 percent in global stock markets, according to AMP Capital Investors Ltd., a unit of Australia’s biggest provider of pension plans. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIstfWzUbxvw
Goldman Could Trigger Market Correction: Jim Rogers
Some expert investors have described the market's reaction to the SEC's accusations against Goldman Sachs as a 'storm in a teacup.' They believe the fallout would be short-lived, and eventually present buying opportunities.
http://www.cnbc.com/id/36616382
Video
http://www.cnbc.com/id/15840232?video=1470846106&play=1
What Goldman Means for Next Week
Regardless of how the Goldman Sachs news plays out, Cramer said Friday, investors have a chance to profit from it. Here’s his Game Plan for the coming week:
http://www.cnbc.com/id/36601411
Halftime: Forget Fraud Freak-Out, Profit From The Panic!
Investors crushed Goldman [GS 160.70 -23.57 (-12.79%) ] on Friday after the SEC charged the firm with fraud related to subprime mortgages. The news dragged down the Dow [.DJIA 11018.66 -125.91 (-1.13%) ] by triple digits.But don’t freak out. You can profit while others panic.
http://www.cnbc.com/id/36598220
Goldman Concerns Expected to Trump Good Earnings Week
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead.
http://www.cnbc.com/id/36614191
Charts: S&P Faces Big Correction, then 6-Month Stall
The S&P 500 rally is nearly exhausted and the index will soon see a big correction followed by six-month sideways move, independent trader Bill McLaren told CNBC Friday.
http://www.cnbc.com/id/36593861
Sovereign Wealth Funds Grow by 19%, State Street Says (Update1)
(Bloomberg) -- Sovereign wealth funds in Asia- Pacific, Europe, Middle East and Africa increased assets by 19 percent over nine months, according to a survey of 12 clients by State Street Corp., the world’s third-largest custody bank.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aLU29KCY2kCw
Goldman Says Asian Currency Trades ‘More Risky,’ Rely on Yuan
(Bloomberg) -- Buying Asian currencies is a “more risky” investment after they strengthened above or close to levels seen before the global financial crisis, according to Goldman Sachs Group Inc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a9MJZQt8Gtgs
Emerging Bond Inflows of $10.4 Billion Surpass 2005 (Update3)
(Bloomberg) -- Emerging-market bond funds received an unprecedented $1.8 billion in the past week, lifting 2010 inflows to a record, as high-yielding debt attracted global investors away from stocks, according to EPFR Global.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=at47yemIlGkE
Ringgit May Weaken 2% to 2.2%: Technical Analysis (Update1)
(Bloomberg) -- Malaysia’s ringgit may decline 2 percent over the next 10 days to a level last seen three weeks ago, according to Okasan Securities Co. Ltd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aGRD8i16mRuQ
Palm Oil Drops to 11-Week Low as Commodities, Stocks Decline
(Bloomberg) -- Palm oil tumbled to the lowest level in about 11 weeks, following declines in commodities and stocks after the Securities and Exchange Commission sued Goldman Sachs Group Inc. for fraud and China curbed property loans.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aC.lR0g0wGS4
Oil Falls a Third Day on Speculation Gains Have Outpaced Demand
(Bloomberg) -- Crude oil fell for a third day on speculation the commodity’s climb to an 18-month high has outpaced a recovery in global demand.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7FrCSw_JkQc
Aussie Drive to Parity Derailed by Yuan, Rate Outlook (Update1)
(Bloomberg) -- The Australian dollar’s push to parity with the U.S. dollar is in jeopardy as central bankers signal they may slow the pace of interest-rate increases and China moves closer to revaluing the yuan.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=afDTwwZ_2lB0
Goldman Case Won’t Prompt Hedge Fund Gold Sales, Superfund Says
(Bloomberg) -- A fraud suit by U.S. regulators against Goldman Sachs Group Inc. is unlikely to send hedge funds scrambling to reduce gold holdings, according to Superfund Financial Singapore Pte.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aikUEm2RExUM
China Index Futures May Tame Bubbles, Macquarie (Update1)
(Bloomberg) -- China’s stock-index futures will allow investors to hedge risks from potential asset bubbles and make equities cheaper in the long-term, according to Macquarie Group Ltd., Australia’s largest investment bank.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aj40ePowQ7yw
Commodity Inflows Slowed in Quarter, Barclays Says (Update1)
(Bloomberg) -- Commodities attracted $11.6 billion in the first quarter, down from $18.5 billion in the previous three months, with less money going into exchange-traded products tracking gold and oil, Barclays Capital said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZXND6y_FN_M
Elliott Wave: Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part I
The firm's history suggests its vulnerability in periods of negative social mood.
April 16, (Reuters) - Goldman Sachs Group Inc was charged with fraud on Friday by the U.S. Securities and Exchange Commission in the structuring and marketing of a debt product tied to subprime mortgages.
http://gainesville.elliottwave.com/t/89863/4088846/8922/0/
Prechter's Latest: The Most Important Cycle of the Past Three Decades
"A Deadly Bearish Big Picture"
That's the headline Bob Prechter gave to his just-published Elliott Wave Theorist. I suppose a person could read that and assume it tells him most of what he needs to know.
http://www.elliottwave.com/freeupdates/archives/2010/04/16/Prechter-s-Latest-The-Most-Important-Cycle-of-the-Past-Three-Decades.aspx
Raising The BAR: Bar Patterns & Trading Opportunities
How a 3-in-1 formation in cotton "triggered" the January selloff
For Elliott Wave International's chief commodity analyst Jeffrey Kennedy, the single most important thing for a trader to have is STYLE-- and no, we're not talking business casual versus sporty chic. Trading "style," as in any of the following: top/bottom picker, strictly technical, cyclical, or pattern watcher.
http://www.elliottwave.com/freeupdates/archives/2010/04/16/Raising-The-BAR-Bar-Patterns--Trading-Opportunities.aspx
Market and Economy: Optimism on Overdrive
Are you psyched up for a let down?
People are feeling better about the economy. An April 13 Investor's Business Daily article says: "Consumer confidence rebounded in April from a one-year low on hopes that an improving economy will continue to create jobs ... The gauge rose 3 points from March."
http://www.elliottwave.com/freeupdates/archives/2010/04/15/Market-and-Economy-Optimism-on-Overdrive.aspx
April 16, (Reuters) - Goldman Sachs Group Inc was charged with fraud on Friday by the U.S. Securities and Exchange Commission in the structuring and marketing of a debt product tied to subprime mortgages.
http://gainesville.elliottwave.com/t/89863/4088846/8922/0/
Prechter's Latest: The Most Important Cycle of the Past Three Decades
"A Deadly Bearish Big Picture"
That's the headline Bob Prechter gave to his just-published Elliott Wave Theorist. I suppose a person could read that and assume it tells him most of what he needs to know.
http://www.elliottwave.com/freeupdates/archives/2010/04/16/Prechter-s-Latest-The-Most-Important-Cycle-of-the-Past-Three-Decades.aspx
Raising The BAR: Bar Patterns & Trading Opportunities
How a 3-in-1 formation in cotton "triggered" the January selloff
For Elliott Wave International's chief commodity analyst Jeffrey Kennedy, the single most important thing for a trader to have is STYLE-- and no, we're not talking business casual versus sporty chic. Trading "style," as in any of the following: top/bottom picker, strictly technical, cyclical, or pattern watcher.
http://www.elliottwave.com/freeupdates/archives/2010/04/16/Raising-The-BAR-Bar-Patterns--Trading-Opportunities.aspx
Market and Economy: Optimism on Overdrive
Are you psyched up for a let down?
People are feeling better about the economy. An April 13 Investor's Business Daily article says: "Consumer confidence rebounded in April from a one-year low on hopes that an improving economy will continue to create jobs ... The gauge rose 3 points from March."
http://www.elliottwave.com/freeupdates/archives/2010/04/15/Market-and-Economy-Optimism-on-Overdrive.aspx
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