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During the shortened Easter week, several stock indices made weekly-scale compression signals: None of the ‘major’ indices have done so – the only US example is this Russell 2000 which  is a small-cap index. There are a couple of other…

Today we expect the largest collection of market turns this month, as you can see from the current turn schedule on the front page. This usually means a change of direction, so it is a good chance to cover equity market…

In yesterday’s edition we reported that bonds, energy and gold were all compressed, meaning that pressure is building up for some fresh market moves in the immediate future. We can now add the US$ to that list as it compressed yesterday and…

The turnaround from up-to-down in Treasury bond prices was signalled by compressions in 10-year notes that broke down in late 2016. The drop followed the usual bear market course of sharp falls followed by long periods of gradual rallies. The…

There has been an upswing within the erratic trading range in stocks around the world. This made new local highs (i.e. highs for this leg of the rally) in many markets yesterday, which was the day we expect the biggest…

Sugar and Copper markets have both made daily-scale compressions lately. Copper compressed, broke downward and briefly rallied to re-visit the compressed area. Sugar has just compressed and (apparently) broken down today – we have to wait until nearer the close to…

We wrote bullishly about commodities several times recently. In the February 12th edition we pointed out that these prices rarely turn around from bear to bull markets before a period of ‘bumping along the bottom’ and that we thought this…

The US $ has been strong throughout 2018 and particularly so during February. This rally was largely unexpected and it has just produced the first sign that it may be overdone. The signal is not in a US$ pair but in…

Stock markets around the world have been volatile since the sharp drops of two weeks ago. There has been a lot of ‘churning’ and prices have moved in a wide range, bounded (roughly) by the lows made on the first drop…

From time to time we mention the startling increase in world population, as it should be in the back of every market person’s mind, especially when considering commodities. In the December 6th edition we wrote about the roughly equal rates of growth of…