USA Consumer Sentiment: Thomson Reuters / University of Michigan Americans are neither very optimistic nor very negative these days, but the Index of Consumer Sentiment inched up to a 14-month peak in April. Consumer sentiment has rebounded from the …
13MAY12Click here to view last week’s posts on ES_F. On the daily S&P Futures ES_F hit the 1.27 retrace ~ 1338.50 (actual low was 1339.25) and then started going sideways. Right now the daily kumo is providing resistance, however in 2-3…
13MAY12So Apple AAPL seems to still be in a range as I mentioned last week. On the 4hr the last candle crossed the Tenkan (blue line) and the Chikou (red trailing) is above that period’s price action–bullish, however, the last candle closed unde…
12MAY12Last week I mentioned that AUDUSD could go under 1. On my twitter stream @BNGESG was following the price action more regularly than my blog and tweeted that support on the weekly was 1.00718 on the weekly and Frida…
The name of this blog suggests that I am a physicist trying to introduce some principal rules of mechanics into economics. Economics is a hobby rather than every day activity. At some point, it’s worth to present my…
This picture presents the essence of my professional work
In case anyone missed it, I wanted to highlight a report yesterday from Reuters which quoted Edward Tilly, President of CBOE Holdings, as saying that not only is the VIX product line ripe for expansion, but: “We have benchmarks on a number …
With a little more than an hour to go before the equity markets open in Europe, investors are still attempting to digest the significance of an electoral victory for Francois Hollande in France as well as a much more fragmented political scene in Greec…
6MAY12Below is the daily, weekly, and monthly chart. Daily closed under 1.27 fib, which usually means 1.618 fib next test ~1.01062. Weekly has yet to touch 1.27 fib so more than likely it’ll hit ~1.01583 sometime this week. Just a gue…
6MAY12Below is the daily, weekly, and monthly chart. Daily closed under 1.27 fib, which usually means 1.618 fib next test ~1.01062. Weekly has yet to touch 1.27 fib so more than likely it’ll hit ~1.01583 sometime this week. Just a gue…
