Archive for November, 2013

Are Historical Highs in Margin Debt In a Low Growth Environment Equal Deja Vu?

by Christopher Lemieuxon November 30, 2013 8:52 am GMT
Equities keep going up and have been over the years, increasingly, regardless of the warning signs. Investors and traders have a win-win attitude when not even poor economic data can cause a correction in risk assets, which have reached historical highs. The S&P index is up eight weeks in a row and have made 13 […]

Natural Gas Trades Higher on Cold Weather, Technicals

by Christopher Lemieuxon November 30, 2013 6:33 am GMT
Natural gas trades higher to a five-month high on forecasts of colder weather throughout the country. The Northeast, the largest nat. gas consumer, and the Southeast seen below average temperatures this week as natural gas futures trade higher for the seventh day. Weather forecasts also see below average temperatures form December 6-12. The six month […]

US 10-Year Treasury Near Two Month High,Technicals

by Christopher Lemieuxon November 30, 2013 6:07 am GMT
The US 10Y note traded near two-month highs as a December taper looms over the market. There is a lot of focus on next week’s non-farm payroll, and that it will be strong enough to aid to the taper discussion. The 10Y note action looks to be pricing in the possibility of a taper, but […]

Sterling Reaches 12-Month Highs, Euro Breaks Wedge

by Christopher Lemieuxon November 29, 2013 7:08 pm GMT
The Sterling reached 1.6383 per dollar as the market went for stops just beyond the 12-month high of 1.6379. In “GBPUSD Trading Towards a Triple Top,” the 12-month, confirmed supply zone is holding as price action quickly dropped to 1.6361. The 4H chart shows small resistance at 1.6366, and a pullback to 1.6325 is likely […]