9 Feb 2015

U.S. exports can least afford to weaken further, given increasing role in GDP

by | posted in: Currency, Economy, Technicals | 0

Growth rate of U.S. exports decelerating since 2Q14 At north of 13 percent, exports’ share of GDP remains very high Surging $ no good news for exports; some signs of fatigue, but buck’s momentum intact The advance estimate of real … Continued

23 Jan 2015

N/T bias is up, but likely setting up another shorting opportunity later on

by | posted in: Economy, Equities | 0

Draghi finally delivers, igniting a global rally in stocks Here in U.S., sustainability in doubt unless stocks attract some of that money U.S. households not likely to be source of funds as money market funds lower than pre-crisis As expected, … Continued