Category Archives for Todd’s Market Update

Eurozone Rumors Sometimes Matter

The market generates and usually quickly discards rumors. The more plausible, or those that seem to explain market movements, sometimes get picked up by the press, which tends to accelerate the initial move. Today, Reuters reports market chatter that the Greek government has hired a law firm to prepare documents for an eventual exit from […]

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Updating the “Under Water Down Under” Trade

Back on August 25, I suggested that after a sharp move downward, the AUD/USD had bounced sufficiently to offer an enticing level for entering a new short position around 1.0470. In the interim, the sharp rise in risk appetite has pushed AUD higher in its wake despite some additional snugging by the People’s Bank of […]

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OptionsMD Five Minute Market Checkup, 8/24/2011

Part 2 of a 3 part series on identifying Bear Markets…..  

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GLD: The New Currency?

Over the past few months, a noticeable trend in the FX market has been the effort made by many central banks, whether from the Far East, Central and Eastern Europe, or Latin America, to diversify their reserves. Most exporter nations count the U.S. as a major trading partner, and the Eurozone is also a significant destination. The […]

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OptionsMD Five Minute Market Checkup, 8/21/2011

Watch this quick video to understand how Market Character changes as the Bear approaches….    

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Is this the 2012 Bear Market? (part 4)

Is this the 2012 Bear Market? (part 4)   In part 1 we said that we could evaluate whether a Market was a Bull or Bear depending on the:   Market Character Signals Price Action   Now we’re getting to the real meat of the matter – Price Action. How can the price tip us […]

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NYSE Invokes Rule 48 At Open

NYSE invokes Rule 48 at open; allows exchange to suspend price indications to allow for a smooth opening. This is only invoked in situations with potential for extreme volatility.

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FX Morning Update – A Time for Caution (Again)

Good Morning. As a quick follow up from last night’s post, the Swiss National Bank in its operations this morning signaled no further desire to push rates still lower, acting instead to stabilize the current rates, which in the 3-month area are now around -51 basis points. Euronerves have been shaken by reports that German […]

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Is this the 2012 Bear Market? (part 3)

Is this the 2012 Bear Market? (part 3)   In part 1 we said that we could evaluate whether a Market was a Bull or Bear depending on the:   Market Character Signals Price Action   In Part 3, we’ll reveal some of the usual technical signals associated with the warning of an impending Bear…..or […]

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Is this the 2012 Bear Market? (part 2)

Is this the 2012 Bear Market? (part 2)   In part 1 we said that we could evaluate whether a Market was a Bull or Bear depending on the:   Market Character Signals Price Action   In Part 2, we’ll cover the explanation of “Market Character.” Just what on earth is “Market Character”, you ask? […]

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