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Featured Topics
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Commodities
Oil shows weakness as API adds to bearish mood
Oil continues to look weak despite a rebounding euro and the cloud of Ben Bernanke. Products seemed to have topped because of frantic pre-holiday wholesale cash buying.
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Financials
Stock market minor cycle will show first signs of turn
The short-term trend for major stock indexes is still positive, but it looks increasingly tired.
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Forex
Important breakout in the Dow-to-gold ratio and its implications for gold
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.
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Regulations
Gensler recusal faulted in CFTC watchdog’s MF Global report
Chairman Gary Gensler’s recusal from the investigation into MF Global was unnecessary, according to the agency’s internal watchdog.
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