If one was to believe the picture that most Western media outlets are painting, Ukraine has been lost to Russia. Two recent energy deals that Ukraine has reportedly made, one with Russia and the other with Slovakia, however, show that the reality of the situation is slightly more complex.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
This is the third sell signal I have seen in the Canadian dollar since the trend has changed back to down in mid-October on the daily chart. I especially like this this sell signal because the Canadian hit the 20-period moving average, which has traders taking profits.
CFTC Commissioner Mark P. Wetjen is poised to be voted acting chairman of the top U.S. derivatives regulator within days.