Category: Finance
$OIL $USD/SAR
Here is the Saudi TASI index. To me it is important to see it hold here, as it would mean investors are taking the OPEC agreement as serious. Which would give me a sense where i should renter my long ... Read More
$Oil $DXY $EEM update
Saudi Tasi seems to be holding in a flag type pattern at the top of yesterdays high. Which means to me there is not too much faith in the OPEC chatter and oil is moving higher more likely due to a sho... Read More
$GBPUSD We are running up against resistance area.
Undoubtedly we will break through at some point, today next week I don’t know, but what I do know is I am buying the dips and selling a portion of it into the resistance area. I have been up sin... Read More
$GBPUSD Here is an updated chart from earlier this morning.
Sterling has broken out of the channel. This is good, but I would have liked to see it move to at least the 127.85 area and back in to the channel and hold. Never the less it should stop the panic sel... Read More
$GBPUSD Fuckery in the 1st order!
It has been said that if you bought and own the GBP you are now infected with the Ebola Virus. I cannot tell you what kind of fuckery clowns are capable of in the short term, no one can Whenever you s... Read More
Deficit to GDP is…… drum roll! 3.38%!
Up 0.65% from last year when it was 2.72%. Or $159,079 Billion a 32.3% increase in spending from the year before. Which is essentially what the economy lost from a reduction in Oil CAPEX. In other wor... Read More
So the market has decided to push DB till a resolution is found one way or another.
I have made several comments about DB as being a ticking time bomb for the markets. Well it went POP! Now I need to be more specific. The problem is obviously liquidity. Not capital. Can they get it? ... Read More