Monthly Archives: April 2011

weekend update

REVIEW The US market started the week making new uptrend highs and this progressed into new bull markets highs into week’s end. Positive economic reports outpaced negative reports about two to one. On the positive side: New/Pending home sales, Consumer confidence, Public sentiment and … Continue reading

Posted in weekend update | Tagged , , , , , , | 66 Comments

friday update

SHORT TERM: new day, new highs DOW +47 Overnight the Asian markets were mostly lower again. That’s every day this week. Europe opened lower and closed +0.50%. US index futures were higher overnight. At 8:30 Personal income, (+0.5% vs +0.4), … Continue reading

Posted in Updates | Tagged , , , , , , | 1 Comment

thursday update

SHORT TERM: market notches new highs, DOW +72 Overnight the Asian markets were mostly lower again. That’s everyday this week. Europe opened higher and closed +0.50%. US index futures were lower overnight. At 8:30 Q1 GDP came in lower than … Continue reading

Posted in Updates | Tagged , , , , , , | 31 Comments

ZARUSD – South African Rand

The price history of the ZARUSD illustrates another commodity related currency. We recently updated the other two commodity currencies we track: the AUD and the CAD. Of these three currencies the ZAR shows displays a massive devaluation against the USD since it … Continue reading

Posted in selected charts | Tagged , , , , , , | 3 Comments

wednesday update

SHORT TERM: market relatively quiet after FOMC meeting ends, DOW +96 Overnight the Asian markets were mostly lower. Europe opened lower but closed mixed. US index futures were higher overnight, and at 8:30 Durable goods orders were reported higher: +2.5% … Continue reading

Posted in Updates | Tagged , , , , , , | 20 Comments

AUDUSD – Australian dollar update

Several months ago we posted a detailed report on the long term outlook for the AUD: http://caldaro.wordpress.com/2010/12/08/audusd-australian-dollar/. The long term outlook remains the same: a Supercycle peak between 2012 and the commodity peak in 2014. We’re counting this Supercycle bull market as two Cycle wave zigzags, … Continue reading

Posted in selected charts | Tagged , , , , , , | 29 Comments

tuesday update

SHORT TERM: new bull market highs, DOW +115 Overnight the Asian markets were all lower. Europe opened lower but closed up 0.85%. US index futures were higher overnight, and at 9:00 Case-Shiller reported lower housing prices: 139.27 vs 140.86. The … Continue reading

Posted in Updates | Tagged , , , , , , | 27 Comments