Monthly Archives: April 2011

weekend update

Posted on April 30, 2011 by tony caldaro

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 →

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friday update

Posted on April 29, 2011 by tony caldaro

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 →

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thursday update

Posted on April 28, 2011 by tony caldaro

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 →

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ZARUSD – South African Rand

Posted on April 28, 2011 by tony caldaro

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 →

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wednesday update

Posted on April 27, 2011 by tony caldaro

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 →

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