By: Rich B Meier As Top Equity News opined yesterday, it’s our view that stocks could be headed for a major collision between rising and declining trend-lines. This inflection point – as my early 2000s MBA friends used to repeat endlessly – means the NASDAQ is about ready to ride both sides of the see-saw. [...]

If you don’t know the answer to the question… at times it helps to at least know what the question is. That was our thought today as we started to set out yet another IMRA issue. First is a chart comparison between the cross rate of the Australian dollar futures and Canadian dollar futures along [...]

The Japanese Yen and the resumption of the carry trade It seems that last month’s G7 intervention was the turning point for the Japanese Yen. The Group Of Seven Industrialized nations stepped in the currency markets on March 18th in order to halt the Japanese yen rise. The coordinated intervention occurred after the yen soared [...]

March 16 — The president of the Tokyo Stock Exchange appealed for calm after an earthquake and nuclear accident triggered the biggest two-day decline in Japanese stocks since 1987. It is only Wednesday but it already feels as if this has been a very long week. It is definitely possible for equities to rise with [...]

EUR/USD The Euro found support on dips to below 1.36 against the dollar on Tuesday and had a generally firmer tone, although there was a lack of market leadership amid subdued conditions. There was a slight fall in the latest US consumer confidence reading, but this followed a big rise the previous month. There was [...]