Articles for: CBOT

The US markets had an extraordinary move up during the last week or so in anticipation of a 50 point move on interest rates by the Fed.

Gold has been in the headlines recently, after taking out last years highs and pushing on past the $800 an ounce mark.

When you look at a line chart of the DOW or All Ordinaries and ask investors to look back and point to where they would like to have bought in, almost without exception they point to the major retreats that we call ‘pullbacks’.

Volume indicators are often used to confirm the validity of price movement.

As traders, we can sometimes spend so much time looking for the latest technical analysis indicator that we forget to have a good look at the past history of the market we are trading.

Bonds are debt instruments that pay owners semi-annual interest payments.

In the near term the DOW has arrived. There is not a lot more major travel for the time being – up or down – even though you may ‘feel’ the market is a little frenetic and the media/analysts beat it up.

It's been just over five years since the low of October 2002 that marked the end of the bear market in the US.

I’m still a bear in the US. In an article I wrote some weeks back I mentioned that the US bond market was pointing to about a 50/50 chance of recession next year in the US.

The market fall may be mostly over but there is still more pain ahead – for the US dollar, anyway. On the flipside, currencies like the lil’ Aussie battler are set to rise further.