International Breakouts…

International Breakouts…

In the charts below, Emerging markets and the EAFE index are solidly above resistance.  Now by small margins the CAC-40, DAX and the FTSE-100 are pushing above key resistance. In the post titled “Global All the same Trend” (See post here) I highlighted how...
Shrinking Dollar has benefited what?

Shrinking Dollar has benefited what?

On June 14th I produced the chart below (see this post).  The Patterns suggested to….SHORT THE DOLLAR (due to a rising wedge and 90% Bulls) and LONG THE EURO (due to falling wedge and only 5% Bulls). The chart below and post  reflected that extremes/turning...
Global…. “All the same trend!”

Global…. “All the same trend!”

Sir John Templeton always encouraged investors to diversify. In other words, don’t put…  The premise is that you can/should find assets that act differently.  Is diversification that easy to accomplish in today’s world? Currently around the globe we...