by Serge Berger | May 20, 2011 | Uncategorized
A little perspective on the move in gold should go a long way. The inverse head and shoulder pattern that developed from November to March hit it's ultimate target almost to the dime near $153 (on the GLD). After the recent 6.5% correction the...
by Serge Berger | May 12, 2011 | Uncategorized
The dollar rallied further yesterday, bringing the EUR/USD back down to a multi-year trend line. In early April the dollar pierced through a downward sloping trend line near 1.42 at the time and now is retesting these levels. While this could provide some...
by Serge Berger | May 6, 2011 | Uncategorized
It's been a seriously tiring week and I for one am ready (and have been for a few hours) to put my keepe in a resting mode for a solid 36 hours at least. The S&P 500 as well asl the rest of the major equity indices had a volatile time to say the least....
by Serge Berger | May 6, 2011 | Uncategorized
Since the beginning of April the defensive sectors such as Healthcare have outperformed the more cyclically exposed sectors such as Technology even while the S&P 500 was lifted to fresh 2011 highs. While that's an unusual occurence, dwelling on past...
by Serge Berger | May 5, 2011 | Uncategorized
The thing to remember about today's trade is that A) the world is interconnected by the banks and derivatives and B) that many more institutions and individuals these days own multiple asset classes. Regarding point A, this means that the mortgage default...
