Technical analysis looks at the behavior of a financial market itself. This contrasts with “fundamental” analysis, which examines factors outside of a market, i.e., news and events. Elliott Wave International favors technical analysis and this natural gas chart provides an example of why.
Spain……officially know as the Kingdom of Spain, is the second largest country by size and the 4th largest economy within the European Union. Its 46m population reside within 17 “autonomous regions,” including two archipelagos, the Balearic Islands and the Canary Islands, with Madrid being its capital city. Spain suffered badly following the financial crisis with […]
The cross-winds are swirling in respect of the Oil price, as confusion reigns. In the words of a typical economist, “on the one hand,” OPEC appear likely to renew their recent production cuts, in particular from Saudi Arabia and Russia who are desperate for higher prices, whilst “on the other hand” is the new swing […]
“Bread and circuses” was how the government kept the Roman populace happy by distributing free food and staging huge spectacles, whereas today’s equivalent is the welfare state and to bomb someone as a means of distraction during problematic periods. Well, stock-markets took a hit this week, following the release of a memo by former FBI […]
When Harold Wilson commenced his first stint as the British Labour Party Prime Minister in 1964, he inherited an unusually large external deficit on the balance of trade from the Conservative administration and despite fighting the markets for a couple of years, the inevitable devaluation of the £GBP came in 1967, when Wilson famously assured […]
“793”…… Global merger and acquisition (M&A) deals have been completed this year as of the end of April 2017, according to “dialogic” who collates the data involving publicly traded corporations. This is 20% lower than the comparable period of 2016 and is the lowest number since 1998, which given that stock and bond markets are […]