by Michael Markowski | Jun 2, 2018 | $Yen Indicator, alerts, Extra Cat
Prior to the market opening on June 1, 2018 the Bull & Bear Tracker’s went from RED to GREEN. The signal had been RED since May 23, 2018. See “Bull & Bear Tracker’s Signal has changed”. The signal switched from RED to GREEN due to the volatility between...
by Michael Markowski | Jun 1, 2018 | alerts, Markets/Economy, Secular Bulls/Bears
Today the Trump administration enacted steel and aluminum tariffs against a majority of the countries in the world including Mexico, Canada, Japan, China and the European Union. The 10% tariff on aluminum and 25% tariff on steel becomes effective at midnight on June...
by Michael Markowski | May 27, 2018 | archive, Markets/Economy
The turmoil in Turkey increases the odds for the global stock markets to be much lower by the end of 2018. This week Turkey’s currency, its Lira declined by as much as 9% and fell to all-time lows versus the US Dollar, Japanese Yen and the Euro. What has happened...
by Michael Markowski | May 23, 2018 | $Yen Indicator, alerts, Extra Cat
The signal for the Bull & Bear Tracker is now RED. The signal had been GREEN since April 9, 2018. See Equities article “NIRP Crash Indicator Renamed “Bull & Bear Tracker”; Signal Now GREEN”. The signal switched from GREEN to RED due to the increase volatility...
by Michael Markowski | May 16, 2018 | alerts, Markets/Economy, Secular Bulls/Bears
The 10-year US Treasury note closed at 3.08%, its highest level since 2011 was the catalyst for today’s stock market sell-off. The strong close above 3.0%, the resistance level that the notes had been flirting with since April, is a clear signal that interest rates...