Looking at the FC Orange Juice future contract here, and a couple of contradicting patterns jump out to me. First, we have a triangle formation which looks bullish. However, taking a look at the bearish MACD convergence makes me hesitate on going all Bull in this market. So to play ...
February 8th 2010
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Economics
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Marc Faber talks about the U.S. debt crisis, credit rating and the health of the economy.
I agree with Marc's point but I also think the U.S. hasn't gotten to the stage of Greece.
Based on the huge bull run last year, I'm leaning towards these markets retracing or being in a range for a while, before continuing their trend. On the bright side, this could be an opportunity to find favorable price levels to get back in. Check out the charts below for ...
I've been doing a lot of thinking lately, and I've com to realize that I've been focusing so much on the ephemeral and thus lost focus on the important thing; which I refer to as the "bottom line". Everyone seems to pay so much attention to crap like - who's ...