The Brief Daily Forecaster 15th September 2008 Bias: While 1.1220-50 caps look for losses below 1.1122 for 1.1064 at least Losses began slowly on Friday stalling above the 1.1284 support. However, this morning's gap lower does seemed to have sealed the fate of the uptrend - thus today...

Real Estate Speculation And Mortgages If you want to understand interest rates, a sweeping panorama is presented in Sidney Homer’s A History of Interest Rates, 2000 BC to the Present. (There’sa fourth edition out, available on Amazon, but I like my signed first edition, ... Go to...

How I Set Up My Stock Charts A number of readers have asked me to define what chart settings and indicators I use and I thought I should post regarding this information. I trade with TradeStation and do all trading through them, but for the blog, I enjoy posting ... Go to Full Article

Egypt’s Uncertain Future Could Hit ETFs Egypt might not be all that it seems when it comes to real life and exchange traded funds (ETFs). Visitors to the country might see nothing but posh beach resorts and glimmering factories, with the rumble of stable economic growth and ... Go to...

Federal Open Market Committee Meeting: September 16 Nearly ten years ago the Federal Open Market Committee convened a special meeting to address the problems in US financial markets regarding the failure at Long Term Capital Management. It is not without irony that one decade later the ... ...

Greed Can Be Death To Your ETF Portfolio Exchange traded funds (ETFs) are touted for their transparency, but does transparency matter when fear or greed rules the markets? Howard Lindzon says people wanted Russia, Brazil, oil, China, coal and agriculture, ... Go to Full Article

A Closer Look At August’s US Retail Sales August’s retail sales report came out today and for some bizarre reason many in the media are reporting the data as a decline of -0.3%, despite the fact that the -0.3% is the month to month decline from July ‘08, and retail sales were ... Go...

Is High Home Ownership Rate Hurting Michigan? From a recent CD post:. Homeownership impedes the economy’s readjustment by … . Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content. Go to Full Article

Heavy Regulation, Dysfunctional Governance Financial regulation has produced a lot of laws and a lot of spending but poor priorities and little success in using the most important laws to head off a disaster. The pattern is reminiscent of how legislators often seem more ... Go to Full...

US Dollar Retracement Has Begun, Say Candlesticks Having issued a blistering rally since mid-July against the other major the currencies, the US Dollar looks finally ready to give back some ground. Go to Full Article

FOREX NEWS: LEHMAN BROTHERS FILES FOR BANKRUPTCY Lehman to file for bankruptcy this evening. Perhaps to get 60 cents per dollar on unsecured debt. A Consortium of investment banks including Bof A Barclays Citibank, Credit Suisse, DB, GS, JP Morgan, Merrill, Morgan Stanley and UBS have ... ...

UPDATE - US Dollar To Correct Strength Against Canadian Counterpart (Forex Hedging Strategy) Having filled our short hedge position at 1.0790 (61.8% Fibonacci retracement of the 02/09/07-11/09/07 sell-off), USDCAD has proceeded to decline a whopping... Go to Full Article

Major Banks Team Up To Avoid Meltdown, Bank of America Buys Merrill Lynch Having reportedly backed out of talks to buy troubled bank Lehman Brothers, Bank of America was reported to have reached an agreement to purchase another... Go to Full Article

September 15 market commentary and technical levels Mon, 15th of September, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The EURUSD recovered on Friday, topped at 1.4232 and closed at 1.4228. Early today in Asian market the pair continued it’s bullish momentum, ... Go...

FOREX NEWS: BANK OF AMERICA TO ACQUIRE MERRILL LYNCH for 44 ... of America has just reached an agreement to acquire Merrill LYnch and Company for close to $44 Billion, according to the Wall Street Journal. They have reached an agreement for $29 / Share after they have decided to reject the ......