George Albert
Read biographyGeorge Albert is a Chicago-based trend watcher and edits www.capturetrends.com
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Operation Twist: US Fed has failed and it has no tools left
Remember Operation Twist, announced with much fanfare in the US by the Federal Reserve? If the Fed's real intention was to push up long bond prices, it failed, but if the desire was to pump up equity prices, success was modest. On 21 September 2011, the Fed announced "Operation Twist" to #ChartView #DumbMoney #Federal Reserve System #Operation Twist #Quantitative easing #United States Treasury security #US Fed
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Dollar rally faces headwinds; may provide strength to equities, commodities
17 December 2011: The US Dollar has reached a long term area of resistance which is likely to end the greenback's rally and result in a reversal, or at least a correction. A fall in the US dollar will augur well for risk assets such as equities and commodities. At this #dollar index #dollar rally #Numbers
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Here’s currency and bond market response to EU: ‘Yawn’
By George Albert As Europe hobbled to an agreement on fiscal deficits, the equity markets rallied but the currency and bond markets yawned. On Friday, US equity indices jumped by around 1.6 percent, the UK's FTSE 100 by a little less than 1 percent and the German Dax by 1.9 percent. The #Eurozone crisis
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Dec rallies: Why Santa may take a vacation this year
The markets are waiting again this year for a Santa Claus rally in December after the huge jump in equity values last week. But history has proven that Santa Claus rallies are not guaranteed and it's best not to expect one this month. As we predicted in last week's article, the #Chart View #Rupee #S&P 500 #Santa Claus rally #Sensex
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Dollar sell-off likely, rally in risky assets back on the table
The dollar index has reached an area of strong resistance that could lead to a greenback sell off, triggering a rally in risky assets such as commodities and equities. The dollar index, which measures the greenback against six major currencies, has reached a level of resistance between 79.50 and 79.90. #ChartView #Dollar #Euro #Rupee #S&P 500 #Sensex
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Major currencies near strong reversal points against rupee
The euro, dollar and British pound near strong reversal points against the rupee, which can stop and reverse the continuous depreciation of the Indian currency. Only there seems to be no stopping the rally of the Japanese yen. The dollar-rupee (USDINR) pair is reaching the final frontier of resistance and the #DumbMoney #Europe #Rupee #United States dollar
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Crude oil prices are set for selloff; time to go short
The continued rally in crude oil since October has taken prices to an overbought level, which can result in a reversal in prices. It's time for investors long on crude oil to book profits and for bears to initiate short positions. One of the reasons attributed to the rally in oil #Chart View #crude oil
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Memo to Japan: end failed yen policies, and import more
Insanity is defined as doing the same thing over and over again and expecting a different result. The Japanese authorities fit this definition perfectly as they again intervened in the foreign exchange market in the week ended 5 November to depreciate the yen. They are known for regular interventions in the #Chart View #Dollar #Yen
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It’s a bull market with small ‘b’ – for copper doesn’t confirm it
If you were led to thinking that bull days are back after Friday's superb stock market rally, here's cause for pause. Copper, a lead indicator for economic revival, has not backed the global equity rally with equal strength, which casts doubts on the sustainability of the bull run in the #Chart View #Europe #S&P 500 #Stock market
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Sensex will take cue from US dollar after euro package
All eyes are on Europe for the weekend announcement of the latest prescription to avert the sovereign debt crisis. The equity markets, meanwhile, gave mixed signals with the Indian, Japanese and Chinese markets falling, but the US markets rallying. The US dollar is the best place to get a preview #Chart View #Euro #Finance #S&P 500 #Sensex #Stock market #US Dollar