The spread between Greek and German 10 year bond yields is widening and has achieved a new multi-month high. Riccardo Ronco, Head of Technical Analysis at Aviate Global, thinks this may mean troubling times ahead.
Walter Zimmerman, Senior Technical Analyst at United-ICAP, looks at how the RSI can be used to identify market tops and finds that using divergence in isolation is not enough.
RBC Capital Markets has raised its USD/CAD target to 1.1650 as the pair reached a new 5-year high.
The bull market in equities “is still capable of launching an upside surprise at any time,” according to Ron Meisels, President of independent research house Phases & Cycles.
Yesterday saw some of the highest volumes in equity and bond markets. Chris Williams, Senior Broker at Newedge, says this usually signals a change in direction.
An in-depth report on the equity hedge fund landscape by Barclays Capital Solutions Group makes interesting observations for equity portfolio management.
The major US and European equity markets are at key support levels and we should expect significant bullish bounces, according to BNP Paribas.
Ari Wald, Technical Analyst at Oppenheimer, believes the S&P 500 is in position to bounce from the important 1900 level, but says it is critical that internal breadth improves drastically on the next rebound attempt.
Important bearish patterns have confirmed simultaneously on four equity indices, says Walter Zimmermann, Senior Technical Analyst at United-ICAP.
A global move into defensive stocks is currently underway, according to Riccardo Ronco, Head of Technical Analysis at Aviate Global.