Monthly and Weekly Analysis WE 6 Jun 10

Mixed bag this week. I'd expect some EQ retraces before the next leg down for new lows.

Weekly Analysis WE 21 May 10

Lots of xxxjpy IBs that could hold the key to how the EQ's develop? In the Flash Crash 2 week's ago the xxxjpy pairs started selling off some 50 mins before the Eq's crashed. Seems the carry trade is alive and well.

Silver Short??

Looks like a good set-up Short on Silver (spot)

FTSE Short now!

Two charts that show a good chance of a FTSE drop. New down trend? Let's see....

Flash Crash

http://www.worldtribune.com/worldtribune/WTARC/2010/ss_economy0389_05_07.asp

As I suspected......Could big money be behind that mystery Flash Crash last Thurs?? They think so too.

Weekly Analysis - WE 14 May 10

Big swing in colours and sentiment this week. I'm a little suspicious of the massive down move last week in the US Indices. Was this panic selling, programme selling or a concerted move by a few major players to make huge sums of money? Most of the down move happened in a 20 min period and the SEC is investigating the 'drop and bounce'. I heard of many trades being cancelled by the exchanges on some 'errant' trades where 100 shares were bought of leading US large caps at a few cents etc. All very odd and subsequently trading this week may be very range bound until markets have time to digest all this news and action. The US non-farms were positive though. Leans me towards market manipulation. Citi-Bank did the same thing a few years ago on a lesser scale and got away with it!!

Another issue has been the rise of the recent Indices' trends on low volume and I read that due to the exchanges being less centralised there was a lack of liquidity to match trades on certain platforms last week. As there were only a few exchanges some years back, these huge drops were less likely as there was always big volumes in the exchanges. Now that more transactions are conducted off exchange and spread over more dealers etc there has been concern that the lack of volume and liquidity in the major exchanges could have actually precipitated the fall last week as there were no long trades being matched on the other side of the deals. Many people were trapped for the whole move and unable to get in or out; again, the US SEC is investigating...

Market Momentum

http://www.barchart.com/stocks/momentum.php

Good site to check daily momentum/ % of US stocks above key MA's

Crude Short

Crude set up short from Monday's close

2 excellent blogs to add to your weekend reading.

http://www.tradersnarrative.com/more-credit-default-swaps-means-trouble-for-european-debt-3687.html

http://www.smartmoneytracker.blogspot.com/

Post Election FTSE Blues?

Is the FTSE pricing in the post election Blues? Since the FTSE is mainly biased towards overseas' earnings one could consider FTSE 250 short? I think this is where the FTSE 100 may stall for a while at least. The huge monthly DSRI line at 5110 could offer some support too.

Weekly Analysis

Messy looking week that hinges on what the Eq's do I think. Looks like FTSE has already topped out and a new down trend has begun. Will the US follow? Sell in May..... ;)