Adam Hewison interviews Jim Martens, Senior Currency Strategist for Elliott Wave International

Adam had a chance to sit down with Jim Martens from Elliot Wave International (EWI). He shared some of his trading experiences and had some great insight on the currency markets.

Jim Martens is Elliott Wave International’s Senior Currency Strategist and editor of Currency Specialty Service. He got his start working with metals traders on the Commodity Exchange Center in New York and quickly earned a reputation for insightful market calls. Jim first joined Robert Prechter’s team at EWI in September 1993, covering a diverse list of markets from commodities to financials. He left EWI in 2001 to join Nexus Capital Limited, a Soros-affiliated Hedge Fund based in Hamilton, Bermuda, as their Technical Market Strategist. Jim rejoined EWI in the summer of 2004 and soon headed up the currency team. He is an experienced Elliott Wave instructor and presents at various trading seminars and tutorials around the world. Continue reading "Adam Hewison interviews Jim Martens, Senior Currency Strategist for Elliott Wave International"

Embrace Silver's Volatility All the Way to the Bank

Most precious-metals investors know that silver is more volatile than gold. But do they know just how big that difference really is?

We thought it would be interesting to measure how much greater silver's daily moves are – both in gains and declines – than gold.

We documented the daily price movements for both metals, and then calculated the difference using absolute values. To interpret the charts below, you need to know that: Continue reading "Embrace Silver's Volatility All the Way to the Bank"

Energy Market Commentary

March crude oil was higher overnight as it extends the trading range of the past three-weeks. Stochastics and the RSI have turned bearish signaling that sideways to lower prices are possible near-term. Closes below last Monday's low crossing at 94.97 would confirm that a short-term top has been posted while opening the door for additional weakness near-term. If March renews the rally off November's low, the 87% retracement level of the September-November decline crossing at 99.78 is the next upside target. First resistance is this month's high crossing at 98.24. Second resistance is the 87% retracement level of the September-November decline crossing at 99.78. First support is last Monday's low crossing at 94.97. Second support is the 38% retracement level of the November-February rally crossing at 93.47. Continue reading "Energy Market Commentary"

Forget Apple, This Rival Is a Much Better Bargain

When assessing any stock, you need to weigh the risk against reward. Yet for Apple's (Nasdaq: AAPL) shareholders, it's a challenging task. To be sure, it's really hard to see how much risk there is when Apple's net cash balance stands at $137 billion -- and is on its way to $200 billion in a few years. Management has started dropping hints that shareholder-friendly moves are coming, which usually means stock buybacks or big dividend boosts.

Still, even as Apple carries relatively minor risk, it's not clear what kind of upside investors should expect either. As I noted a couple days ago, competition is gaining on Apple, which could lead to market share erosion and falling margins as price cuts ensue. Continue reading "Forget Apple, This Rival Is a Much Better Bargain"

Poll: Sequester Cuts

Sequestration is set to begin on March 1, 2013. We wanted to take a survey of our readers and see how you feel about it.

What do you think of the upcoming sequestration?

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After you vote please leave a comment with your thoughts on Sequestration.

Every Success,
Jeremy