Obsession With Central Bank Action is Unhealthy, But Typical

By Gary Tanashian

June 18, 2012

The great question revolving around Greece is now answered.  It remained unanswered when the opening segment of NFTRH192 was written.  Here is how one writer was trying to deal with these and other questions over the weekend:

Obsession With Central Bank Action is Unhealthy, But Typical

"We’re seeing some positive sentiment return on account of a few things: the prospect of coordinated intervention in the event of a sloppy Greek election, or outright victory of an anti austerity party," such as Syriza, said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co. –MarketWatch Continue reading "Obsession With Central Bank Action is Unhealthy, But Typical"

Chart of the Week - Gold

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

After completing a solid week of gains, the August Gold futures awaited the outcome of elections in Greece. Sunday night brought positive news early after the Greek vote was finalized, but the euphoria wore off quickly following news in Spain regarding high borrowing costs and bad loans that plague the future of the Spanish economy. Traders were buyers in most sectors early in the overnight session, then heavy sellers as we near the open of the US equity markets. The US Dollar and the Euro have already traded in very wide ranges over the last few hours. Continue reading "Chart of the Week - Gold"

Greek Election Outcome May Only Delay Euro Exit: Capital Economics

(RTTNews) - Though the victory of the pro-bailout New Democracy in Sunday's elections eases concerns of Greece's imminent exit from the euro-zone, the country still faces the risk of leaving the single-currency bloc at the end of this year, Capital Economics European Economist Ben May said in a note Monday.

According to the firm, policymakers will need to take much greater action, perhaps including significant steps towards full fiscal and banking union, to prevent a bigger, more damaging form of break-up. Continue reading "Greek Election Outcome May Only Delay Euro Exit: Capital Economics"

Twelve Essential Steps To a Winning E-mini Strategy!

By: Leslie Burton

Danielstrading.com

In the 80's, the US T-Bond contract was the most liquid market. The bond pit at the CBOT was so crowded that you could not turn around. There was a bit of intrigue with commodities. It was deemed "not a prudent man’s investment vehicle' — it was for the aggressive investor. It was not a climate for "everyman" as the margins were often high and the moves could be severe. "Everyman" needed a liquid market with reduced margins that would allow participation in the stock market in a diverse manner. The E-mini indices allow a trader to participate in a stock weighted average of a portfolio. Continue reading "Twelve Essential Steps To a Winning E-mini Strategy!"

Weekly Futures Recap W/Michael Seery

We’ve asked Michael Seery of SEERYFUTURES.COM an IB of Peregrine Finanial Group to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Busines, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show. Continue reading "Weekly Futures Recap W/Michael Seery"