PRE-MARKET (June 29th 2012): Resolutions in Europe?

  PRE-MARKET for US trading on June 29th 2012.   We're not really fans of politics here at Big Macro Picture - but we had to admire how the politics headlines affected the US markets on Thursday. First up was the Supreme Court, where President Obama's healthcare act survived in-tact, giving markets enough of a reason to sell off heavily in the morning....

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US MARKET ANALYSIS (June 28th 2012): The Short, Medium and Long Term

It's worth keeping up to date with, and discussing, how our short, medium and long term views are being affected in real-time. After rebounding over 7% in June, it was wise to question how valid the supposed MEDIUM TERM bearish stance had become, which we began to initiate from March onwards. In early June (prior to the rebound), we felt the different timeframes suggested...

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PRE-MARKET (June 8th 2012): What To Make of the Afternoon Sell-Off

PRE-MARKET for US trading on June 8th 2012. So, a tale of two markets in yesterday's session - the Dow and S&P rallied towards the previous swing highs in the morning, ahead of Ben Bernanke testifying at 3pm (GMT). Then, barely moving an eyebrow, his wording caused risk assets (gold seemingly included again) to sell off in the afternoon. Is this significant...

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PRE-MARKET (June 7th 2012): New Cycle or Sucker's Rally?

PRE-MARKET for US trading on June 7th 2012. The big question being asked by investors since last night: What was with that rally? At Big Macro Picture, we're always interested in SHORT TERM analysis of market levels to see where we stand within a MEDIUM TERM cycle. Gradually from late February onwards, we saw increasing concern voiced by leading market and economic...

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Big Macro Picture 2012 - Up to the Present Day

This article is designed to continue on from our previous post (Big Macro Picture 2011), just to get us up to speed before we start posting about the present day. To avoid repeating ourselves, it's worth checking out to see how we view markets on different timeframes, and categorise our analysis ("SHORT TERM", "MEDIUM TERM", and "LONG TERM", which come together to form...

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