Tags » UK & Europe

UK: Footsie rallies

The Footsie rebounded after a short retracement — a bullish sign. Expect strong resistance at 7000/7100 but completion of another trough on Twiggs Money Flow, high above zero, would signal strong buying pressure.

* Target calculation: 6500 + ( 6500 – 5900 ) = 7100

Stock Markets

DAX bear trap

Germany’s DAX recovered above the former support level of 10500, confirming the primary up-trend. A Twiggs Money Flow trough above zero would signal long-term buying pressure. 16 more words

Stock Markets

Niall Ferguson: The "age of debt" has come to an end

Apologies for the sub-titles but this Hard Talk interview has an important message.

US & Canada

UK: Footsie buying pressure

Footsie retracement continues to look promising. Twiggs Money Flow high above zero suggests long-term buying pressure. Respect of support at 6400/6500 would establish a solid base for another attempt at 7000/7100*.

* Target calculation: 6500 + ( 6500 – 5900 ) = 7100

Stock Markets

Niall Ferguson: The West and the Rest - The Changing Global Balance of Power

Niall Ferguson is the Laurence A. Tisch Professor of History at Harvard University.

I would love to see Ferguson re-visit this 2011 talk every five years. 175 more words

US & Canada

Bayer, Monsanto in $88b deal that could reshape the world's food supply

From Drew Harwell:

The German chemical company Bayer said it will take over US seed giant Monsanto to become one of the world’s biggest agriculture conglomerates.

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Stock Markets

Europe on the mend

Germany’s DAX is holding above its new support level at 10500. Respect, with follow-through above 10800, would confirm the primary up-trend.

* Target calculation: 10500 + ( 10500 – 9500 ) = 11500… 74 more words

Stock Markets