A drought in Eastern Europe has caused the price of wheat to rise more than 60 percent since June, hitting a two-year high. Now market participants will await the outlook from the U.S. Department of Agriculture, which will release its world crop report on Thursday, August 12. Analysts expect the USDA to trim its estimate [...]
by Andrew Vallance The stock market has seen a sell-off in early May, and according to my analysis, the adage “sell in May and go away” seems like an appropriate strategy. Looking at a big- picture technical view based on Elliott Wave analysis, I can see a possible turn back to the bear market levels [...]
by Aaron Fennell News that Greece was in danger of defaulting on its sovereign debt created quite a stir in the markets back in February, and the contagion has now spread to other Eurozone countries, creating a renewed wave of investor panic. The big question now is whether the latest troubles in Greece, Spain, and [...]
