Archive for August 13th, 2010

European Credit Default Swaps Move Higher

| August 13, 2010

Remember back in May when financial markets were focused on the European sovereign debt crisis and Credit Default Swaps (CDSs) across the European Union (EU) spiked to troubling highs? Well, don’t look now but those CDS spreads have started moving higher once again. This is certainly not surprising as none of their structural issues have […]

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Short-term Forecast for August 13, 2010

| August 13, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed moderately lower today, reconfirming the short-term downtrend from earlier this week. A […]

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