Email Newsletter 12-4-2012

US Power Grid Vulnerable to Just About Everything

As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran’s eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and know-how…

(Video) Alcoa and Aluminum: Latest Price Action Suggests 2 Major Opportunities

Mike shows you that, going back to the same 2008-2009 period, AA has followed the price of aluminum very closely. You get a detailed view of Alcoa’s recent drop below a key support price level, plus the analysis of an important trendline…

Large Currency Speculators trim US Dollar bets for first time in five weeks

Non-commercial large futures traders, including hedge funds and large speculators, trimmed their US dollar long positions to a total of $8.01 billion on November 27th from a total long position of $11.2 billion on November 20th…

USD/JPY: Lemons into Lemonade

Going into the November 14 low, USD/JPY charts had been showing an impulsive downward Elliott wave pattern. Impulses are 5-wave moves, but on November 13-14, the pattern looked incomplete: the fifth wave down seemed to be missing..

 US Dollar tells us Stocks are Likely to Pullback – Simple Analysis

Trading with the trend is not always an easy task. It is human nature to predict and jump to conclusions and usually it’s better to trade with the trend no matter what your emotions are telling you. The current trend is down…