The Bearish Dark Cloud Cover Candlestick Chart Pattern

A number of Candlestick chart patterns consist of two individual Candlesticks that result in specific interpretations that depend on how they arise.The Bearish Dark Cloud Cover candlestick pattern is one such two candlestick pattern that forms a bearish reversal signal. This pattern is the mirror opposite of the Bullish Piercing Line Candlestick reversal chart pattern.Like its counterpart,...

Mubarak Ends His Presidency, Protestors Leave Tahrir Square

After Egypt`s Hosni Mubarak agreed to step down as President past week, and handed over his powers and responsibilities to the Egyptian Army, the situation in the country appears to have calmed to a large extent, with the Tahrir Square, the stage for tens of thousands of people demonstrating against the regie for the past weeks, presently being occupied by a tiny group of just...

PIMCO Shifts Out of U.S. Treasuries, Should We Shift Out of the USD, too?

PIMCO`s Bill Gross has published its February Investment Outlook at the company`s website where he is making the case for an exit from U.S. government debt in favor of non-U.S. developed nations. His arguments, while passionately argued, are neither new nor innovative, but they make a good reading as they are being presented in a coherent and complete form.His case is a familiar...

Inflation highlights the week off as investors focus in on price pressures

Inflation highlights the week off as investors focus in on price pressuresInflation is going to be the major highlight next week , where investors will be focused on price pressures amongst other news that are scheduled for release this upcoming week, while the overall sentiment in markets is generally good amid the recent signs of improvement in economic activities in the United States. &n...