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Kamakura version 5 default models rate IBM cumulative default risk 10 bp at 5 years, 144 bp at 10 years

U often here me talk about symmetry in the markets. The SPX is a perfect example of symmetry as the H&S base was built. Today looks like we are breaking the NL of the big intermediate H&S bottom. The chart is busy but with a quick study the symmetry becomes very clear

The latest survey from auto club AAA, the Oil Price Information Service and Wright Express puts Ohio's average price for regular-grade gasoline at $2.73 a gallon, down 7 cents from last Monday.Gas prices had risen quickly across the region after a leak was discovered Sept. 9 in an oil pipeline

Kamakura's troubled company index is the percent of firms with annualized 1 month default risk over 1%

By now I am sure you have heard the rumors about Facebook developing a smart phone. Really? A phone? When I first heard this I sat back and thought about it and how it works in with their business model. After I thought about it long and hard I could not help to think that Facebook may already be

Apple is rumored to have bought a Swedish company that has created technology for facial recognition, which could allow for software and devices to recognize unique users. According to Norwegian website Mac1.no, Apple has purchased Polar Rose (Google translation), a company that specializes in

The INDU has broken out of a bullish rising wedge formation this morning. I know the bears were looking at this pattern as an ending pattern but from my perspective there are too many other clues out there to suggest just the opposite was going to occur. Keep an open mind at all times.

This chart was posted on the day of the BO of the bullish rising wedge pattern. We had a nice backtest confirming that the top rail was hot. Another point or so and the PO will be met. Remember these little rising wedges or flags show up in fast moving markets so keep a close lookout for them