Kara Crawford at kara@traderplanet.comadmin@traderplanet.comTraderPlanet.com :: TimSalem's Commentarieshttp://www.traderplanet.com/TraderPlanet.com offers its popular content for commercial syndication via RSS. The feeds include backlinks for the full articles and automatically assign author attribution, which is required. To syndicate these RSS feeds on a commercial Web site, TraderPlanet.com, LLC requires the execution of standard linking agreement. Contact Kara Crawford at kara@traderplanet.com for further details.en-usCorrective Sentiments Emerge With Commodities as Currencies Remain Range-Boundhttp://www.traderplanet.com/commentaries/view/20567-corrective_sentiments_emerge_with_commodities_as_currencies_remain_range_boundhttp://www.traderplanet.com/commentaries/view/20567-corrective_sentiments_emerge_with_commodities_as_currencies_remain_range_bound<div> <p> </p> <p>Greetings Everyone!</p> <p>The API/EIA Crude Inventories provide impetus for the November Contact to correct into significance, as well as "bleed out" into Gold with a high Correlation of Price on the Immediate-Term.</p> <p>Massive Rhetoric is emerging from many Fronts these past several days... Obama, the BoE, China and the Development bank, as well as the FOMC and the latest developments coming about QE and any future "leaks" in Sentiment.</p> <p>With "Rhetoric Overload"... we simply do what we always do... ...</p></div><a href='http://www.traderplanet.com/commentaries/view/20567-corrective_sentiments_emerge_with_commodities_as_currencies_remain_range_bound'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Wed, 23 Sep 2009 15:16:31 +0000The S&amp;P Also Finds Validation In Our Recent Climatehttp://www.traderplanet.com/commentaries/view/19960-the_s_amp_p_also_finds_validation_in_our_recent_climatehttp://www.traderplanet.com/commentaries/view/19960-the_s_amp_p_also_finds_validation_in_our_recent_climate<p> </p> <p>Greetings again, Everyone!</p> <p>As we recently commented on concerning The Dow Appreciation and Gold/Crude Correlations coming into view... the S&amp;P is also showing us some validation for the Risk Appetite Climate we are currently working in.</p> <p>Here is the Dow View once more...</p> <p> </p> <p>dow_weekly_9-16.gif<br /></p> <p> </p> <p>On the S&amp;P 500 Weekly View also concerning the Longer-Term... the 61.8% Fib Variant of the massive Downleg High @ at October 2007 shows Confluence with the 200 SMA. This Area is certainly plausible in...</p><a href='http://www.traderplanet.com/commentaries/view/19960-the_s_amp_p_also_finds_validation_in_our_recent_climate'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Wed, 16 Sep 2009 18:36:44 +0000Commodities Roll on Risk Appetite...and is 10K On The Way For The Dow?http://www.traderplanet.com/commentaries/view/19959-commodities_roll_on_risk_appetite_and_is_10k_on_the_way_for_the_dowhttp://www.traderplanet.com/commentaries/view/19959-commodities_roll_on_risk_appetite_and_is_10k_on_the_way_for_the_dow<p> </p> <div> <p> </p> <p>Greetings again, Everyone, and nice to be back with you!</p> <p>We have seen plenty of our "Rotational Bias" of Risk Aversion to Risk Appetite as we move through September... the difference being our "Push and Pull" between the two has surely picked up the pace.</p> <p>The Summer weeks of several days of Aversion to several days of Appetite have dwindled with the return of Institutional Volume and Macro-Rhetoric.</p> <p>Gold and Crude are making solid gains out on the Daily Views as The Dollar hits a Risk Av...</p></div><a href='http://www.traderplanet.com/commentaries/view/19959-commodities_roll_on_risk_appetite_and_is_10k_on_the_way_for_the_dow'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Wed, 16 Sep 2009 18:07:07 +0000IntraDay Risk Appetite Back On The Table with Positive Datahttp://www.traderplanet.com/commentaries/view/18505-intraday_risk_appetite_back_on_the_table_with_positive_datahttp://www.traderplanet.com/commentaries/view/18505-intraday_risk_appetite_back_on_the_table_with_positive_data<div> <p> </p> <p>Greetings, Everyone and nice to be back with you after a few days!</p> <p>While Data Points in general continue with the "manipulated" snippets of improvement , Manufacturing and Pending Home Sales see Bullish Behavior in all aspects of Risk Appetite returning to view.</p> <p>Equities are on board, as well as Commodities in the early hours of the U.S. sessions, and as we look a bit further out on the Daily Views... solid Uptrends are grinding into place.</p> <p>Gold and Crude may be seen in this fashion, altho...</p></div><a href='http://www.traderplanet.com/commentaries/view/18505-intraday_risk_appetite_back_on_the_table_with_positive_data'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Tue, 01 Sep 2009 15:04:23 +0000Currencies Ignore Data while Commodities find Depreciationhttp://www.traderplanet.com/commentaries/view/17971-currencies_ignore_data_while_commodities_find_depreciationhttp://www.traderplanet.com/commentaries/view/17971-currencies_ignore_data_while_commodities_find_depreciation<div><span > </span><p> </p> <p>Greetings, Everyone!</p> <p>With the relatively "positive" Data Points out of the U.S. as a whole... the Beta-Risk Units are simply anchoring themselves with Technicals, while Crude and Gold see Depreciation on the IntraDay View.</p> <p>The Canadian Dollar both in the Futures and OTC scenarios looks for some significant Depreciation as Risk Aversion remains valid with the unexpected API Crude Builds and China's easing of demand for Building Materials and Energy alike.</p> <p>The highly-probable Double-Top on t...</p></div><a href='http://www.traderplanet.com/commentaries/view/17971-currencies_ignore_data_while_commodities_find_depreciation'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Thu, 27 Aug 2009 15:39:37 +0000EUR/USD Locked In Channel Despite Recent Price Appreciationhttp://www.traderplanet.com/commentaries/view/17573-eur_usd_locked_in_channel_despite_recent_price_appreciationhttp://www.traderplanet.com/commentaries/view/17573-eur_usd_locked_in_channel_despite_recent_price_appreciation<p> </p> <p>Greetings Everyone!</p> <p> </p> <p>We consider the recent Risk Appetite gestures with a certain amount of discretionary caution, despite the positive Macro-Data of recent weeks.</p> <p>The ever-evolving rotation of Appetite to Aversion is still with us, as we work with it head on with plenty of liquidity and volatility from an IntraDay perspective.</p> <p>As we look at the Euro... we can reasonably assume this similar "Push and Pull" of Price Action within most Majors lately... especially looking out on the Weekly an...</p><a href='http://www.traderplanet.com/commentaries/view/17573-eur_usd_locked_in_channel_despite_recent_price_appreciation'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Mon, 24 Aug 2009 14:38:24 +0000Fiber Still Appears Risk-Averse as Correction Continueshttp://www.traderplanet.com/commentaries/view/17166-fiber_still_appears_risk_averse_as_correction_continueshttp://www.traderplanet.com/commentaries/view/17166-fiber_still_appears_risk_averse_as_correction_continues<div><span > </span><p> </p> <p>Greetings Everyone!</p> <p>As we move through the traditionally "low Volume" month of August, we still have plenty of Intraday Volatility to work with... and even longer-term Views have validation with simply adhering to current Price Flow in the Macro-Ranges.</p> <p>We have underlying support from the Equities Markets and Macro-Factors such as Retail Sales and Consumer Confidence to tell us once and for all the recent gains in Risk Appetite over the past few months may simply be a series of Bear market...</p></div><a href='http://www.traderplanet.com/commentaries/view/17166-fiber_still_appears_risk_averse_as_correction_continues'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> Wed, 19 Aug 2009 22:36:38 +0000Risk Aversion Continues with Dollar and Yen Strengthhttp://www.traderplanet.com/commentaries/view/16810-risk_aversion_continues_with_dollar_and_yen_strengthhttp://www.traderplanet.com/commentaries/view/16810-risk_aversion_continues_with_dollar_and_yen_strength<div> <p> </p> <p>Greetings, Everyone and welcome to a new week!</p> <p>We arrive at the Sydney Open with continuation of Friday's Price Action in most Currency Units, as the Dollar and the yen continue with their directional momentum-based strength.</p> <p>With the "heavy weight" and insecurity of recently positive German and French GDP, the Euro still needs some time on the "Proving Ground" to see if these top economies can sustain their recent growth.</p> <p>In a similar fashion to the Equity rallies and Data Point stabiliza...</p></div><a href='http://www.traderplanet.com/commentaries/view/16810-risk_aversion_continues_with_dollar_and_yen_strength'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Mon, 17 Aug 2009 02:24:23 +0000Macro-Ranges Continue Despite Immediate-Term Risk Aversionhttp://www.traderplanet.com/commentaries/view/16642-macro_ranges_continue_despite_immediate_term_risk_aversionhttp://www.traderplanet.com/commentaries/view/16642-macro_ranges_continue_despite_immediate_term_risk_aversion<div> <p> </p> <p>Greetings again, Everyone!</p> <p>While The Fed Decision and even Retail Sales this morning is no real surprise to most... may we say the Rhetoric of Bernanke and the Fed's "Tone" is rather surprising?</p> <p>No... period.</p> <p><em>In my personal view,</em> an "unwritten" Duty of the Fed, Fed Chairman, and literally any Bureaucratic Entity is to calm the waters through optimism, and ease the pain of the Constituency.</p> <p>Central Banks do this all the time... with the BoJ being the prime example over the past few years.</p> <p>T...</p></div><a href='http://www.traderplanet.com/commentaries/view/16642-macro_ranges_continue_despite_immediate_term_risk_aversion'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Thu, 13 Aug 2009 22:21:51 +0000GBP/USD Clip Continues with the Q.E. Fallouthttp://www.traderplanet.com/commentaries/view/16136-gbp_usd_clip_continues_with_the_q_e_fallouthttp://www.traderplanet.com/commentaries/view/16136-gbp_usd_clip_continues_with_the_q_e_fallout<div> <p> </p> <p>Greetings, Everyone!</p> <p>While the Yen is  surely "in the spotlight" today along with the Dollar, due to "bleedout" from the NFP as well as the Yen/Nikkei relationship gaining traction... the Unit showing the clearest signs of Dollar and "Low-Yielding" Strength has to be Cable.</p> <p>As we can still see... and have appreciated for months now... The Weekly Bear Flag Formation is still intact... as Price sees Dynamic Resistance at the 50% Fib Variant of the July 2008 Highs at the 1.6820's area.</p> <p> </p> <p> </p> <p>po...</p></div><a href='http://www.traderplanet.com/commentaries/view/16136-gbp_usd_clip_continues_with_the_q_e_fallout'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> Mon, 10 Aug 2009 18:23:52 +0000The Yen, The Fed, and a New Weekhttp://www.traderplanet.com/commentaries/view/16036-the_yen_the_fed_and_a_new_weekhttp://www.traderplanet.com/commentaries/view/16036-the_yen_the_fed_and_a_new_week<div> <p> </p> <p>Greetings Everyone, and welcome to a New Week!</p> <p>While Non-Farm Payrolls is still being discussed from the Macro to Micro aspects... I still stand by my Fundamental beliefs that a single Data Point Release does not a Recovery make!</p> <p>We will need to see positive GDP act as a Catalyst and compliment a good 3-month Cycle of positive NFP Data <em>to even begin to talk of Stabilization, in my personal view.</em></p> <p>With Unemployment due to reach 10%... which certainly be of no surprise... Economic Recovery wi...</p></div><a href='http://www.traderplanet.com/commentaries/view/16036-the_yen_the_fed_and_a_new_week'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Sun, 09 Aug 2009 22:39:15 +0000Dollar Weakness Continues as Equities Maintain Their Strengthhttp://www.traderplanet.com/commentaries/view/15867-dollar_weakness_continues_as_equities_maintain_their_strengthhttp://www.traderplanet.com/commentaries/view/15867-dollar_weakness_continues_as_equities_maintain_their_strength<div><span > </span><p> </p> <p>Greetings Everyone!</p> <p>I am freshly back from the Las Vegas Forex and Options Expo after 4 days, and it was a great Show as always!</p> <p>Ironically, as the Presentations began Sunday afternoon, we were already seeing strong "Sentiment" in terms of Dollar Weakness on the way with Greenspan's commentary Sunday.</p> <p>IntraDay Markets were overextended and overbought, so Corrective Behavior <em>in my personal view</em> was possibly on the way.</p> <p>Well... that idea was simply blown out of the water!</p> <p>Crude, Cable, Gold,...</p></div><a href='http://www.traderplanet.com/commentaries/view/15867-dollar_weakness_continues_as_equities_maintain_their_strength'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> Thu, 06 Aug 2009 23:12:55 +0000Risk Appetite Returns despite Low Volatilityhttp://www.traderplanet.com/commentaries/view/11567-risk_appetite_returns_despite_low_volatilityhttp://www.traderplanet.com/commentaries/view/11567-risk_appetite_returns_despite_low_volatility<p> </p><p>Greetings, Everyone!</p><p>I am pleased to be at my new "Home" at TraderPlanet.com, and look forward to bringing my Thoughts and Commentaries on The Markets to everyone!</p><p>We find our Close of the week seeing The Dollar lose "Safe-Haven" status as Risk Appetite returns on the momentum of strong Equity Correlations during Earnings Season.</p><p>Crude and Gold clip losses of the last several Sessions with significant gains to reach new "Transitive Rollover' Res0stance0becoming-Support areas.</p><p>While YoY GDP was s...</p><a href='http://www.traderplanet.com/commentaries/view/11567-risk_appetite_returns_despite_low_volatility'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Fri, 31 Jul 2009 23:14:58 +0000Risk Aversion Continues on Commodity and Data Point Weaknesshttp://www.traderplanet.com/commentaries/view/14866-risk_aversion_continues_on_commodity_and_data_point_weaknesshttp://www.traderplanet.com/commentaries/view/14866-risk_aversion_continues_on_commodity_and_data_point_weakness <p>Greetings, Everyone!</p> <p>We are about40 minutes off of the NYSE Close, as the Indices and most Equity Sectors work through Price Depreciation for the Session.</p> <p>Crude and Gold reach significant points of Static Support, despite the solid Sell-Offs and increasing Builds in EIA Oil Inventories. The Key now is to see if we simply Accumulate into Consolidation... or continue to clip Static Support Areas and see further declines.</p> <p>Concerning the Risk-Averse Dollar and Yen Strength, we see the Macro-Data...</p><a href='http://www.traderplanet.com/commentaries/view/14866-risk_aversion_continues_on_commodity_and_data_point_weakness'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Wed, 29 Jul 2009 19:34:58 +0000Equity Correlations Lead Currencies Into Risk Aversionhttp://www.traderplanet.com/commentaries/view/14865-equity_correlations_lead_currencies_into_risk_aversionhttp://www.traderplanet.com/commentaries/view/14865-equity_correlations_lead_currencies_into_risk_aversion<div><span > </span> <p>Greetings again, Everyone!</p> <p>We seeCorrective Impulses in Currency Units in general, as the Risk-Averse "Brothers" of Dollar and Yen continue to strengthen with Indices and Gold and Crude Correlations.</p> <p>Despite the S&amp;P/Case Shiller Index rising literally for the first timeMonth-over-Month in about 3 Years... we still have negative conclusions during EquityEarnings Season weighing on the High-Yield Pairs such as Cable, Fiber, and inversely, seeing deep Momentum in the Swissy as IntraDay Work mo...</p></div><a href='http://www.traderplanet.com/commentaries/view/14865-equity_correlations_lead_currencies_into_risk_aversion'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> Tue, 28 Jul 2009 16:33:33 +0000