The Traderszone Network

Here’s what some of the biggest tech and fitness companies are doing with wearable tech.

Gold is showing the same fan pattern as appeared on the dollar-yen chart prior to the very powerful breakout in November 2012.

Two years ago, just before Michael Lewis released Flash Boys starting a sharp if brief revulsion against parasitic, predatory High Frequency Trading frontrunners, which delayed Virtu’s IPO by one year, we broke down Virtu’s 2013 net trading income by product line. We were not surprised to find that of the $45 million in total growth, the largest income category, US stocks growth was a tiny 5% of all, rising by $2.3 million in 2013.

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Japanese stock market index the (cash) Nikkei 225 is down 4.9% for the morning session
Meanwhile, USD/JPY is getting smashed, under 114.50 and just poked its head back above there now:

OK, hows about some intervention in the yen? Unless they do, its back to jawboning.
This guy says in the risk off environment. And I reckon he has a good point.

Well, no one ever accused Jeremy Siegel of being bearish, but now he is at least less bullish after witnessing one of the worst Januarys for stocks in history.

“I was far too bullish last December,” Siegel told CNBC on Monday, on the way to asking if central banks had the firepower to “counteract all of the deflationary forces.”

“That’s clearly spooking the markets right now,” the vaunted Wharton school professor said of the deflationary boogeyman the world just can’t seem to shake despite trillions in global QE.

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Last week the and the view that 115 is the line in the sand
Nikkei reported on USD/JPY
Thing about sand of course is it can be blown away so easily.
Not yet today though: