Archives by Month:

Archives by Year:

Snow Job

Snow Job

A OPEC snow job. What is Saudi Production? Oil prices thwarted a early morning recovery on a private report that put Saudi oil production above 10 million barrels a day. Not so according to the Official OPEC data that said that said its production decreased 139,500 barrels a day in February, to average 31.96 million […]
E
                                                
                        U.S. Jobs Report Gives The All Clear For A Rate Hike

E U.S. Jobs Report Gives The All Clear For A Rate Hike

US businesses added 235k workers to the payrolls in the month of February, which was more than the forecasts of 200k, official data from the U.S. Bureau of Labor Statistics showed on Friday. The U.S. unemployment rate fell from 4.8% to 4.7% in February as widely expected, but the pace of the average hourly earnings […]
Political Uncertainty Weighs On Euro

Political Uncertainty Weighs On Euro

The Euro continues to come under pressure as a result of political uncertainty in upcoming elections in France and the Netherlands. Investors are worried about surprise outcomes, especially given the events in the UK and the US which brought us a Brexit and Trump presidency. Investors are also wary of a dovish European Central Bank […]
British Pound Collapses To 2 Month Low

British Pound Collapses To 2 Month Low

The markets have traded in a tight range during the Asian session but Europe has started with a bang. GBP/USD is already trading 100 pips lower than 2 hours ago on speculation that the imminent Article 50. However, Scotland is looking for a new independence vote in 2018 or 2019. Hence, the pressure for a weaker Pound […]
E
                                                
                        Market Briefing For Tuesday, March 14

E Market Briefing For Tuesday, March 14

Overt obstacles obviously overlooked overarching technical behavior; as you know leaving the market pundits either confused or groveling, for some sort of an ‘explanation’ as to why the market fails to accommodate their very aggressive calls for decline, or even carnage; none of which is happening. Here that’s no surprise despite our own recognition that […]
Day Trading Stock Picks For This Week Tuesday, March 14

Day Trading Stock Picks For This Week Tuesday, March 14

There were so many oil stocks on the list this week that I put the cut off at 15 million shares (just for oil stocks) to help filter it down. Fairmount Santrol Holdings (FMSA) Average day range (30) is 6.54% and average volume (30) is 5 million. Cliffs Natural Resources (CLF) Average day range (30) is […]
Global Stocks Drop Ahead Of Fed Rate Decision; Dollar Rises As Sterling Tumbles

Global Stocks Drop Ahead Of Fed Rate Decision; Dollar Rises As Sterling Tumbles

European stocks declined for first session in five ahead of Wednesday’s Dutch elections, debt ceiling expiration and the conclusion of the Fed’s 2-day meeting where it is expected to raise rates by 25 bps. Tightening concerns emerged, also dragging down Asian shares and S&P futures, while the dollar continued its rise for a second day. […]
GBP/USD: Trading The UK Claimant Count Change – March 14

GBP/USD: Trading The UK Claimant Count Change – March 14

The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. It provides a snapshot of the UK employment situation and could affect the direction of GDP/USD.   Here are the details and 5 possible outcomes for GBP/USD Published on Wednesday at 9:30 GMT. Indicator Background UK Claimant Count Change is closely monitored, as the indicator […]
EUR/USD: A Pin Bar Formation Has Recently Appeared

EUR/USD: A Pin Bar Formation Has Recently Appeared

Previous: Trading on the euro on Monday closed down. The EUR/USD rate fell from a maximum of 1.0714 to 1.0651 (-63 pips). The economic calendar was empty and the euro underwent a correction across the market after Friday’s rally. Market expectations: On Tuesday, the FOMC’s two-day meeting begins. On Wednesday, the Federal Reserve will announce […]
Could This Be The Biggest Biotech Breakthrough Of The Decade? (SPONSORED POST)

Could This Be The Biggest Biotech Breakthrough Of The Decade? (SPONSORED POST)

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. A little-known, visionary biotech company is gearing up to release a potentially ground-breaking medical device that could help prevent strokes. It could help save six million lives a year—or a life every 4 […]