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                        Markets: Divergence

E Markets: Divergence

There is positive divergence this Monday as markets expect little for the week in terms of economic news or big decisions. The focus is on central bankers with their minutes and their speeches going into the Fed Jackson Hole Symposium. This means that the news behind the news drives markets and there was plenty of it last […]
The Term Spread And Dollar Diverge

The Term Spread And Dollar Diverge

With the election, and anticipation of a large fiscal impulse (tax cut, infrastructure spending), the dollar rose and the term spread increased. As expectations of the latter disippated, both the dollar and spread shrank. But recently, the comovement has broken down. Figure 1: Ten year minus three month Treasury spread, % (blue, left scale), nominal trade-weighted […]
BTC/USD Forex Signal – Monday, August 20

BTC/USD Forex Signal – Monday, August 20

Last Thursday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time, over the next 24-hour period only. Long Trades Go long after a bullish price action reversal on the H1 time frame following the next touch $6,171 […]
Greenback Consolidates Pre-Weekend Pullback In Quiet Turnover

Greenback Consolidates Pre-Weekend Pullback In Quiet Turnover

The US dollar is slightly firmer against most of the major currencies, as the light participation and lack of fresh news see a consolidative tone emerge after the pullback at the end of last week. Although markets in Turkey are closed for a nearly week-long holiday, it has not prevented the lira from weakening. After […]
EURUSD Remains Bearish

EURUSD Remains Bearish

On EURUSD we see the price falling sharply since February when the pair have completed a corrective rally of a higher degree. Notice that there was a strong and extended leg down through April which fits as sub-wave three of an impulsive decline. As such, more weakness will be expected as fall should be made […]
Where Next For The Yen Index?

Where Next For The Yen Index?

For many of the yen pairs last week was one of volatile price action, with sentiment swinging from risk on, to risk off and back again as each day brought a fresh round of positive or negative news, and all of this was amply reflected on the daily chart of the yen index, which traded […]
SPY Shorts With M/T Focus Have Option To Sell Weekly Puts

SPY Shorts With M/T Focus Have Option To Sell Weekly Puts

Bulls put foot down on major US equity indices last week. They have the ball near term. Shorts with medium-term focus can sell weekly puts to raise the short price.   The greenback acts strong. The US dollar index (95.98) hit a 13-month high last week. The week before, it rallied past 95-plus, which provided […]
Sturm, Ruger & Co Is Back In The Hunt

Sturm, Ruger & Co Is Back In The Hunt

Today I’m reviewing a small-cap aerospace & defense firm named Sturm, Ruger & Company, Inc. Its trading ticker symbol is RGR. Sturm Ruger & Co Inc is engaged in the design, manufacture, and sale of firearms to domestic customers. The Company also manufactures and sells investment castings made from steel alloys for internal use in […]
USDCAD Daily Analysis – Monday, August 20

USDCAD Daily Analysis – Monday, August 20

USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3174 already. Deeper decline is still possible and next target would be at 1.2961 support. Resistance is at 1.3174, only a break of this level could trigger another rise towards 1.3250 area.
AMD’s Advance Sits On Weak Fundamentals, But With Room To Grow

AMD’s Advance Sits On Weak Fundamentals, But With Room To Grow

Back in the 1990s, processor speeds doubled nearly every year. As we hit the most recent decade, the increases in processor performance slowed the rate of real development to a crawl. What’s most interesting during this time period is the rise and fall of companies in the technology sector. Intel, being the behemoth that it […]