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Chart: Policy Uncertainty Surges In China

Chart: Policy Uncertainty Surges In China

Every now and then you come across a chart that makes you do a double take, and I think this is one of those. It shows the “Economic Policy Uncertainty Index” for China, and in case you need a hint – the indicator shows a spike in policy uncertainty in China.  Basically, you have a […]
Municipal Bonds For The Retail Investor

Municipal Bonds For The Retail Investor

A municipal bond (muni), is a debt security issued by a state, municipality, county or municipal entity to finance its capital expenditures (including construction projects) or for general financing of that municipality. The size and scope of this market is impressive. There are over 50,000 different issuers of municipal bonds, resulting in over 1 million different issues […]
Bitcoin Daily Forecast – Friday, August 10

Bitcoin Daily Forecast – Friday, August 10

BTC/USD The Bitcoin markets rallied a bit during the trading session on Thursday but did not overtake the selloff from the previous session on Wednesday. The $6000 level continues to be very supportive, which is where the buyers have drawn a line in the sand. However, we have continued to make lower lows, which of […]
Tesla Trendline

Tesla Trendline

With all the madness circling Tesla these days, I thought we’d take a look at the chart of the company’s stock. In particular, take note of that green trendline, which had been inviolate for years. It was challenged at times (see arrow), but it was only recent broken to the downside. Looking closer, you can see […]
Stocks Outlook – Friday, August 10

Stocks Outlook – Friday, August 10

Thoughts The NYSE Composite is falling. NOT bearish for the U.S. stock market. This is about to become the longest economic expansion in U.S. history. Here’s proof that economic expansions and bull markets don’t die of old age. Initial Claims are still trending lower. A medium-long term bullish sign for the stock market and economy. […]
After Crashing To A 13-Month Low, EUR/USD Eyes 1.1370

After Crashing To A 13-Month Low, EUR/USD Eyes 1.1370

The EUR/USD collapsed under 1.1500 and is already getting closer to 1.1400. What levels should we watch out for? The Technical Confluences Indicator shows that the pair has some support at 1.1440 which is the convergence of the Pivot Point one’week Support 2 and the Fibonacci 161.8%. Further down, 1.1370 is the Pivot Point one-month Support 3 which could provide some support. Even […]
Crude Oil And Gold Price Moves May Hinge On US, Japan Trade Talks

Crude Oil And Gold Price Moves May Hinge On US, Japan Trade Talks

Crude oil prices attempted a tepid recovery yesterday following the prior session’s brutal sell-off. The move higher was swiftly aborted however as worrying geopolitical news flow – notably from Russia and Turkey – triggered a selloff in emerging market assets and broadly soured investors’ mood. The sentiment-sensitive WTI benchmark retreated from intraday highs to close with a narrow loss. […]
USD/JPY Bearish Breakout After Pullback In Downtrend Channel

USD/JPY Bearish Breakout After Pullback In Downtrend Channel

USD/JPY 4 hour Source: Admiral Markets MT5 with MT5SE Add-on USD/JPY motive wave The USD/JPY bearish channel is staying within the support and resistance trend lines, which probably makes it a wave C (pink). However, price will need to break below the bottom of wave A (pink) before any bearish continuation can be confirmed. The support trend line is […]
AUDUSD Daily Analysis – Friday, August 10

AUDUSD Daily Analysis – Friday, August 10

AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall to test 0.7310 would likely be seen in the coming days, a breakdown below this level could trigger further downside movement towards 0.7200 area. Resistance is at 0.7400, only break above this level could bring the price back towards 0.7483 […]
Sensex Opens Lower; Jet Airways Slumps On Deferment Of Q1 Results

Sensex Opens Lower; Jet Airways Slumps On Deferment Of Q1 Results

Asian stock markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.6% while the Hang Seng is down 0.5%. The Shanghai Composite is trading down by 0.1%. Meanwhile, the S&P 500 and Dow ended down slightly on Thursday as gains in Apple and Amazon were offset by losses in energy and financial shares. Back home, India share markets have […]