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Forex Forecast: Pairs In Focus – Sunday, September 2

Forex Forecast: Pairs In Focus – Sunday, September 2

The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
World Stocks Have Underperformed The US By The Most Since The Financial Crisis

World Stocks Have Underperformed The US By The Most Since The Financial Crisis

Last week we noted that something odd was going on in global markets: in recent months, a near record divergence has opened up in the performance of risk assets, which previously was only observed during recessions. As the S&P 500 marched towards its record bull market and a new all-time high, EM equities, copper and European banks were […]
Models’ Updates: Sunday, September 2

Models’ Updates: Sunday, September 2

Here’s what my various trading models are saying about the U.S. stock market right now. The Medium-Long Term Model states that you should be long stocks right now. We are in a “big rally in a bull market”. The next “big correction” or “bear market” is at least months away. The 17.2% trading model for newsletter subscribers states that […]
Toward ‘America First’ NAFTA

Toward ‘America First’ NAFTA

Despite the Trump administration’s frantic last-minute efforts to hammer the NAFTA agreement, the attempt failed within the US timeline, so the talks continue. Why is the revised deal so important to the White House? Last Friday, the trade talks between the United States and Canada broke off without an agreement. The negotiations on the revised […]
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                        Investors In Emerging Markets Worry As The Contagion Spreads

E Investors In Emerging Markets Worry As The Contagion Spreads

It began with Turkey and now it has started to spread as emerging market currencies tumbled last week. The markets were rattled yet again as the Turkish lira, the Argentine peso, the Indonesian rupiah and the Indian rupee all fell to recent lows. The negative sentiment is weighing on other Asian currencies and investors are […]
Is The Strengthening Of British Pound Temporary? ETF In Focus

Is The Strengthening Of British Pound Temporary? ETF In Focus

The British pound touched its highest level since Aug 3 as an official from the European Union indicated progress in the Brexit deal. Sterling rose 1.2% on Aug 29, its biggest rise in the past two months. There has been a deadlock between the Britain Government and the European Union Member states on the issue […]
September Of The Flying Pigs

September Of The Flying Pigs

Depending on who you listen to, September is either ripe for a continuation of the record rally in U.S. equities or a potential minefield thanks to risks emanating from, among other things, i) a fresh escalation in the trade war with China, ii) the likelihood of renewed turmoil in the Italian bond market due to a budget battle between […]
COT Report: Speculators Increase Their Bets Against The British Pound

COT Report: Speculators Increase Their Bets Against The British Pound

In  this week’s Commitments of Traders Report, notable changes in speculator positions in major currencies and commodities are fairly limited. The most substantial changes can be seen in the British pound and the Swiss franc. Speculators significantly increased their bets against the British pound, while reducing their bets against the Swiss franc this week. Looking […]
Erdogan Vows To Abandon Dollar, “Doesn’t Need Permission” To Buy Russian Missiles

Erdogan Vows To Abandon Dollar, “Doesn’t Need Permission” To Buy Russian Missiles

Another day, another angry rant by Turkish President Recep Tayyip Erdogan aimed at the US, who on Sunday vowed Ankara would abandon the dollar in transactions with Russia and other countries, accusing the US of behaving like “wild wolves.” “America behaves like wild wolves. Don’t believe them,” Erdogan told a business forum during the Turkey-Kyrgyzstan […]
What We’re Watching At The Citi Tech Conference

What We’re Watching At The Citi Tech Conference

The Citi Global Technology Conference this Wednesday and Thursday is timely. We’re two months into the third quarter. Third quarters are important in tech because you have the build for the holiday season. Investors will be looking for any hints from management how trends are progressing. Here’s some of the things we’re looking for. General Body Language Frankly, […]