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Global Markets Rebound On Renewed Trade Hopes, Oil Slides For Record 12th Day

Global Markets Rebound On Renewed Trade Hopes, Oil Slides For Record 12th Day

After Monday’s vicious Veteran’s Day selloff, which took place with the cash bond market closed, world markets have regained their footing as European stocks and S&P 500 futures are higher, recovering some of the previous session’s losses on renewed hopes (how many times have we heard this) for progress in the U.S.-China trade dispute following a report that China’s […]
Gold Forecast: New Test Of The $1200 Level

Gold Forecast: New Test Of The $1200 Level

The strength of the US dollar pushed the gold prices to the 1207 level per ounce, the lowest level for gold for a month. The Federal Reserve is fixed on continuing the interest rate rise, and therefore, the US dollar strength resumed, increasing the bearish pressure on gold. The gold didn’t enjoy recent gains which […]
Weak Turn-Around Tuesday

Weak Turn-Around Tuesday

Overview: The US dollar has a heavier bias against most of the major and emerging markets currencies, but the pullback is shallow, and the greenback’s underlying strength is still evident. Asian equities were mixed. Concern that Apple may be reducing orders weighed on suppliers, but news that China and US trade talks are resuming boosted sentiment, […]
Piper Sees ‘Significant Value’ In LivaNova Pipeline, Boosts Target To $145

Piper Sees ‘Significant Value’ In LivaNova Pipeline, Boosts Target To $145

After spending “several weeks” assessing LivaNova’s known product pipeline in four key areas, Vagus Nerve Stimulation for treatment-resistant depression and congestive heart failure, along with ImThera for obstructive sleep apnea and Caisson for mitral valves, Piper Jaffray analyst Matt O’Brien believes the value of the company’s portfolio today is $117 per share. This roughly doubles […]
Sensex Ends 331 Points Higher; Oil & Gas Stocks Witness Buying

Sensex Ends 331 Points Higher; Oil & Gas Stocks Witness Buying

After opening on a negative note, share markets in India witnessed buying interest during closing hours and ended the day on a positive note. Sectoral indices were trading on a positive note with stocks in the oil & gas sector and capital goods sector leading the gains. At the closing bell, the BSE Sensex stood higher by 331 points (up 1%) and the NSE […]
Indices Under Pressure – Again – Bulls Need To Defend Recent Lows

Indices Under Pressure – Again – Bulls Need To Defend Recent Lows

Major US equity indices are once again under pressure, likely eyeing recent lows. In the event they are not breached, options can offer an opportunity for nimble traders.   Bears were looking at decent odds to get aggressive last week. The rally that began late October came to a screeching halt a week ago (Chart […]
USD/CAD Daily Analysis – Tuesday, Nov. 13

USD/CAD Daily Analysis – Tuesday, Nov. 13

USD/CAD extended its upside movement from 1.2782 to as high as 1.3248. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3300 area. Near-term support is at 1.3170, below this level could bring the price […]
Oil Just Keeps Delivering – So Enjoy The Ride!

Oil Just Keeps Delivering – So Enjoy The Ride!

It’s often hard to find trading opportunities which just deliver, and keep delivering, but for oil this has been the case over the last few weeks, and this was no different yesterday, with the WTI futures as the price of oil fell once more, and offering straightforward, low risk, high return trading opportunities in all […]
EUR/USD: Pressure On The Single Currency Won’t Ease Up

EUR/USD: Pressure On The Single Currency Won’t Ease Up

Previous: On Monday the 12th of November, trading on the EUR/USD pair closed down. The euro shed 1% against the greenback to reach 1.1216. This was facilitated by a strengthened dollar, in addition to increased demand for the safe haven assets. Investors are concerned over US-Sino trade relations, as well as the uncertainty over Italy and […]
Stocks For You To Swing-Trade: CRM, LB, AVY

Stocks For You To Swing-Trade: CRM, LB, AVY

Tuesday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Long Salesforce (CRM)   Long L Brands (LB) Long Avery Dennison (AVY)