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Mid Term Elections – Who Wins Or Loses?

Mid Term Elections – Who Wins Or Loses?

In Best Stock Charts this week we discuss those stocks and sectors which will both benefit and get hurt by a turnover of the House of Representatives to the Democrats. We also discuss our performance trading this recent stock market correction both to the short side and then building long positions as the stock market […]
US Dollar Likely To Rise As The Midterm Elections Outcome Emerges

US Dollar Likely To Rise As The Midterm Elections Outcome Emerges

US DOLLAR FUNDAMENTAL FORECAST: BULLISH Midterm elections to overshadow status-quo Fed policy announcement Baseline bets favor divided Congress, which may boost the US Dollar Fears of political clash may send USD lower if the full Congress flips The week ahead will mark the rare occasion when a monetary policy announcement from the Federal Reserve is not the focal […]
Hopes For An Imminent Brexit Deal Could Send GBP/USD Higher With A Gap

Hopes For An Imminent Brexit Deal Could Send GBP/USD Higher With A Gap

The Sunday Times reports that preparations for a deal are far more advanced. Despite denials, expectations are rising toward a cabinet meeting on Tuesday. The GBP/USD could kick off the week with a weekend gap. Following up on previous reports of progress in talks, the Sunday Times reported that preparations for a deal “are far more […]
Off With Whose Heads – The Bulls Or Bears?

Off With Whose Heads – The Bulls Or Bears?

A little background on how I find inspiration to write the Daily each day. It begins with my taking a photograph with my iPhone of something I think might be useful at a future date. A metaphor if you will. Then, I scroll through the photos saved and stop at one that seems appropriate to use given […]
Stocks, Trade And The Fed In The Week Ahead

Stocks, Trade And The Fed In The Week Ahead

Last month’s downdraft in equities spooked investors. The fear that is often expressed is that the end of the business cycle may coincide with the end of a credit cycle and a return to 2008-2009 crisis. It seems like an increasing number of economists agree with the sentiment expressed by President Trump that the Fed is too […]
Weekly Forex Forecast – Sunday, Nov. 4

Weekly Forex Forecast – Sunday, Nov. 4

The New Zealand dollar spent most of the week rallying, slamming into the 0.67 handle. However, the Friday candle ended up forming a shooting star, which, of course, is a negative sign. With that being the case I suspect that the market is probably going to spend some considerable time to the downside this coming […]
Weighing The Week Ahead: Storm Warnings

Weighing The Week Ahead: Storm Warnings

We have a normal economic calendar. Tuesday’s election will take center stage. Markets have less than expected interest in the election. Partly this reflects confidence in a split outcome, with no major policy changes. I expect pundits, especially if encouraged by early-week trading, to focus on the signals from volatility and markets declining below technical […]
Gold Forecast: Mid-Term Election May Provide Catalyst For Topside Breakout

Gold Forecast: Mid-Term Election May Provide Catalyst For Topside Breakout

  Fundamental Forecast for Gold: Neutral GOLD PRICE ANALYSIS AND TALKING POINTS: A choppy week saw gold prices close the week flat US Mid-Term Elections and Federal Reserve on the Agenda Gold prices saw a relatively choppy week with the precious metal hitting lows of $1211 before retracing back towards $1230, which in turn saw the precious metal […]
Custom Everything (The Slow, Painful Death Of Mass-Market Goods)

Custom Everything (The Slow, Painful Death Of Mass-Market Goods)

  In the early part of the 20th century, three industries – mass manufacturing, mass distribution, and mass communications – completely reshaped consumer behavior. The transition from artisanal goods to modern mass production is the stuff of legend. I remember being awestruck when I toured a Coca-Cola bottling plant with my sixth-grade class. The manager […]
Short Term Bearishness On EURUSD Remains Valid With More Weakness

Short Term Bearishness On EURUSD Remains Valid With More Weakness

Short term bearishness on EURUSD remains valid with more weakness expected in the new week. This is coming on the back of its past week’s flat close.  Support lies at the 1.1350 where a violation will aim at the 1.1300 level. A break below here will aim at the 1.1250 level. Further down, support lies […]