Archives by Month:

Archives by Year:

EUR/USD Suffers From Brexit, Cannot Rise

EUR/USD Suffers From Brexit, Cannot Rise

EUR/USD’s gains are limited by fears that the Brexit deal could be derailed. US retail sales, speeches by Fed officials, and Brexit are set to dominate.  The technical picture is improving for the pair. EUR/USD is trading above 1.1300 but off the highs. Brexit is dominating the headlines. UK PM Theresa May managed to pass the […]
Odds On A Trade Truce: Soybean Edition

Odds On A Trade Truce: Soybean Edition

The gap between US and Brazil soybean prices is (finally) shrinking: Source: CNBC. CNBC notes: “Narrowing US-Brazil soybean price differentials imply greater market optimism on the potential for a Trump-Xi trade deal or at least a de-escalation of US-Sino trade tensions in advance of the G20. This positive sentiment stands somewhat in contrast to other asset markets, […]
WTI Crude Oil And Natural Gas Forecast – Thursday, Nov. 15

WTI Crude Oil And Natural Gas Forecast – Thursday, Nov. 15

WTI Crude Oil The WTI Crude Oil market has rallied a bit during the trading session on Wednesday but gave back much of the gains. However, we are above the $55 level in this the first sign of perhaps seeing a bit of stability. I think at this point; the market will perhaps trying to […]
VIX-To-VXV Continues To Stay Overbought – Signal Or Noise?

VIX-To-VXV Continues To Stay Overbought – Signal Or Noise?

For a change, the VIX-to-VXV ratio has managed to stay overbought longer than what has normally been the case. Signal or noise? We need more time before we have a definitive answer. If it is the signal, equity bulls in due course may be in for a rougher time ahead. It is possible the VIX-to-VXV […]
AUD/USD Daily Analysis – Thursday, Nov. 15

AUD/USD Daily Analysis – Thursday, Nov. 15

AUD/USD’s bounce from 0.7164 extended to as high as 0.7278, breaking above 0.7250 resistance. Further rise towards 0.7302 previous high is possible and a breakout of this level could take the price to 0.7350 area. Support is at 0.7200, only a breakdown below this level could trigger another fall towards 0.7100.
E
                                                
                        CenterPoint Delivers Gas, Electric & Energy Services

E CenterPoint Delivers Gas, Electric & Energy Services

This week I’m seeking the one and only dividend-paying stock from the utilities business sector for my Ivy portfolio.  That utilities sector has five industries including diversified, independent, regulated electric, regulated gas, and regulated water.  Today I’m reviewing a Large-cap regulated gas company, named CenterPoint Energy Inc. Its trading ticker symbol is CNP. CenterPoint Energy Inc […]
Gold Oil And Commodities… Back To The Future?

Gold Oil And Commodities… Back To The Future?

Before we look at tonight’s charts I would like to take a minute to discuss trading the three X leveraged ETF’s. Leveraged ETFs aren’t for everyone as they can be very volatile. These instruments are for those that can take a bigger risk and still come out OK when they go against you. For the […]
Gold Rises As Traders Seek Haven From Falling Stocks

Gold Rises As Traders Seek Haven From Falling Stocks

Gold prices ended Wednesday’s session up $8.29 an ounce as investors sought haven assets amid a weaker tone in riskier markets. World stock markets were mostly weaker yesterday. U.S. equity markets closed lower as declines in technology and internet stocks weighed on the main indexes. A lower U.S. dollar index also worked in favor of […]
Australian Dollar: Another Strong Jobs Report Paints A Bullish Hue

Australian Dollar: Another Strong Jobs Report Paints A Bullish Hue

It has been a while since I took note of the impact of economic numbers on the Australian dollar (FXA). For most of this year, I have instead been a lot more focused on what the Australian dollar, combined with the Japanese yen (FXY), might be saying about risk attitudes in financial markets. Today, I finally […]
There Is Nothing Cryptic In The Cryptocurrencies Crash

There Is Nothing Cryptic In The Cryptocurrencies Crash

Crypto land has taken a good beating this week…so far all major cryptocurrencies are strongly negative for the week, in some cases losing more than 15% just for this week. Major technical breakdowns have occurred and traders using technical analysis would have been saved if they followed basic trading rules. But this is not the […]