Category Archive: Finance
Headline Risk
My Swing Trading Approach I didn’t add any new trades to the portfolio yesterday, but may look to do so on the morning weakness we are seeing so far in the pre-market. I will also be increasing my stops-losses on my existing and profitable positions. Indicators Volatility Index (VIX) – The indicator managed to reverse course […]
AUD/USD Shooting Star Might End The Consolidation
Source: Admiral Markets MT5 with MT5SE Add-on The AUD/USD broke below the consolidation pattern that started a retracement. The Shooting start that was formed at the W H4 could end the retracement spurring another short sell. The rejection from the POC zone ( 0.7340-60) targets 0.7300, 0.7260 and will eventually reach 0.7196. W L3 – Weekly Camarilla Pivot (Weekly Interim […]
3D Systems Is Ready To Make A Big Move Up
3D Systems (DDD) has been on a roll since pushing out from under the thumb of sellers in early May. Note the strong chart formation as the stock has rallied more than 100% since the spring lows. Solid turnover and price action with higher lows and higher highs have put this stock at levels not seen […]
Existing Home Sales Tumble As Home-Buying Sentiment Hits Lehman Lows
After June’s dismal US housing data, hope was high for a rebound in July but it was crushed as existing home sales tumbled 0.7% MoM (against expectations of a 0.4% jump). This is the longest streak of declines since the taper tantrum in 2013. Single-family home sales fell 0.2% MoM (-1.2% YoY) to an annual rate of […]
60 Second Snapshot: Gold Is A Crowded Trade
Gold is a crowded trade and this week futures on the yellow metal turned net short for the first time since April 2001. I will give you an explanation on why traders have turned bearish on gold and how the U.S. dollar has remained strong, even though indicators show it is overbought. Federal Reserve Chairman […]
EURUSD: Bullish, Sees Further Upside Pressure
The EURUSD pair followed through higher on a rally on Tuesday opening the door for more strength in the days ahead. On the upside, resistance comes in at 1.1600 level with a cut through here opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where a […]
RBC Capital: 6 ‘Top Stock Picks’ To Go Long
RBC Capital’s Mark Mahaney is one of the Top 25 analysts ranked by TipRanks. This is out of over 4,800 analysts. And he has now released a very valuable report setting out his top 6 Internet stock picks. These ‘Top Stock Picks’ are split between Top Large Cap Longs and Top Small Cap Longs- and the report has […]
Trading The Global Future – Bad Timing
This is the first of a three-part series. In less than two years, the Trump administration has undermined more than seven decades of U.S. free trade legacies. That is both a reflection of and a catalyst for the further erosion of globalization. Yet, these trade wars did not come out of the blue. The path […]
US Small Cap Stocks Continue To Set New Highs
The S&P 500 briefly traded in record territory yesterday before closing just below an all-time peak. Small-cap stocks, however, had no trouble setting new highs. The Russell 2000, a widely followed small-cap benchmark, pushed further into record territory on Tuesday, August 21. The S&P 600, another popular small-cap index, also set a new all-time high. […]
What Next For Sugar As It Reaches A 10-Year Low?
Sugar is an important product used by more than 6 billion people every day. It is used at home and in industries which manufacture confectionary, food products, and beverages among other products. Most of the world’s sugar is produced in countries like Brazil, India, China, and Thailand. Sugar manufacturing process is often expensive and often, […]
