Category Archive: Finance, No picture
Gold Price Outlook Mired By Lower Highs & Lows, Bearish RSI Signal
GOLD TALKING POINTS Gold remains under pressure following the U.S. mid-term election, with the price for bullion slipping to a fresh monthly-low ($1204), and the precious metal stands at risk of extending the recent series of lower highs & lows as the Relative Strength Index (RSI) flashes a bearish signal. GOLD PRICE OUTLOOK MIRED BY LOWER […]
What Matters Most As Selling Heats Up
Stocks crater today led lower by AAPL, GS, and BA. Here are the key levels and markets to watch this week to know if the selling is over or just getting started. Watch the video newsletter update right now so the market doesn’t blindside you this week… (Video length 00:13:37)
AUD/USD Carves Bearish Sequence Following Failed Run At September-High
AUD/USD struggles to retain the advance from earlier this month as the Reserve Bank of Australia’s (RBA) quarter Statement on Monetary Policy (SMP) highlights a diverging path with the Federal Reserve, and the rebound from the 2018-low (0.7021) may continue to unravel as the exchange rate carves a fresh series of lower highs & lows. AUD/USD […]
World Markets Update – Monday, Nov. 12
Two of eight indexes on our world watch list have posted gains through Monday, November 12, 2018. The top performer this year is India’s BSE SENSEX with a gain of 2.96%. In second is our own S&P 500 with a gain of 1.97%. In third is Tokyo’s Nikkei 225 with a loss of 2.17%. Coming […]
Key Levels To Watch For Gold And The USD
Richard Postma (Doc) joins me today to share his thoughts on the gold sector and the US dollar. With the dollar breaking out and looking to continue this move it will weigh on the metals. There are also some key levels to watch for gold and GDX as we move to the end of the […]
Apple Cracks, Tech Sector, GE Hit By Weak Forecasts, Trump Blames Democrats
Apple and tech stocks started a decline with earnings weakness. The Dow went along for the ride. Trump blames Democrats. The Wall Street Journal reports U.S. Stocks Slide, Dragged Lower by Tech Sector The Dow Jones Industrial Average tumbled more than 400 points Monday as anxiety over the health of technology behemoths sparked a broad retreat […]
NZD/USD Weekly Technical Outlook– Kiwi Eyes Yearly Slope Resistance
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. The New Zealand Dollar has rallied nearly 5% off the yearly lows with price now targeting critical down-trend resistance. Here are the key targets & invalidation levels that matter on the NZD/USD weekly chart. NZD/USD WEEKLY PRICE […]
US Markets Selling Off, USD Breaking Out, And Liquidity Is Still Around
Chris Temple, Editor of The National Investor joins me to discuss the major market moves today. The US Dollar is further breaking out which makes sense when you look at the economic data and the hawkish Fed. As for the US markets the sell-off is picking up steam today, however, there are a couple sectors […]
