Category Archive: Finance, No picture
Weekly Economic And Political Timeline – Sunday, Nov. 11
This week is likely to see a little less activity compared to last week, with no real central bank input due for any major currencies. The most important data releases concern the U.S. Dollar and the British Pound. The market is likely to be most active on Wednesday and Thursday. Monday is a public holiday in the U.S.A. […]
Dow Jones’ Earnings Are At Record Highs
The Dow Jones saw some action this week. Wednesday, the day after the mid-term elections it advanced by 2.13% from its previous day’s closing price, our fourth day of extreme volatility since early October. Everyone was happy about the nice daily gain. But I’m only noting that days of extreme market volatility (Dow Jones 2% […]
Weekly Fundamental Forecast: As Political And Rate Decision Risks Ebb, Will Sentiment And Trade Wars Take Over?
The US mid-term elections and FOMC rate decision from this past week were noteworthy distractions for the markets, but they were not ultimately true course settings for the markets. The docket thins out next week, but open-ended themes from trade wars to Brexit to Italy’s budget can wrest back focus. Australian Dollar Forecast – Australian Dollar Can […]
Wanna Buy, Wanna Buy: Alibaba Singles’ Day Has Record $30.8 Billion Sales
Alibaba smashed its Singles Day sales record on Sunday with $30.8 billion in sales, over $1 billion in the first minute. Channel News Asia reports Alibaba Singles’ Day Tops US$30 Billion but Growth Rate Plunges. Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan (US$30.70 billion) in sales on Sunday during its […]
Oil Price Enters Bear Market Even As U.S. Crude Output Hits Record High
Fundamental Forecast for Crude Oil: Bearish CRUDE OIL TALKING POINTS Oil enters a bear market as the Organization of the Petroleum Exporting Countries (OPEC) shift gears to a ‘produce as much you can mode,’ and the current environment is likely to keep crude prices under pressure as the bearish momentum appears to be gathering pace. Oil prices have tumbled […]
DOTS In The Week Ahead: Divergence, Oil, Trade And Stocks
The Federal Reserve’s confidence in the economy and its need to continue to gradually increase interest rates stands in sharp contrast to most of the other major central banks.The European Central Bank will finish its asset purchases at the end of the year, but it is in no position to begin to normalize interest rates. […]
USDCAD Weekly Analysis – Sunday, Nov. 11
USDCAD extended its upside movement from 1.2782 to as high as 1.3021, breaking above the resistance level at 1.3226. A further rise could be expected and next target would be at 1.3385 resistance. Near term support is located at the rising trend line on the daily chart, only a breakdown below the trend line support […]
The Role Of Creative Insight In Trading Success
In the Trading Psychology 2.0 book, I outline several new frontiers for improving trading performance. One of the most interesting and promising is the enhancement of creativity. Simply put, the success of traders and investors rests on their ability to perceive unique, distinctive market opportunities that are not apparent to others. For the faster, shorter-term trader, […]
Weekly Commentary: Back To Fundamentals
The Dow (DJIA) jumped 545 points (2.1%) in Wednesday’s post-midterms trading. The S&P 500’s 2.1% rise was overshadowed by the Nasdaq Comp’s 2.6% and the Nasdaq 100’s 3.1% advances. Healthcare stocks surged, with the S&P 500 Healthcare Index up 2.9% (Healthcare Supplies index jumping 4.5%). Led by Amazon’s 6.9% (113 points!) surge, the S&P Internet […]
Weapon Sales Across The Globe Drive Safety & Security Theme
The 2018 $717 billion Department of Defense budget included more than 20,000 more troops, 90 new F-35s, a $4 billion missile defense system and the creation of the Space Corps as a new arm of the Air Force. That budget was big news for defense contractors here in the United States, but doesn’t tell the […]
