Category Archive: Finance, No picture
Models’ Update: Sunday, August 5
Here’s what my various trading models are saying about the U.S. stock market right now. The Medium-Long Term Model states that you should be long stocks right now. We are not in a “big correction” or “bear market”. This is still a “big rally in a bull market”. The next “big correction” or “bear market” is at […]
Upcoming Earnings To Watch: DIS, FOXA, SNAP
The week of July 30 was another busy one during second-quarter earnings season. Apple AAPL blew investors away on its way to its historic $1 trillion market cap, while Tesla TSLA continued its polarizing ways. All of the FANG stocks have now reported, but the week of August 6 is full of big names as well. Apple’s quarterly earnings […]
USD/CAD Weekly Analysis – Sunday, August 5
USD/CAD’s downside movement from 1.3385 extended to as low as 1.2967. A further decline is still possible in a couple of weeks and the next target would be at bottom support trend line of the rising price channel on the daily chart. Resistance is at the bearish trend line, only a clear break above the […]
