Creating Easy Income Throughout Retirement
Retirement is a tricky thing to arrange. There are so many ways to approach it, whether through wealth, government assistance, increased frugality, or easy/passive income options. Passive income is the one we want to focus on, partially because it’s getting so much attention recently from people who are not even close to retirement. There are […]
Gold Clout, Dollar Rout, Tax Bill Doubt
Through Thursday of this past week, Gold for all the world was yet again reprising its rendition of “Nowhere Man” –(The Beatles, ’65), apparently en route to a fourth consecutive weekly net change of less than 10 points. But then come Thursday evening was the termination of the “Sell the rumour” (from back in mid-October’s […]
GBP/USD Weekly Analysis – Sunday, November 19
GBP/USD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the fall from 1.3657 could be treated as consolidation of the uptrend and another rise to the falling trend line on the weekly chart is still […]
Weekly Economic & Political Timeline – Sunday, November, 19
This week will see a heavier yet still relatively light news agenda, with the key items coming as Central Bank input for the U.S. and Australian Dollars and the British Pound, as well as the Euro to a lesser extent. The market will probably be most active on Wednesday. It is a public holiday in […]
Week In Review: How Trump’s Policies Moved Stocks – Sunday, November, 19
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. TIME WARNER: President Donald Trump, who has often been critical of news network CNN since he began […]
Weekly Forex Forecast – Sunday, November 19
NZD/USD The New Zealand dollar has had a rough week yet again, testing the 0.68 level. I believe that if we break down below the lows of the week, we will continue the downward pressure. Any rally at this point in time will probably face a significant amount of resistance near the 0.70 level as […]
Weekly Trading Forecast: US Politics May Trump Economics Again
Financial markets are likely to remain at the mercy of US politics despite a flurry of speeches from key central bankers and several big-splash releases on the economic calendar. US Dollar Forecast: Politics to Overshadow Yellen Speech, FOMC Minutes The US Dollar is likely to remain at the mercy of politics-driven volatility as inflationary fiscal stimulus prospects […]
EUR/USD Weekly Analysis – Sunday, November 19
EUR/USD broke above the falling trend line on the daily chart and is now facing 1.1879 resistance. A breakout of this level will confirm that the downside movement from 1.2092 had completed at 1.1554 already, then further rise towards 1.2092 previous high could be seen. Above this level could signal resumption of the uptrend from […]
Above The 40 – The Stock Market Sharply Switches To A Bullish Divergence
AT40 = 47.9% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 54.6% of stocks are trading above their respective 200DMAsVIX = 11.4Short-term Trading Call: cautiously bullish Commentary The S&P 500 (SPY) failed to follow-through on Thursday’s snapback rally, but a bullish divergence kept the short-term prospects looking good. While the index gapped down and fell […]
World Stocks Mixed As Global Market Rally Loses Momentum
Global financial markets ended the week on a mixed note. In the US, the Dow industrials ended the week down 0.4%, while the S&P 500 declined 0.1%. It was their biggest two-week declines since mid-August, when worries about rising tensions between North Korea and the US weighed on stocks. Debate over the prospect of a significant […]
