BTC/USD Forex Signal – Wednesday, Nov. 15
Yesterday’s signals were not triggered, as none of the key levels were reached during the specified time. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken between 8am London time and 5pm New York time today only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the […]
Top 3 Tools For Tracking Momentum
As an options trader, I follow many technical indicators to guide my trading: Price, volume, option flow, sentiment and momentum (for individual stocks and indices). By tracking momentum, I can see powerful moves set up ahead of time. Ideally, I get on board just before these surges happen. But isn’t that market timing? As you know, I think that trying to […]
AUD: No Money, No Money – Falling On Wages
Australian wages are not going anywhere fast. They advanced by 0.5% q/q in the third quarter, the same as in Q2 but lower than 0.7% expected. Year over year, salaries advanced by 2%, also below 2.2% that was predicted. AUD/USD dropped to below the 0.76 level. The pair slipped to lower ground yesterday but managed to recover. […]
Sweden: The World’s Biggest Housing Bubble Cracks
Sweden’s property bubble is probably the world’s biggest, despite which it gets relatively little coverage in the mainstream financial media – although that might be about to change. Warnings about this bubble are not new. In March 2016, Moody’s issued a very explicit warning that Sweden’s negative interest rates were propagating an unsustainable housing bubble. The central banks […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, Nov. 15
WTI Crude Oil The WTI Crude Oil market fell significantly during the trading session on Tuesday, reaching towards the $55 level for support. We did find it by the end of the day, but with today being the inventory announcement coming out of the United States, it’s likely that we will continue to see volatility. […]
Is This Why Productivity Has Tanked And Wealth Inequality Has Soared?
Needless but highly profitable forced-upgrades are the bread and butter of the tech industry. One of the enduring mysteries in conventional economics (along with why wages for the bottom 95% have stagnated) is the recent decline in productivity gains (see chart). Since gains in productivity are the ultimate source of higher wages, these issues are related. […]
Should You Own Best Buy (BBY) Ahead Of Earnings?
Video length: 00:45:33 On Thursday, November 16th, Best Buy (BBY – Free Report) will release its third quarter earnings results before the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of A. Dave will look at Best Buy’s past earnings, take a look at what is currently going […]
Sector Showcase: Subdued Bond Yields Continue To Cap Financials
The “fat cat bankers” of Wall Street have seen some of that fat trimmed off them so far this month. The financial sector ETF, XLF, is the worst performer of all the major sector ETFs, shedding more than 2% on the month to date. This performance is particularly disappointing compared to defensive sectors like consumer staples […]
EUR/USD: U3 MA Line Providing Resistance
Previous: On Tuesday, November 14, trading on the euro/dollar pair closed up at around 1.18, with an intraday range of 140 pips. The euro rose thanks to positive data from Germany and the Eurozone, growth on the euro crosses, and a decline in US 10Y bond yields. The dollar showed some mixed dynamics against the […]
