Sensex Ends The Day In The Red; Healthcare Stocks Slump
After opening the day marginally lower, share markets in India continued to witness selling pressure in the afternoon session and ended the day in red. Losses were seen across most sectors with stocks in the pharma sector and stocks in the FMCG sector, leading the losses. While stocks in the witnessed buying interest. At the closing bell, the BSE Sensex stood lower by […]
Bitcoin/Forex Signal – Wednesday, Sept. 6
Yesterday’s signals were not triggered as there was no bearish price action at $4389.93. Today’s BITCOIN/USD Signals Risk 0.75% per trade. Trades must be taken only until 5pm New York time today. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch of $4389.93 or $3974.75. Place […]
What Is Quadruple Witching And Can You Take Advantage Investing During It?
If you’re like me, you’re always looking for the best return on investment. Can trading around quadruple witching help you earn more? What is quadruple witching and can you use the phenomenon to your advantage when trading stocks? Should you even bother? Quadruple witching is the expiration of stock options and stock futures at the […]
Brexit Briefing: GBP Ignores The Noise, Benefits From Weak USD
The UK media have been full of stories this week about the Brexit timetable, UK access to EU research and development, immigration and the free movement of labor, efforts to lure businesses from London to other EU capitals and the divorce bill. Yet the British Pound and London stocks have sailed serenely through the noise, affected more […]
Book Review: Big Money Thinks Small
Joel Tillinghast, one of the best mutual fund managers, runs the money in Fidelity’s Low-Priced Stock Fund. It has one of the best long-term records among stock funds over the 28 years that he has managed it. The author gives you a recipe for how to pick good stocks, but he doesn’t give you a […]
AUD/USD: More Upside
AUD/USD Short-term Elliott Wave view suggests that the rally from 8/15 low is unfolding as a double three Elliott Wave structure. Up from 8/15 low, Minute wave ((w)) ended at 0.79957 and Minute wave ((x)) ended at 0.7868. Minute wave ((y)) is in progress and the subdivision also unfolds as a double three. Minutte wave (w) of ((y)) […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, Sept. 6
WTI Crude Oil The WTI Crude Oil market shot higher during the day on Tuesday, as hurricane Irma looks likely to wreak havoc in the Gulf of Mexico. That will grind production to a halt, and that should send markets higher, as there will be less supply in the short term. However, longer-term we still […]
Global Stocks Slide As Geopolitical Headwinds, Hurricanes Grow
Global risk sentiment remained gloomy coming into Wednesday, with global European and Asian stocks sliding on growing concerns about North Korea and political inaction in the US, another hurricane bearing down on the US and the American debt ceiling looming. Industrial metals dropped as the latest Chinese commodity bubble appears to have peaked. Shortly before […]
6 ETF Picks For September
As we exited a lukewarm August and stepped into the final month of Q3, the investing cohort must have shifted its focus to the likely market movement in September. This is especially true given the month’s cursed seasonality in the equity market. September is historically the worst month of the year for stocks. According to moneychimp.com, […]
Shift In USD/CAD Behavior To Gather Pace On Hawkish BoC Rhetoric
Trading the News: Bank of Canada (BoC) Interest Rate Decision The Bank of Canada (BoC) interest rate may yield a limited reaction as the central bank is expected to keep the benchmark interest rate a 0.75%, but the accompanying policy statement may heighten the appeal of the Canadian dollar should Governor Stephen Poloz and Co. show a greater […]
