Day Of Consolidation
Not a whole lot to say about today. Small loses didn’t erode prior gains but the tight action offers swing traders the best chance for gain; trading the narrow range coil offers an attractive risk:reward. Long-term traders need to wait for an oversold condition before building their positions. The S&P is at channel resistance suggesting […]
GBP Volatility Leads The Day, USD Struggling At Top: SW Report
Strong Weak Analysis is a way to identify momentum in the FX market. Trend traders rely on spotting and riding momentum as it develops and looks to benefit from trends extending, as many do. It’s also worth noting when the strength of a trend is waning, which Strong Weak analysis can also benefit. Each day […]
Our S&P 500 Forecast Of 2125 Points Got Invalidated?
Every investor knows how it is to feel like a fool. We do, for sure if we look back at one of our recent forecasts in which we said that the S&P 500 Is Correcting Towards 2125 Points. The S&P 500 stock index went in the opposite direction, and is now trading at all-time highs. So, […]
ETFs In Focus As IMF Ups Global Growth Forecast
Global economic activity seems to be picking up as the International Monetary Fund (IMF) estimates 3.6% and 3.7% growth in 2017 and 2018, respectively, compared with 3.2% in 2016. The IMF raised its forecasts from the estimates released in April 2017 with easing global macro tensions and accelerating growth globally. With global economic recovery, […]
Gold Will Reach New Highs For The Year
(Audio length 00:11:41) Craig Hemke, Found and Editor of TFMetalsReport.com shares the reasons why he thinks gold will reach new highs for this year before year end. We also look at the precious metals stocks and if they will also move to new highs for the year.
Stocks And Precious Metals Charts – It’s A Livin’ Thing
Stocks were off a bit today, while the precious metals remained steady. The markets were perturbed a bit by the geopolitical events, as well as some new domestic disappointments with the triumph of corporatism in the form of tax relief at the expense of the working and middle class. President The Donald apparently figured out […]
Are You Better Off Than You Were 17 Years Ago?
We tend to measure what’s easily measured (and supports the status quo) and ignore what isn’t easily measured (and calls the status quo into question). If we use gross domestic product (GDP) as a broad measure of prosperity, we are 160% better off than we were in 1980 and 35% better off than we were […]
Japan ETFs In Focus As Nikkei Soars
Japan’s benchmark stock index Nikkei soared to a 21-year high owing to positive economic data, relatively low valuations, strong earnings and improved sentiment in the United States. The index increased 0.3% to its highest close since December 1996. This is expected to boost prime minister Shinzo Abe’s confidence as he is campaigning to convince voters […]
Bitcoin Price: New All-Time High One Month After The Crash
There we go again. The price of Bitcoin rises to all-time highs. Bitcoin in USD rallied to 5406 today, a rally of more than 8 percent in just one day. That happens exactly one month after Bitcoin and other leading cryptos crashed. Back then, everyone was bearish. At InvestingHaven we do not get influenced by what […]
