USD/JPY Leaning Lower – Forecast June 5-9
Dollar/yen dropped as the page turned into June, reflecting the dollar’s weakness. Here is an outlook for the key levels to watch on the pair with a note of key movers. We cover the top fundamental news and outlook, a technical analysis on the daily chart and finally sentiment for the pair moving forward. USD/JPY fundamental movers […]
Trading Support And Resistance – June 5
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 11 years of Forex prices, which show that the following methodologies have all produced profitable results: · Trading the two currencies that are trending the most strongly […]
The Easy Money Is In The Stock Market
I can’t stress this enough. The easy money over the next year or so is going to be made in the stock market. Allocate most, if not all, of your capital to that sector if you want to have a lot more money in your account by this time next year. I would only use […]
ETF Momentum Rankings — June 4
The most recent Friday ranking is shown in the column labeled WkBk0. WkBk0 represents a non-trade day (only important in the sense that it is not acted upon for backtesting purposes). The last “official” trade-day was WkBk1, a week earlier. ETF Momentum Rankings — Commentary Movement in the last week’s ETF momentum rankings has been minimal. Only […]
ETF Watchlist: Week Of June 5
The bull market roared on this week as it shook off a weak May jobs report to continue pushing higher. The S&P 500 added another 1% while the tech-heavy Nasdaq continued its market leadership gaining 1.5%. The S&P 500 is now up around 9% on the year with the Nasdaq up 17%. The economic data […]
Political Showers Bring Record May Stock Flowers
There has been a massive storm of political rain that has blanketed the media airwaves and internet last month, however, the stock market ignored the deluge of headlines and focused on more important factors, as prices once again pushed to new record highs. Over the eight-year bull market, the old adage to “sell in May, […]
Which Stocks Are Five-star Insiders Buying And Selling Right Now?
Tracking corporate insiders brings an interesting dimension to investing inspiration. Insiders, it’s hoped, have a far more accurate perception of a stock’s outlook than the market due to their personal involvement in the running of the company. If insiders are buying shares in a stock with their own money it can be a good indication […]
Which Currency Pairs Should I Trade?
One of the biggest mistakes made by many Forex traders is not understanding that deciding correctly what to trade, and in which direction, is 90% of the battle to turn a profit. Unfortunately, too many traders focus on trying to perfect entry methods, not realizing that if you correctly pick what is going to up […]
This May Be “The Scariest Chart” In The World
Were you looking for another reason to be wary of US equities? And by “another reason” I mean in addition to ridiculous multiples, the growing disconnect between stocks and the flattening yield curve, the fact that a handful of names are responsible for a historically disproportionate percentage of the YTD return, the possibility that a sudden spike […]
GBP/USD Forecast June 5-9
GBP/USD reversed directions and gained 70 points. The pair closed at 1.2882. This week’s key events are Services PMI, the parliamentary election and Manufacturing Production. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD. In the UK, manufacturing and construction PMIs continue to point to expansion. Over in the US, the […]
