USD/JPY And AUD/USD Forecast – April 1, 2016
USD/JPY The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support to turn things around and form a hammer. This was preceded by a hammer on Wednesday as well, so it’s very likely that we will get a bit of a bounce at this point. Ultimately, the Nonfarm […]
No Sales, No Profits, No Bull: What Happens When Valuations And Central Banks Collide
Total business sales – sales by wholesalers, manufacturers and retailers – have fallen 5% from their July 2014 peak of $1.365 trillion. At $1.296 trillion for January 2016, total business sales have dropped back to where they were in January of 2013 ($1.293 trillion). In fact, the erosion of total sales by American businesses are even uglier […]
Put To Profits On Twitter
Twitter (TWTR) has been an incredibly interesting stock to watch, and I have to say, it’s baffling that there are still people that are bullish on the stock. The truth is that throughout the majority of its history on the market, Twitter has been falling, and recently, the declines have gotten bigger and bigger. Today, […]
Short-Term Top Coming With Employment Report?
If there is ever going to be a spot for a short-term top in this stock market, in this case a daily cycle top, today’s employment report should be it. Clearly, the market has been discounting a good number, and for the most part the jobs numbers have been coming in bullish for some time, […]
Non-Farm Payroll Numbers And More To Be Released Today
Non-farm payroll numbers are due out today and they should meet Fed expectations. The US labor market has stood out among a faltering US economy, but it may not be enough for Janet Yellen and her colleagues to warranted a second interest hike just yet. Unless there is a significant pickup in the low inflation […]
A Beginner’s Guide To Hedging
When you open a position in a currency pair, you obviously want the price to move in the right direction. For example, if you take a long position in EUR/USD, you want the euro to rise against the US dollar. However, if the euro falls against the greenback, then you stand to lose money. Hedging […]
EUR/USD And GBP/USD Forecast – April 1, 2016
EUR/USD The Euro rose during the course of the session on Thursday, breaking above the top of the shooting star from the Wednesday session, sending this market looking towards the 1.14 level. Any pullback at this point in time should be thought of as value. We could very well get that pullback though, based upon […]
Markets In Review For The Close Of 1st Quarter 2016
The one thing about the model is that when you have a consistent system that is running on absolutely everything around the world, you can simply look at this dispassionately and just everything by the same standards. From gold, Euro, Canadian Dollar, Dax, and many other markets, we generally moved to Monthly and/or Quarterly Reversals […]
Here’s Why U.S. Oil Imports And Inventories Are Both Rising
U.S. crude oil inventories are near record highs. At the same time, U.S. oil imports are up almost 1 million barrels per day from last year. CNBC wanted to know why, so they invited Dr. Kent Moors to yesterday’s Power Lunch. There, Kent explained it all boils down to one simple thing… And he also […]
March Was Profitable
Well… that was one crazy month…one crazy quarter! In fact it was the first time a quarter sold off more than 10% and finished in the green overall. To say the least, it was a historic quarter, and highly unlikely we’ll see anything remotely close to it for the rest of the year. That doesn’t […]
