Household Finances Still In Good Shape Despite Deterioration Says Deutsche Bank
The average consumer’s household finances aren’t in as good as shape as they were, but Deutsche Bank economists still think consumers have enough buying power to keep the economic recovery chugging along steadily. Their recent study supports findings from another firm that also suggested consumers are doing pretty well. In February, Goldman Sachs concluded that […]
Strong Closes
A strong close Friday for stocks is what we wanted to see and tells me we remain setup for a breakout higher, but if not, it doesn’t take long to exit my positions. We still look good for higher and have a neutral reading in terms of overbought/oversold. Nice stuff from SPY who held the […]
A Chink In The Rally?-Market Overview
“If, however, as it is the case today, we are tracking an exceptionally strong counter-trend rally, we can assign a more liberal count to the trend and, in that case, we come up with 2058, 2070, and perhaps even 2080 before we reach a reversal point.” Last week, SPX reached a high of 2056.60 […]
Australian Dollar Versus United States Dollar Currency Cross Analysis: March 27, 2016
We look at the AUD/USD Currency Cross in this video. Will the AUD get back to parity with the USD? The AUD is off the 2016 lows, will it strengthen or weaken from here for the remainder of the year? This is the big question for currency traders after the rally off the January lows […]
Wall Street’s Week Ahead: Aeterna Zentaris, Micron Technology And BlackBerry Ltd.
While new market expansion and acquisitions are expected to play out well, differing revenue structures and supply/demand concerns could have an unfavorable effect on earnings. Here’s what to watch for this week from Aeterna Zentaris Inc. (USA) (NASDAQ:AEZS), Micron Technology, Inc. (NASDAQ:MU), and BlackBerry Ltd (NASDAQ:BBRY). Aeterna Zentaris Inc. (USA) Aeterna Zenaris will release earnings on Tuesday, March 29 after market close. For […]
March 28th Binary Options Trading Opportunities
During the Monday session, we only get Core PCE numbers, so quite frankly were not expecting much in the way of announcements to move the markets. With this being the case, it makes sense that the markets will simply follow previous moves. USD/CAD The USD/CAD pair did very little during the session on Friday, and […]
Forex Currency Score Classification For Week 13 / 27 March 2016
This article provides the Currency Classification for the coming weeks based on my analysis for the 8 major currencies. This is based on the technical analysis charts using the MACD and Ichimoku indicator on 4 time frames: the monthly, weekly, daily and 4 hours. The result of the technical analysis are the Currency Classifications charts in […]
E Nine Dow Stocks With The Most Bearish Charts
No matter how well or how poorly a stock index is performing, there are always laggards and leaders. Traditional advice would encourage investors to concentrate on the winners and avoid the losers (of course, the losers could also be shorted). Contrarians, who think the Dow is going to become more bullish, might want to follow […]
The Monthly Charts Are Confirming Bear Markets Are Done
The Oil and Transports’ charts are looking like there just can’t be lower lows even as Gold shows it may be in a baby bull market. Like I’ve been saying for a long time: It’s time for everything to rise together. Well almost everything. Like I’ve been saying for a long time: It’s time […]
