Having made its warning to the Fed loud and clear (“if you hike or otherwise push the USD any higher, we will crush your markets by devaluing the Yuan against everyone but mostly the USD“), the PBOC continued the fragile
January 14, 2016
Today’s Simple, Logical, SPX Trade! Here is the trade I took today with subscribers or my trading alert newsletter. Review the chart below for an idea of what my analysis was showing. This was a quick and painless counter trend trade
Bad stuff happens. There is no getting around it. No denying it. No pretending it isn’t so. The only real question is: Where are you when it happens? It can be fun to sail out far from shore… until you
On Thursday shares of Biomarin (BMRN) closed flat as the FDA rejected approval for its Duchenne Muscular Dystrophy – DMD drug Kyndrisa. The FDA stated in their Complete Response Letter — CRL — that there was not enough evidence of effectiveness
Watch how seasoned pro trader Tim Racette of EminiMind trades the Futures markets on a daily basis. Learn how to use this simple method to identify the trend right away, get in the trend at the start, and stay in
It appears markets fear the Fed and seem to expect an intervention by them to save markets once again. But it’s a thin reed for the rally’s explanation we read below from Zero Hedge: BULLARD: HAVE TO HIT A BOTTOM
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 227 = 16,379 SPX + 31 = 1921 NAS + 88 = 4615 10 Y + .03 = 2.10 OIL + .66 = 31.14 GOLD – 15.00 =
For the last two years, we’ve taken the time to pause and reflect on changing themes in business and current events. In addition to looking at what got the most “buzz,” we want to mull over the stories that would give
I did not buy the rally in stocks this week for two seconds. Once the S&P 500 (SPY) bounced off of the $190 level the first time, it was only a question of how soon to sell again. When I
EURUSD: With EUR taking back its intraday gains to close lower on Thursday, EURUSD remains vulnerable to the downside. Support lies at the 1.0800 level. Further down, support lies at the 1.0750 level where a violation will aim at the
