Notice a trend here? It’s hard to believe on a day like this, but keep your perspective.
September 11, 2017
Video Length – 00:08:06
Last week the stock indexes were stuck in a tight range, as the TLT and GLD rallied while the dollar fell (UUP). Despite the apparent building fear in the markets, the VXX just consolidated. Today, last week came undone. TLT,
EUR/USD has retreated from the highs, mostly on profit-taking from the big sell-off of the US dollar. It previously advanced thanks to Draghi’s unconvincing complaints about the exchange rate. What’s next? Here are three opinions: Here is their view, courtesy of
Over the past month, crude prices have been pinned in a range $50 to the high side and ~$46 at the low. In the futures market, the price of crude is usually set by the money managers (how net long
So with markets threatening support they instead gap higher and post further gains. Today has probably done enough to see markets post new all-time highs while shorts are left with little to work with. The S&P gapped higher with technicals
Event Overview Alteryx (NYSE:AYX) made its market debut on March 23, 2017, raising $126 million through its offer of 9 million shares. Shares priced at $14, the high end of its initial price range of $12 to $14, then jumped
In the 4 hour chart as shown below, USDJPY is now testing important Kumo (cloud) resistance. At current levels, the price is at the 61.8% Fibonacci retracement of the decline from 110.66 to 107.31. Short-term support is found at 109.25-109.05.
All eight indexes on our world watch list have posted gains for 2017 through September 11. The top performer thus far is Hong Kong’s Hang Seng with a gain of 27.07%, followed closely by India’s BSE SENSEX at 19.74%. In
I was not too surprised that the hurricane was weaker than expected since we’ve all seen that many times before. But I definitely was not expecting a rally of this strength. The short-term uptrend has re-asserted itself. The SPX is
