The “Santa Claus rally” refers to the tendency for the S&P500 to do well in December, and specifically the last part of December. We can assess this quantitatively with the first chart showing the average price experience across the year by trading
December 2, 2017
The “Santa Claus rally” refers to the tendency for the S&P500 to do well in December, and specifically the last part of December. We can assess this quantitatively with the first chart showing the average price experience across the year by trading
The good news is: All of the major indices except the Nasdaq composite (OTC) hit all time highs last Thursday. The Negatives The market is overbought. Seasonality for the next 2 weeks is negative. The first chart covers the past
Fundamental Australian Dollar Forecast: Neutral AUD/USD remains trapped in long downtrend This week will see the RBA make its December interest rate call, followed by official GDP data Neither is very likely to change the backdrop, but both could Things don’t look great for the Australian
Here we are entering the home stretch of 2017 and looking back at the last eleven months, one thing is certain… no one predicted a year like this. For all the daily negativity being hyped in the financial, social, political
The market remains exceptionally strong as the bulls remain in clear control. Stocks refuse to fall in a meaningful fashion. Every time the market hints at pulling back the bulls show up and send stocks soaring. The two largest “down” days
The New Zealand dollar suffered during the latter part of the year due to political fear, especially as Jacinda Ardern was sworn in. But has it gone too far? CIBC FX Strategy Research discusses NZD outlook, noticing that the post NZ election
Take a look at three trading ideas to prep you for the next trading session. Long Microsoft (MSFT) Long Chipotle (CMG) Short InterActive (IAC)
I’ve been asked about Bitcoin a lot lately. I’ haven’t written anything about it because I find myself in an uncomfortable place in agreeing with the mainstream media: It’s a bubble. Bitcoin started out as what I’d call “millennial gold”
After the big meeting OPEC had, WTI oil closed up 10 cents at $57.40, making this out to seem like an unimportant event. However, that’s not the case because this decision was already priced in. It was so important that
