GOLD: The commodity looks to weaken further in the new week despite its price hesitation on Friday. On the downside, support comes in at the 1,190.00 level where a break will turn attention to the 1,180.00 level. Further down, a
September 2, 2018
Equities Talking Points: What Would Impact S&P 500 and Dollar More: Emerging Market Crisis or Eased Trade War? Dow Tests Short-Term Support as Month-End Nears. NOT A SUMMER FOR LULLS, BUT WE NEAR THE END NONETHELESS US stocks have
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits.
Last week we noted that something odd was going on in global markets: in recent months, a near record divergence has opened up in the performance of risk assets, which previously was only observed during recessions. As the S&P 500 marched towards
Last week we noted that something odd was going on in global markets: in recent months, a near record divergence has opened up in the performance of risk assets, which previously was only observed during recessions. As the S&P 500 marched towards
Here’s what my various trading models are saying about the U.S. stock market right now. The Medium-Long Term Model states that you should be long stocks right now. We are in a “big rally in a bull market”. The next “big correction”
Despite the Trump administration’s frantic last-minute efforts to hammer the NAFTA agreement, the attempt failed within the US timeline, so the talks continue. Why is the revised deal so important to the White House? Last Friday, the trade talks between
It began with Turkey and now it has started to spread as emerging market currencies tumbled last week. The markets were rattled yet again as the Turkish lira, the Argentine peso, the Indonesian rupiah and the Indian rupee all fell
The British pound touched its highest level since Aug 3 as an official from the European Union indicated progress in the Brexit deal. Sterling rose 1.2% on Aug 29, its biggest rise in the past two months. There has been
Depending on who you listen to, September is either ripe for a continuation of the record rally in U.S. equities or a potential minefield thanks to risks emanating from, among other things, i) a fresh escalation in the trade war with China, ii) the
