This video examines the large consolidation that existed in gold before it blasted higher 90% into the 2011 top. Current consolidations with enormous future bullish implications include the Nasdaq and the energy sector. Video Length – 00:07:00
August 28, 2016
Thanks to the global growth slowdown, uncertainty over the Fed rate hike, the yet-unseen impact of Brexit and oil price volatility – the risk factors are still with us, no matter how many highs the broader U.S. market hit in
Monday has only a couple of announcements coming out, all of which are US-based. The PCE numbers, as well as Personal Income could move the markets. With that being the case, we are looking at the following 3 assets: Gold
Expressing happiness in a formula can prompt new thinking about the cause of unhappiness and how to be less unhappy. Happiness = What’s Happening – Expectations This formula states that happiness can be increased by improving what is happening or
This was another light week of international news, most likely reflecting the “summer doldrums.” The overall pace of activity begins to increase next week as traders return from summer vacations. Japanese news continues to disappoint. Although the leading and coincident
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.
As noted earlier this week, the market hit a new high (or is that low) in complacency earlier this week when we reported that August has seen the least volatility since 1995. Goldman’s David Kostin picks up on this theme in
Northill Capital, a London-based asset manager, has released a report defending active asset management from the common charge that it cannot, after costs, beat the passive managers. That is an old and familiar subject for debate. What cannot be debated, because it
Perhaps you’ve already come across the concept of trading with the news. One of the main factors which can influence the price of an asset is the release of news which will have a bearing on its supply and demand.
Crude oil prices spiked above $50/bbl in early June and have fallen back to $47/bbl as of Friday’s close. The high $47 level remains above the early August low of $39.52. Further weakness in oil prices is likely as a
