This week the attention falls on the popular Purchasing Managers’ Indexes (PMI) as just about every country in the world provides a timely insight into how their economy is tracking. But one report that often flies under the radar is the
July 2, 2018
As you probably already know, the stock market’s seasonality is bearish from May – September. That’s where the phrase “Sell in May and go Away” comes from. The stock market has bucked “Sell in May and go Away” this year.
Financial markets are considered a forward-looking discounting mechanism. It means they anticipate future events and that current market prices discount or reflect all available information about present and potential events. The markets are, therefore, leading indicators of fundamental and economic
Monthly Chart Pattern – price has been in a downtrend since the 2011 high and the current price action looks corrective in nature. An ABC correction looks to be playing out with price still to put in a wave C
SBTV spoke with Daniel Ameduri of Future Money Trends to discuss gold, silver, mining stocks and the future for cryptocurrencies. Daniel also shares about how silver demand from electric vehicle applications and renewable energy will rise. Discussed in this interview: 02:05 Gold price and
On the weekly chart, SPY remains grossly overbought, but near term there is room to rally – duration and magnitude notwithstanding. Options can help. US core PCE (personal consumption expenditures) increased 1.96 percent year-over-year in May – essentially two percent.
After opening the day in the red, share markets in India have continued their downtrend and are presently trading on a negative note. Sectoral indices are trading on a mixed note with stocks in the metal sector and telecom sector witnessing maximum selling pressure. The BSE Sensex is
FX Week In Review USD An interesting week for the Dollar a strong start as we pushed up to the high of 95.53 and into resistance, but Friday brought a huge drop back to 94.47, so finishing largely unchanged. EUR
