A weekend wrap up of the financial markets. Video length: 00:13:46
August 18, 2018
The commitment of traders report shows treasury bears are record short 10-yr treasury futures. The treasury bears will cover, but at what price? That’s an unknown, but we can see when the bears increased their bets. And with that we
Market breadth bottomed-out in the middle of the week, as expected, and the SPX bounced off the projected target low. The upside target for this week is 2875, and the index will remain on track to achieve this target as
The economy and stock market move in the same direction in the medium-long term. Hence, leading economic indicators are also leading indicators for the stock market. Thoughts The Philadelphia Fed Index is falling. NOT bearish for the stock market. Breadth continues to
Wal-Mart (WMT) shares struggled this year, with the retail giant’s February 19 earnings release raising doubts about its online business as well as overall margins. The stock lost more than 10% of its value following the February earnings report, with the subsequent
First, a review of last week’s events: EUR/USD. Most analysts (60%), supported by graphical analysis and indicators, expected the pair to fall to the 1.1120-1.1300 zone. And indeed, the pair reached the level of 1.1300 on Wednesday August 15, but
TALKING POINTS – YEN, US DOLLAR, CHINA, AUSSIE DOLLAR, STOCKS, TURKEY Yen, Franc and US Dollar drop amid broad sentiment recovery Hopes for US, China trade war de-escalation stoking optimism Aussie and New Zealand Dollars, Euro emerge as outperformers The markets’ mood brightened in
Review: Is This The Calm Before The Storm? Our previous Stock Exchange asked the question: Is this the Calm Before the Storm? We noted that when the market is slow and conditions are not attractive, patiently NOT trading can be an attractive
The University of Michigan Preliminary Consumer Sentiment for August came in at 95.3, down 2.6 from the July Final reading. Investing.com had forecast 98.1. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment slipped to its lowest level
For the arrow to fly, the bow must be pulled back. Gold is in a pullback at the moment. More from RTT Tv Main chart in video. Click for popup. Clear your browser cache if image is not showing.
