Movers and shakers continue influencing the political world; but little is traumatizing the financial markets; as the S&P treats everything from the speech of Chairman Powell to revelations by Trump Organization’s CFO or NY State litigation, as ‘favorable news’; apparently whether it is
August 26, 2018
Here’s a photograph Margaret Bourke-White took of the Garment District in 1930. Every single person on the street is wearing a hat. What do Tesla, crypto, and men-who-wear-hats all have in common? They’re all driven by fashion, which is another
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.
Congrats to Elon Musk and Tesla shareholders for the late Friday decision to stay public. We’ve mentioned our $1000+ 12 month price target. That’s based on using a 50X PE on 2019 earnings numbers considering Tesla starts going profitable in Q3 and/or Q4. It sounded
Global trade growth has been something we’ve picked really well both going into the global trade recession in 2015/16 and the subsequent recovery and acceleration in 2016/17. It has helped raise conviction on risk management calls around commodities and emerging markets, and
It was touch and go for the better part of the week, but against just the right backdrop of news and with just the right amount of FOMO (fear of missing out), the bulls were willing to plow into
EURUSD broke above 1.1550 resistance, suggesting that consolidation for the downside movement from 1.2555 is underway. Near term resistance is at the top trend line of the price channel on the daily chart. As long as the channel resistance holds,
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all
Fundamental Forecast for Gold: Bullish GOLD TALKING POINTS: Gold rebounds from multi-year support gathers pace post-Powell; supportive above 1180 Gold prices snapped a six-week losing streak with the precious metal up more than 1.9% to trade at 1206 ahead of the New
GBP/USD was pressured on fears of a no-deal Brexit and was unable to take full advantage of the gradual retreat of the US Dollar. What’s next? Here are the key events and an updated technical analysis for GBP/USD. The EU and
