REUTERS/Mosab Omar The Dubai stock market crashed today, with the main index falling over 6.5%, after being down 8% at one point.BloombergThe market has been in a bear market even before today, having fallen about 20% over the last month.One big negative driver has been Arabtec, a big construction company, whose shares have been plunging amid layoff rumors. The stock […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereLight Sweet CrudeThe light sweet crude market initially gapped higher on the open for Monday, but as you can see the $107.50 level offered enough resistance to push the market back down. We ended up closing the open outcry session at roughly $106.00, an area […]
The first quarter of the year brought with it some major selling in the momentum names, specifically in biotech stocks.
Since then, the overall stock market has recovered, and so have most biotech stocks with it. Unfortunately, while the market has hit new highs, most biotechs have not.
Some biotech stocks, however, have performed better than others, and some have actually outperformed […]
Louis Scott, Founder, Kiema Advisors”News really does matter but it matters in terms of the volatility it creates rather than the alpha that you can harvest.”
London – The idea that news flow can be
systematically traded is becoming widely accepted. And not just
for major news agencies commenting on planned announcements.
Increasingly, social […]
Stock Market at a Minor Top?Stock-Markets / Stock Markets 2014Jun 23, 2014 – 01:07 PM GMTBy: Andre_Gratian
Current Position of the MarketSPX: Very Long-term trend – The very-long-term cycles are in their down phases, and if they make their lows when expected, there will be another steep decline into late 2014. However, the Fed policy of […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereSeptember E-mini S&P 500 Index futures posted a new contract high last week as well as a strong gain for the week. The close near the high for the week puts the market inside the uptrending channel that provided direction for the index throughout the […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereAugust Comex Gold futures finished the week sharply higher and closed near its high, giving the market a slight upside bias. The only problem for the bullish traders is that the rally took gold into a major retracement zone. Weak longs may use this as […]
Stock Market Complacency – Quiet Quad Witch Stock-Markets / Stock Markets 2014Jun 22, 2014 – 12:13 PM GMTBy: Jesse
Today was a quad witch in stock option expiration and the day was very quiet with low volatility.Next week there is not much in the way of new economic news, with the third iteration of 1Q GDP […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe gold markets initially dipped during the week, but the $1250 level provided enough support to keep the market somewhat afloat, thereby pushing it back above the $1300 level. If we can get to the $1400 level, we then have an inverse head and shoulders, […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens +27 and our open is off a littleMarket Open (click to enlarge)JRJC (click to enlarge)BBRY (click to enlarge)SHLD (click to enlarge)BBRY (click to enlarge)ISIS (click to enlarge)The Dow closes +25, This is what we closed out: BITA -2437, EXK +2250, […]
