Many are confused this morning at the exuberance in US equities after dismal data and a bond market that is barely budging. Of course, the answer lies deep in the fun-durr-mentals of the JPY carry trade… but this time it’s different as it would appear a note from BofA proclaiming “it’s time to buy AUD” coincided perfectly with a ramp […]
Morning technical analysis – 7 February 2014February 7, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is edging lower again this morning, after spiking higher yesterday following Mario Draghi’s surprisingly hawkish press conference. The pair failed to close above 1.3608, the 50% retracement of the move from 24 January highs to 3 February lows, as well as the 20 and […]
Stocks are rallying following the release of a solid initial estimate of fourth-quarter U.S. GDP this morning, and appetite for risk appears to be making a momentary comeback.S&P 500 futures are trading 0.7% higher at 1784. Gold futures, meanwhile, are down 1.9%, trading near $1238 an ounce, and 10-year U.S. Treasury futures are down 0.3%, while the yield on the […]
The Great Rotation – Why It’s Time to Buy the Stock Market Stock-Markets / Stock Markets 2014Jan 09, 2014 – 01:57 PM GMTBy: Money_Morning
Shah Gilani writes: Calling what we’re experiencing a bull market is like calling the Grand Canyon a ditch.First of all, this rally – the one that sprung us from the depths of the Great […]
Morning technical analysis – 7 January 2014January 7, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is trading lower against the dollar this morning after failing to close back above the neckline of the double top yesterday. This failure to close back above could be seen as confirmation of the initial break below the neckline, prompting a move back towards […]
Shanky’s Technical Analysis and Market Commentary: Morning Charts 12/30/13 SPX /ES
Morning Charts 12/30/13 SPX /ES
No commentary this morning. Minis 4hr – The third iteration of the rising green wedge. You can see the first two busted wedge supports as dashed green diagonals. Minis 60m – And the upper yellow rising wedge that suspiciously broke support last night before reaching the […]
The “$5 Rule” Stock Investing Rule Gives You a Powerful Edge over Goldman Sachs Traders
InvestorEducation / Learning to InvestDec 23, 2013 – 12:47 PM GMTBy: Money_Morning
Robert Hsu writes: We hear it all the time, this notion that professional traders at top-tier Wall Street firms like Goldman Sachs, JPMorgan Chase, and HSBC have tremendous advantages over smaller, […]
Stock Market Forecast For 2014
Companies / Stock Markets 2014Dec 09, 2013 – 10:14 AM GMTBy: Money_Morning
Michael A. Robinson writes: If you’ve been following our twice weekly conversations here at Strategic Tech Investor, you know that I’m very bullish about technology stocks.But I want to let you in on a little secret […]
Daily Technical Analysis – 25 November 2013November 25, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is looking bearish again this week, having failed to break back above the ascending wedge. Even the weekly chart is looking a little bearish, with last week’s candle being a hanging man, signalling a trend reversal. It is worth noting that this is not […]
How to Trade the VIX Stock Market Fear Index
InvestorEducation / VolatilityOct 07, 2013 – 11:44 AM GMTBy: Money_Morning
It’s time to learn something all serious investors should know: how to trade the VIX Indicator (VIX).While most investors are scrambling to figure out whether the market is headed up or down, savvy pros use the VIX both as […]
