Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe AUD/USD pair fell during most of the week, but found enough of a bounce just above the 0.92 level to form a nice-looking hammer. Because of this, we believe that the market probably going to bouncer here, but ultimately we also believe that it will […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe German index fell during the session on Tuesday, closing just below the €9100 level. That being the case, the market looks like it’s going to continue to bounce around the €9000 handle in general, as the market needs to decide whether it wants to go […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe Dow Jones 30 fell initially during the session on Tuesday, but found buyers later in the day in order to form a hammer. Breaking the top of the shooting star from the Monday session is will we need to see in order to start buying, […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe gold markets went back and forth during the session on Monday, hugging the $1305 handle. Essentially, we believe that the market will go higher, and that supportive candles below should be buying opportunities. The shooting star that was formed on Friday does suggest that the […]
Joe Weisenthal
Aug. 11, 2014, 6:05 AM
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REUTERS/Enrique Marcarian
There’s one line of thinking that goes that the market has rallied only because of the Fed. And that when the eventual Fed tightening comes into view, markets will tumble.
The other view is that the market represents fundamental economic and market improvement.In his latest Weekly Kickstart note, Goldman’s David Kostin relays some observations from […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe EUR/USD pair fell during the bulk of the session on Tuesday, but found enough support just above the 1.3325 level in order to bounce and form a nice-looking hammer. It appears that this market is starting find significant support in this general vicinity, and we […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe EUR/USD pair tried to rally during the session on Monday, but as you can see the market failed to hang onto the gains, and we turned around and form a shooting star. The shooting star of course tells us that the market should continue to […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe IBEX initially fell during the week, but found a significant amount of support at the €10,000 level, to turn back around and go much higher. We closed just above the €10,290 level, which of course is a very bullish sign. We believe that a […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereGold markets rose during the session on Wednesday, bouncing off of the $1280 level, an area that we had anticipated been somewhat supportive. That being the case, we feel that this market will more than likely trying to continue going higher. A break above the […]
“If Oppenheimer is right with its downgrade I take it to mean that the market is reaching the end of the period of industrial outperformance that began with the strong labor reports from the fourth quarter,” Cramer explained. That’s critical, because as Cramer explained earlier in the week, immediately following recent jobs numbers many industrial stocks […]
