Posts Tagged ‘This’
By TaipanPublishingGroup.com
Over the past few weeks, we’ve seen just how volatile the financial market can be… Huge swings, like when the Dow dropped more than 672 points in 2 1/2 weeks, can throw a wrench in even the best-laid investment plans.
You’ve heard us time and time again tell you to prepare an exit strategy before [...]
The sideways chop on the U.S. Dollar continues as the index was rejected from the 76.50 level for the third time since late-May. What does this mean for your trading and how can you handle the summer chop?
Part of my advice in this video is first to recognize the Directional Bias (always from the Daily [...]
Greetings. There are some setups worth watching in the coming days, such as the following:
GBPUSD: recent sell-offs are suggesting that more pressure on the trendline around 1.6150 is likely, and current lower-highs formation is intact – therefore keep an eye on the highlighted resistance zone if current recovery continues. I think it’s worth looking for [...]
U.S. trade gap narrowed in April, and many will see that as a bullish sign
By Elliott Wave International
“The Dow rose nearly 1 percent Thursday… Investors were encouraged by a report that [...]
Meet Albert Edwards, an investment strategist for Societe Generale (or “SocGen” for short).
Though SocGen is a French bank, Mr. Edwards is based in Britain. It is there he has developed a reputation as “the City of London’s best-known permabear” (via The New York Times).
Also via the NYT, Mr. Edwards has called for “a [...]
By TaipanPublishingGroup.com
From a young age I can remember my father saying, “Those who forget the past are doomed to repeat it.” My father was talking about the wars and mistakes that people and governments make. Those mistakes have thrown many economies and whole countries into turmoil and in the worst of cases caused the deaths [...]
Quotable
“Credit expansion is the governments’ foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, [...]
Source: ForexYard
The Canadian dollar (CAD) has been stagnating this week with much of the economic news out of Canada appearing flat. Today’s New House Price Index (NHPI) released by Statistics Canada, as an example, revealed 0% growth in the price of new homes purchased this past month by Canadians.
The data did not represent market contraction, [...]
On the flip side, the Cleveland Fed’s Pianalto says the labor market is still a long way from where it needs to be.
As noted yesterday, Kotcherlakota is a voter and he voted to maintain the status quo at the last FOMC meeting despite his tough talk…
Also on the wires, the Fed’s Lockhart (Atlanta) says he [...]
