CLICK THE IMAGE ABOVE FOR YOUR FREE COPY. In this handy guide we cover the following subject matters each with illustrated examples – Using Standard Deviation Risk to assess risk Different Moving Averages explained Timing the markets with Elliott wave Directional Movement Index Moving Average Envelopes explained The Put/Call Ratio explained On Balance Volume explained…
There are fewer areas of the stock market that are more compelling, or should I say, addictive, than the second line oilers. Adding to the excitement, over and above the volatility of the underlying commodity / geopolitical issues affecting the sector, we have the way that many of the companies within the sector are not…
U.S stocks extended losses last night after Federal Reserve Bank of Atlanta President Dennis Lockhart said the U.S. economy is on “solid footing” and he would support continued cuts to stimulus. The SPX 500 has lost 1.6 percent in 2014, the worst start to a year since 2009. The Fed, who meet next on January 29th, announced last month…
The story behind the collapse of the world’s once biggest foreign exchange hedge fund FX Concepts is a sad one. Certainly for its fund holders anyway! For a company that was created several years ago and that at its peak was managing some $14 billion, to end up in bankruptcy in 2013 was a somewhat…
Risers: Morrison +3.30% Morrison’s has today reported it may sell up to 10% of its properties after revealing disappointing figures over the festive period. The plan to sell off part of its £9bn property portfolio has resulted in shareholders warning it is incredibly dangerous to do so. At present, Morrison’s owns 90% of its properties…
Following on from our blog of Thursday questioning whether a squeeze is imminent in the price of silver (see here –http://www.spreadbetmagazine.com/blog/countdown-to-the-great-silver-short-squeeze.html), here is the latest chart. The picture is becoming more constructive by the day. Key level to break is $20.50, ideally on a 2 consecutive days closing basis. A break of this level will…
So, as 2014 gets underway, it seems business as usual in the Previous Metals spectrum what with BoA Merrill Lynch coming out with a price target of $1150 on gold and around $18.50 as an average for 2014. Same old same old… We can see in the chart below that silver remains mired in the…
S Treasury yields broke down sharply Friday, confirming a near-term, potentially medium-term, turn in trend; and, as BofAML’s Macneil Curry notes, this Treasury turn should prove to be a headwind for select USD pairs, (although BofAML remains bigger picture USD bulls); particularly USDJPY. However, the weakness in the Canadian USD – which was the only currency…
As the market begin to calm down following Friday’s non-farm frenzy a rebound is expected today as concerns that accelerated tapering may be on the cards, following a string of better than forecast employment data, were eased by the surprisingly poor non-farm results. Some investors are attributing the poor non-farm data to the unusual weather…
