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Can the S&P 500 Continue Rising?

Can the S&P 500 Continue Rising?

2 mins. to read

With the S&P 500 at all-time highs, market sentiment clearly is in the bullish camp; this must mean that all of our problems are solved and the future is bright for everyone.. Hold on a minute: if this were true, why would consumer confidence regarding the future decrease?  The Conference Board just released its Consumer…

Afternoon comment courtesy of Spreadex – 02/08/13

Afternoon comment courtesy of Spreadex – 02/08/13

0 mins. to read

Global headline shares continue to swing between gains and losses despite the US unemployment rate dropping to 7.4% from 7.5%.  It seems the fact that the market-moving nonfarm figure which showed there was only an increase of 162,000 employed people last month compared to an expected figure of 184,000 shook sentiment.  The figure was particularly…

A study in momentum: Or what goes up, will probably stay that way!

A study in momentum: Or what goes up, will probably stay that way!

5 mins. to read

We touched  briefly on the concept of momentum or price action in yesterday’s article reading the smoke signals –  http://www.spreadbetmagazine.com/blog/reading-the-smoke-signals-how-the-views-of-leading-strategis.html  In it we flagged the importance of momentum / price action when making trading or investment decisions. I thought it would be instructive to look at a real world example of this in action  over…

Overnight roundup courtesy of Spreadex

Overnight roundup courtesy of Spreadex

0 mins. to read

Chinese stocks rose for a fourth day, led by property shares on growing speculation the government may relax curbs on the industry as economic growth slows. Asian stocks overall were up, following better-than-expected US unemployment claims and ISM manufacturing PMI’s. Markets reacted in favourable light after comments from the European Central Bank president Mario Draghi.…