Interpreting market movements in a whole new way
Interpreting market movements in a whole new way
Aussie Dollar: The strong recovery in the Australian economy and the labor market has continued. Low infection rates, substantial fiscal and monetary policy support and a lift in confidence have boosted the recovery. Household spending, dwelling investment and exports have all contributed to the snap back in activity. Employment has also bounced back, to be … Continue reading “Trading the forex pair AUD/USD”
Read MoreU.S. stocks were mixed early Friday [March 19th 2021], being wholly indecisive in the wake of this week’s Federal Reserve policy actions. Looking back, since technology took on a wild ride after the initial news of the pandemic and participants elected to buy the dip, we’ve had two major pullbacks in the S&P. The initial … Continue reading “Mid-March 2021 Market Analysis”
Read MoreWhen crude oil prices are stable, home heating oil prices tend to rise in the winter months—October through March—when demand for heating oil is highest. A typical home in the Northeast may consume between 850 gallons to 1,200 gallons of heating oil in a typical winter and consume very little during the rest of the … Continue reading “Heating Oil Dec 2020 trade idea”
Read MoreYesterday [Dec 21, 2020] saw weakness in US equities and index futures in what appeared to be a very late reaction from the breaking news which came out from the UK Health department during the trading session this past Friday that there was a different mutation of the Corona virus which had a 70% higher … Continue reading “EUR/USD could see some price resurrection”
Read MoreWe usually analyze the four indices in our weekly newsletter for our subscribers using a combination of technical tools. This week however, we present a simple Fibonacci analysis on the four indices: S&P [SPX] – showing a bullish read as long as we stay above 3613.83 Nasdaq [NDX] – although oversold in the past few … Continue reading “Analysis of the indices for index options traders”
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