The US dollar rocked and rolled on the Fed’s dovish hike and the renewed fears of a trade war. Politics will continue moving currencies and we also have final US, UK, and Canadian GDP as well as oth...
CLICK ON CHART TO ENLARGE The 2-pack above looks at the KBW Bank Index on a long and short-term basis. The chart on the left looks at the index on a monthly basis over the past 12-years. The rally ov...
The signal that Facebook (FB) was in trouble was when it broke down below its previous cycle low. The stock then rallied and last week it figuratively “faceplanted,” losing 13%. FB will co...
AUDUSD stays below a bearish trend line on its daily chart and remains in the downtrend from 0.8135. As long as the price is below the trend line, the downside movement could be expected to continue a...
Japanese crypto regulators sent crypto prices spiraling lower earlier this month when they announced a heavy-handed crackdown on seven local cryptocurrency exchanges (and ordered month-long suspension...
“Seasonally, on average, the index highs have come between mid April and early May during the 2nd year of the Presidential Cycle. It seems unlikely we will see new index highs in the next month,...
The big question for the SPX is how low it will drop. Price action shows a lot of similarities with the February leg of the decline. A decline of similar magnitude gives lower price targets of 2532 an...
JAPANESE YEN FUNDAMENTAL FORECAST: NEUTRAL Talking Points: Anti-risk Japanese Yen appreciated last week as sentiment soured amidst white house developments Domestic economic calendar docket lacking ...
The Trump presidency has been a major boon for the aerospace and defense industry, as can be seen from the industry’s stock market performance. Since the November 2016 election, stocks in the Zack...
This update is by far one of the most important as the silver price setup is the best I have seen in years. According to the data, the silver price is by far in much better position to outperform gol...