Market Masters: Trading With the Trend

By Joe Acevedo     At the contrariancorner.com we have a quantitative model developed by Kevin Ferry that is a trend following model for trading. Trading with the trend is something that breeds trading longevity in this business. But rather than go into what this model is and how great it would be for you to subscribe, I’m going to outline a simple ...

Nikkei 225 and Yen Price Targets Met on Abenomics

The Nikkei 225 and Japanese Yen have met my price targets for this leg of the new uptrend. It has been quite a thrust higher for the Nikkei 225, but the sinking Yen has helped. Let’s take a deeper look the Japanese marketplace to get a better idea of where we are and how we got here. Image to left from recent cover of The Economist. Nikkei 22 ...

EURUSD: Bouncing into a Breakdown

The resurgent US Dollar Index (futures symbol: DX) pushed to nearly 3 year highs this morning in the wake of better-than-expected consumer sentiment data, prolonging its weekly-long drubbing of the Euro even as it traded higher in tandem with stocks. On last check, the EURUSD trades at 1.2818, off 1.3% from last Friday’s closing print at 1.29 ...

Market Masters: Two Strategies For Identifying Price Targets

By J.C. Parets    It’s a privilege to be the next guest blogger in the Market Masters series that Andy Nyquist has put together. When considering topics I figured now would be as good a time as ever to talk about a few tools that we use to set price targets when markets are already at all-time highs. Usually we prefer to use former support and resi ...

3 Reasons Investors Are Eating US Equities for Breakfast

The US financial markets flexed their collective muscle yet again, capitulating several more bears, and sending US equities to new all-time highs. The sheer power of the move in US equities in 2013 has become thematic. And furthermore, when combined with the strength in the US Dollar, there is no denying that from a macro perspective, the US financ ...