Posts From Andrew Nyquist

Andrew Nyquist
Andy is the founder of See It Market. He has been actively investing for over 15 years with a strong focus on technical analysis and swing trading. His blogs, articles, and contributions have appeared on numerous websites, including Yahoo! Finance, MarketWatch, Business Insider, Investing.com, and Benzinga to name a few. Andy has also been interviewed and cited across several media outlets. In addition to founding and managing See It Market, Andy enjoys actively investing, playing and watching sports, and spending time with friends and family - especially his wife and three children. Andy recently ended a long stint in the financial services industry to focus on See It Market and private trading. He is a 1998 graduate of Carleton College and resides in the Minneapolis area.
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Fed Week: What’s On Tap For January 28 FOMC Statement

This was a big week for the financial markets even before the Greek elections stole the headlines on Sunday. With several economic data releases on tap this week, the markets will have plenty to digest. And investors hope they’ll get a better idea of where the equities markets are headed. Oh, and I almost forgot, it’s also FED week. Perhaps my lack of enthusiasm means that the Fed meeting and accompanying FOMC statement on

Gold Performance Snapshot: Why Currency Markets Matter

Often times, investors get caught up in valuing an asset in the world’s reserve currency: The US Dollar. This makes sense as it’s the deepest currency market in the world. However, it often doesn’t tell the whole story. If’ we truly want to see how an asset is performing on a global scale (and in terms of capital flows), then we need to value it in terms of the various currencies. Take

Greek Elections Renew Bankruptcy Fears: Markets On Edge

The markets had eyed the Greek elections for some time. And no doubt, concerns about Greece and their commitment to the European Union have added weight to the free-falling Euro. Well, the market’s concerns were confirmed today, as the leftist party Syriza lead by Alexis Tsipras is declaring victory. The party is projected to have between 149-151 seats, with 151 needed for outright majority. So why so concerning for the European Union

Corn Prices Stabilize After USDA Report, Eye Support

After a strong multi-month late year rally above 4 dollars per bushel, Corn prices have spent much of the early going in 2015 in negative territory. The current pullback in Corn prices has been orderly, and thus far appears to be constructive, especially when considering headwinds like a stronger US Dollar. Note that the pullback began from the targeted price resistance zone that I wrote about on December 19. The

The Week Ahead: Navigating The Global Financial Markets

Ready for another week of market action? There’s plenty of moving parts here and the long holiday weekend in the U.S. makes for an action packed 4 trading days.  Let’s review some macro themes, news, and the week ahead in the global financial markets. This post also went out in our “Market Navigator” newsletter (subscribe here, it’s free). The aim here is to provide investors with insights into the global markets so they

Chart: The US Dollar Index Is At Critical Juncture

The US Dollar Index has been chugging higher for 7 straight months. And each time it looks ready to pullback, it recharges its engine and goes higher. Many investors probably downplayed the rising Dollar because, amongst other things, it was still in a long-term downtrend… well it’s time that we all pay close attention to that downtrend line. The US Dollar Index is currently trading (overnight futures) above 93, with a recent

Emerging Markets ETFs In Focus: Leaders And Laggards

After a nice run higher during the middle of 2014, several emerging markets ETFs have stumbled into 2015, falling or underperforming other markets for the better part of the past 5 months. That said, the EM complex is starting to perk up with several individual country ETFs at important near-term levels. So as we continue to monitor the Emerging Markets ETF (EEM) for clues over the coming days, we will also want to keep our eyes focused

Swiss National Bank Removes Cap On Franc, Uncaps Volatility

The Swiss National Bank made a bold move overnight, deciding to remove its three year cap on the Franc to Euro. The decision caught the currency markets (and global financial markets) by surprise, rocking the Euro, and in turn, the Forex. Some were preparing for Grexit or Brixit, but not Swixit. In all seriousness, the Euro Zone is in big trouble here with more than a few member states pressuring

Chart Of The Day: NASDAQ 100 Closes On Key Support

Large cap tech stocks had a rough day. And no other index measures this as well as the NASDAQ 100 (NDX).  The NASDAQ 100 closed down 1.36% as shares of Apple (AAPL) fell 2.71%, while fellow tech titan Facebook (FB) dropped 2.23%. But what made the NASDAQ 100 so interesting today was its close at 4089, the third such trip to this level in the past month (this level also marks the September highs).

Trading Setups: Crude Oil Bulls Looking For ‘Right Shoulder’

Did I read that correctly? A right shoulder or a pork shoulder? Kind of the same thing, as it has been some time since Crude Oil bulls felt like pigs. The fall in Crude Oil prices has been well documented, so no need to remind you that every rally attempt has failed to gain traction over the past several months. Okay, I just reminded you. Well, Crude Oil was up over