Currencies

US Dollar Rally: Consolidation Continues Into Fed Meeting

There continues to be lots of talk surrounding the US Dollar following its incredible rally to 14 year highs off Trump’s election victory. So, where does the greenback go from here? Does the US Dollar rally have more room to run? These are questions a lot of traders and investors have…

Global Markets Roundup: Adjusting To President Elect Trump

November was an interesting month in the global financial markets, as the election in the United States caused a sell-off in treasury bonds and a strong rally in the broad stock market indices – the S&P 500 (INDEXSP:.INX) was up 3.7% for November. Expectations for fiscal stimulus have been set quite…

Global Market Trends: 5 Charts Investors Need To Watch

Today I want to share 5 macro technical charts that bear importance here for the broader markets. In my chart review, I sift through individual commodities, currencies, bonds, and sectors, as well as the rest of the major indexes and benchmarks. This chart review strictly looks at technical price developments.  Even if…

US Dollar Index Overbought: Is A Recharge In Order?

The US Dollar Index (CURRENCY:USD) is starting to catch traders’ eyes again.  The recent rally has been relentless, hitting Gold and Emerging Markets over the head. However, the US Dollar rally is now extremely overbought and looks due for a pause. Using the US Dollar Index Bullish ETF (NYSEARCA:UUP) as…

Commitment of Traders Report (COT): Commodities In Spotlight

The following is a recap of the recent Commitment Of Traders (COT Report) released by the CFTC (Commodity Futures Trading Commission) looking at COT data and futures positions of non-commercial holdings as of November 22. Note that the change in COT report data is week-over-week. Excerpts of this blog post originally appeared…

Market Gurus: Warren Buffett, Martin Pring, And Bryan Rich

There are lots of ideas out there on what to trade. The trick is synthesizing news-you-can use from the noise. Choosing ideas from market gurus or investing veterans doesn’t make it a sure thing. But listening to ol’ timers…well, there is so much to be learned from experience. And I…

A Look At The Gold (GLD), T-Bonds, Dollar Market Triangle

Over the past year, there’s been a very interesting relationship between the Gold (NYSEARCA:GLD), the U.S. Dollar (NYSEARCA:UUP), and Treasury Bonds (NASDAQ:TLT). I’ve talked about this relationship (and chart below) many times in my newsletter. There has been a relentless push into the US Dollar (via UUP below) and out…

Major Stock Market Indices Ripe For Consolidation Or Pullback

Thursday’s strength helped the S&P 500 set a new all-time closing high in Futures, with the S&P 500 cash index (INDEXSP:.INX) falling a few ticks shy at 2187.12 (vs 2190.15 August 15 close).  The NASDAQ Composite (INDEXNASDAQ:.IXIC) rose to within 6 ticks of its own All-time high close from September 29…

Is The Euro About To Fall Through The Floor?

The Euro Currency (CURRENCY:EUR) Looks Vulnerable: A closer look via the CurrencyShares Euro ETF (NYSEARCA:FXE) As the U.S. Dollar continues to strengthen, we are watching to see how the CurrencyShares Euro ETF (FXE) will react to nearby support. In our main Elliott wave scenario, the chart should develop into a…