Currencies

Why The US Dollar Correction Might Be Over

The current setup in the US Dollar index (CURRENCY:USD) is rare in that a clear and logical fundamental and technical case can be made for a rally (or a move to the upside). Could this simply be a correction within an ongoing bull market for the US Dollar? At the…

Stocks Head Lower: 3 Charts I’m Watching

We are seeing a continuation of yesterday’s reversal in equities. And after the first signs of a meaningful pullback from highs yesterday, a flight towards safety and safe havens looks to have begun. This is evident with the rallies in Gold (NYSEARCA:GLD) and Treasury Bonds. Also notable in the price…

Cryptocurrency Craze: 3 Reasons Bitcoin Is Rallying

This post was written a couple weeks ago for my premium service. I think it has some interesting trading insights so I’m sharing here as well.  Note that there are 2 updated trading charts at the bottom of the post. While the Bitcoin craze means nothing to us, the chart…

The Euro Currency Correction Is Nearly Complete

The Euro (CURRENCY:EUR) has moved a bit higher than we anticipated in our June 16 post, but bears have a strong chance of countering the rally and taking the Euro currency to new lows. In fact, the current Elliott wave pattern qualifies even better as a nearly completed correction now…

U.S. Equities Trading Update: Mixed Bag For Stocks

Overall, the US equity market is still a very range-bound and choppy. Recent gains in US equities seem to have stalled out once again… just see the S&P 500 (INDEXSP:.INX) chart down below. That said, Tech and Industrials have showed strength of late on stocks like Apple (AAPL), Micron (MU)…

Emerging Markets and U.S. Dollar At Important Crossroads!

The Emerging Markets (NYSEARCA:EEM) have long benefited from a weaker US Dollar (CURRENCY:USD). This makes sense as a majority of the world’s debt is issued in US Dollars and commodities, a key export of Emerging Markets, tend to receive a tailwind when the buck is headed lower. The heyday of the…

U.S. Stock Market Update: Financials & Tech In Focus

Investors are seeing minor gains across most world stock market indices this morning.  The S&P 500 Index (INDEXSP:.INX) is inching higher ahead of the FOMC today, which is largely expected to be a non-event. The All-World index is mostly unchanged over the last 5 trading days. While the Financials Sector…

U.S. Financial Markets Update: Investors Eyeing Europe

The past month has seen assets gain in price, despite an increase in investor anxiety due to comments from the European Central Bank (more on that below). In the U.S., tweets continue to be plentiful while new legislation remains scarce.  Yet despite these interesting times, the economy continues to grow…

Financial Markets Trading Update: 5 Charts To Watch

Traders returned on Wednesday to see fractional gains in across the various global equites markets. Domestically, trends remain very much neutral for the S&P 500 (INDEXSP:.INX). Deteriorating sectors like Technology have not had much effect on the S&P 500 thus far… this likely due in part to Financials breaking out…