With the market now predicting virtually zero rate rate hikes for the rest of 2016… … the Fed will have to take a machete to its next exercise in erroneous group think known as the “dot plot”, when it will have to admit it was dead wrong about the state of the US and global…
The DAX 30 is once again testing the lower end of its 9563 to 9945 range. The latest round of weakness was triggered by a slide in crude oil prices, which are weighing heavily on stock markets across Europe. At this stage, crude oil (FXCM: USOIL) may slide lower as the trend is bearish below $32.15 and price appears…
In 1928, construction on the world’s tallest building began in New York: the Bank of Manhattan Trust Building at 40 Wall Street. Today, it’s “The Trump Building.” When its developers learned that the Chrysler Building would be even taller, they added three stories to the Manhattan Building to secure the title of “world’s tallest.” Then…
Hot stocks of the day: (SPY), (GM), (GDX). Video Length: 00:04:57
Finally a move in EUR/USD? The pair is making a break. Is it for real? Just earlier today we talked about the narrowing triangle that closes on EUR/USD and it is finally happening. The timing is peculiar: after a better than expected US figure, the greenback is actually falling across the board. ADP NFP came out 10K better…
Warren Buffett is a legend among value investors — and for good reason. His investment record is unmatched by any other investor who existed in the last 100 years. Value investors, understandably, have tried to emulate Buffett’s approach to investing in order to snag a sliver of his returns. This typically means being glued to…
EUR/USD Signal Update Yesterday’s signals Today’s EUR/USD Signals Risk 0.75% Trades must be entered before 5pm London time today only. Long Trade 1 * Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of the bullish trend line currently sitting at around 1.0822. * Put the…
Markets made a mistake when it allowed for a drop in the share price of PayPal (PYPL). After reporting quarterly results that negated fears of weaker transactional volumes, PayPal’s stock bounced back. There are a number of reasons the former eBay (EBAY) subsidiary will give strong returns for investors. Interest for PayPal never fell since…
WTI Crude Oil The WTI market fell again during the session on Tuesday, as we broke below the $30 level. It now appears that the market is going to continue to go much lower, reaching towards the $28 level. That is an area that offered a significant amount of support previously. We ended up bouncing…
It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios. Without rehashing the wild ride we experienced in January too much, I could find comfort in one thing, my dividends. As we all know, the…
