Monthly Archives: June 2017

Which Currency Pairs Should I Trade?

One of the biggest mistakes made by many Forex traders is not understanding that deciding correctly what to trade, and in which direction, is 90% of the battle to turn a profit. Unfortunately, too many traders focus on trying to perfect entry methods, not realizing that if you correctly pick what is going to up…

This May Be “The Scariest Chart” In The World

Were you looking for another reason to be wary of US equities? And by “another reason” I mean in addition to ridiculous multiples, the growing disconnect between stocks and the flattening yield curve, the fact that a handful of names are responsible for a historically disproportionate percentage of the YTD return, the possibility that a sudden spike…

GBP/USD Forecast June 5-9

GBP/USD reversed directions and gained 70 points. The pair closed at 1.2882. This week’s key events are Services PMI, the parliamentary election and Manufacturing Production. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   In the UK, manufacturing and construction PMIs continue to point to expansion. Over in the US, the…

Market Update For June 5, 2017

As expected, the Dow Jones saw two new all-time highs this week (Thursday and Friday). Just how much higher can the stock market go?  On a point basis I really don’t know, could be enough to surprise me.  But on a practical basis, for only as long as the central banks making this happen can…

Is The Correction Over?

All trends from monthly to hourly are up with a new break-out to an all-time high last week. It is now obvious that the C-wave was shallow and ended on 4/17, with the low of one of the intermediate cycles bottoming at that time. Since (to my knowledge) the next intermediate cycle low is not…

Central Banks Now Own A Third Of The Entire $54 Trillion Global B

Two weeks ago we asked a question: maybe behind all the rhetoric and constant (ab)use of sophisticated terms like “gamma”, “vega”, CTAs, risk-parity, vol-neutral, central bank vol-suppression, (inverse) VIX ETFs and so forth to explain why despite the surging political uncertainty in recent years, and especially since the US election … global equity volatility, both implied and…

HH Who Will Survive The Retail Reckoni

By Knowledge Wharton Legacy retailers’ ongoing struggle to stay relevant in a landscape increasingly dominated by Amazon and online upstarts has come to a head in the past year. Companies will close thousands of stores this year – and some may not survive at all. While it may seem that retail is headed for an apocalypse dominated…