For the past twenty six hours the difference between pairs heading the same way has reduced. The euro/dollar is up 48 points: from 1.1179 to 1.1227. The pound/dollar is down 113 points: from 1.4663 to...
This past week, the big news for the market was the release of the April 27th FOMC minutes which once again suggested the Federal Reserve may be on a path to hike rates sooner rather than later. The ...
The market has drifted lower in recent weeks as rising anxiety over a second Fed rate hike looms. I look at some of the top technical and fundamental reasons the market is behaving the way it is. Obse...
Investments in stocks made from diligent value analysis is usually considered one of the best practices. In value investing, investors pick stocks that are cheap but fundamentally sound. So the chance...
Week 19 of 2016 shows same week total rail traffic (from same week one year ago) declined according to the Association of American Railroads (AAR) traffic data. Rolling averages continue moving deep...
AUD/USD. With the pair halting its weakness to close on a rejection candle on Thursday, a move higher could be developing. On the downside, support resides at the 0.7200 level where a breach will aim ...
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM16 +0.20%) are up +0.22% and European stocks are up +0.98% as a recovery in commodity prices boosts energy and raw-material producing stocks. Jun WT...
The Dow (DIA) does not need to break last year’s low. That was accomplished in the Nasdaq (QQQ) and S&P 500 (SPY). Nothing has changed there. The entire interest rate issue has far too many peop...
One of the adverse effects of extraordinary low interest rates and quantitative easing policies is that it has enabled a lot of zombie companies to stay in business. While this has kept open many comp...
A second interest rate hike may be near, advised New York Fed President Bill Dudley on Thursday. “If I’m convinced that my own forecast is on track, then I think a tightening in the summer, the ...