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  • Finance 0

    AAPL Sends The Nasdaq Lower

    Apple Sells Off The stock market ended Friday mixed as the Nasdaq was the biggest sore spot, falling 0.59%. As I highlighted in previous articles, Apple (AAPL) usually falls right before the unveiling of its new phone. The 1.63% decline on Friday added to the Nasdaq’s woes. The stock is now down 3.30% off its all-time closing high. It will likely drag the market lower early next week. The biggest uncertainty for the September 12th release will be the pricing of the new devices. There is expected to be 3 new devices unveiled with the high-end device potentially costing $1,000+. Apple has been great at getting customers to pay more money for...
    On September 10, 2017 / By
  • Finance 0

    Gold – The Possibility For A Short Intermediate Cycle

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    On September 10, 2017 / By
  • Finance 0

    Trading Support And Resistance – Sept. 10

    This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the past 3 months. Assuming that trends are usually ready to reverse after 12 months. Trading against very strong counter-trend movements by currency pairs made during the previous week. Buying currencies with high interest rates and selling currencies with low interest rates. Let’s take a look...
    On September 10, 2017 / By
  • Finance 0

    “Shock Event” For 3 Top Insurance ETFs

    Price on three top Insurance ETFs has been dropping since mid-August, as shown on the following daily charts of IAK, KBWP and KIE. In the process, they made some extreme lower swing lows on each of their respective three technical indicators, suggesting that further weakness lies ahead. As of Friday’s close, they are trading around their 200-day moving averages, so failure to regain an upward bias from that level could spell further sharp drops for these ETFs. Watch for any major volume spikes on further weakness to indicate possible panic selling. In the short term, we may, first, see a retest of their 50-day moving averageÂ...
    On September 10, 2017 / By
  • Finance 0

    EUR/USD To Stay Bid Ahead Of FOMC As ECB Unveils Post-QE Game Plan

    Fundamental Forecast for Euro: Bullish EUR/USD climbs to fresh 2017-highs even as the European Central Bank (ECB) sticks to its current policy, with the pair at risk of extending the advance from earlier this month should key data prints coming out of the U.S. economy continue dampen expectations for three Fed rate-hikes in 2017. The fresh remarks from the Governing Council suggests the central bank is in no rush to remove the zero-interest rate policy (ZIRP) as ‘a very substantial degree of monetary accommodation is still needed for underlying inflation pressures to gradually build up and support headline inflation developments in the me...
    On September 10, 2017 / By
  • Finance 0

    Emerging Markets: What Has Changed- Sunday, Sept. 10

    In the EM equity space as measured by MSCI, Brazil (+3.1%), Russia (+1.8%), and Colombia (+1.3%) have outperformed this week, while South Africa (-2.0%), Poland (-2.0%), and Turkey (-1.9%) have underperformed. To put this in better context, MSCI EM rose 0.1% this week while MSCI DM was flat. In the EM local currency bond space, Brazil (10-year yield -32 bp), Indonesia (-22 bp), and Russia (-18 bp) have outperformed this week, while India (10-year yield +5 bp), Argentina (flat), and Chile (flat) have underperformed. To put this in better context, the 10-year UST yield fell 10 bp to 2.06%.  In the EM FX space, MYR (+1.8% vs. USD), BRL (+1.7% v...
    On September 10, 2017 / By
  • Finance 0

    Decision Time For Tech And S&P

    The coiling setup from last week unwound itself with a move lower; whether markets have blinked and are ready for further losses or if this is just some ‘bear trap’ remains to be seen. The key test will be whether support from long established rising price channels will hold if such losses continue. The S&P only posted a small loss and some may consider Friday’s action a shift in the coil position (use the 2-day high/low to define the trade and stop). However, the rising channel is very close and is in close proximity to the 20-day and 50-day MA.   The Nasdaq experienced a bigger loss than the S&P but has a greater ...
    On September 10, 2017 / By
  • Finance 0

    All The Bogeymen Are Here

    I am tempted to use one of the most tired clichés to describe the state of play in financial markets. In his famous book with the same title, Malcolm Gladwell describes a tipping point as “the moment of critical mass and threshold” at which point the parameters and rules of the game—in a market or environment—change radically. As I peer across markets and economies, I am starting to wonder whether we are getting close to just that. The eye of the storm is quite literally the U.S. where the layers of economic and political uncertainty are now so thick that I am not even sure where to start. The tinfoil hat scenario goes someth...
    On September 10, 2017 / By
  • Finance 0

    3 Excellent Dividend ETFs For Turbulent Times

    U.S. equity markets are going through turbulent times. There is a lot of volatility and uncertainty owing to rising geopolitical risks and political uncertainty. This has increased the appeal for dividend investing. Geopolitical Risks North Korea conducted its sixth nuclear test, that of a hydrogen bomb, which can be mounted on an Inter Continental Ballistic Missile, on Sep 3, 2017. Kim Jong-Un’s actions have created huge unrest in a number of Asian economies and the United States. U.S. President Donald Trump has been suggesting that Kim Jong-Un’s threats will be met with military actions if he threatens to harm U.S. territories or any of...
    On September 10, 2017 / By
  • Finance 0

    Forex Metrics And Chart Week 37 / 2017

    The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the CAD(4X) followed by the EUR(2X) with the CHF(2X) and the AUD(2X). The weaker currencies are the USD(4X) followed by the NZD(3X). By diversifying a nice combination can be traded in the coming week like e.g.: USD/CAD with the EUR/NZD EUR/USD with the NZD/CAD Ranking and Rating list Analysis based on TA charts for all the major currency pairs. Good luck to all. No advice, just info. Every week the Forex ranking rating list will be prepared for the weekend. All the relevant Time Frames will be analy...
    On September 10, 2017 / By