Financial markets always have and always will pose two basic questions that investors seek to answer:
Systematic approaches to these questions commonly belong to either fundamental or technical analysis. Let's consider each one briefly. Continue reading "The Drop Like a Rock Scenario for U.S. Markets"
A two-day rally that sent stocks soaring last week fizzled out Monday.
European leaders vowed Thursday and Friday to keep the continent's monetary union intact, and investors sent stock markets shooting higher. But stocks were little changed Monday as investors waited to see if they would back up their words with action. Continue reading "Stock indexes drift lower, ending a two-day rally"
Each week Lo
ngleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.
TRADING GOLD THIS WEEK
After a strong finish last week, most of the major markets begin the week looking a bit sluggish. The lack of follow through buying should have been expected as we enter a week choked full of very important reports and economic policy decisions. Continue reading "Chart of the Week - Gold"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 30th of July.
For the past 8 Mondays, the market has closed lower for the day. Is this Monday going to make it 9 in a row? If it is, the market will break a record that has stood since 1973.
Last Friday we posted on the Members Blog a chart of the Euro saying that we think that it has topped out. Today's market action sort of confirms that, and we would not be surprised to see this market on the defensive for the balance of the week. Of course we have some big reports coming out this week, but as always we will rely on our Trade Triangle technology to keep us on the right side of the markets. Continue reading "Daily Video Update: Is Monday going to be 9 in a row?"
European Central Bank president Mario Draghi has already taken Europe's monetary authority into uncharted territory.
Now, with the debt crisis in Europe threatening further disaster, he may have to push it even farther into the unknown to save the euro.
The 17 countries that use the euro are struggling as economies across the region face deepening recessions. Spain and Italy, the two chief trouble spots, are threatened with a financial collapse that could tear the 13-year old currency union apart and rock the global economy. Continue reading "All eyes on ECB's Draghi to fight crisis"
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