Earnings and Market Behavior

Today a good friend of mine John Bougearel of Financial Futures Analysis will share with us his trend strategy during 2009 Earnings Season. Take a look, then let us know how earnings affect your trading.

===================================================================

The SP500 NFP +1 Day Model for April 3: In Advance of the Q1 09 Earnings Season Model

A longstanding behavioral finance model that I use considers the release of an important announcement plus one or two days. The flipside of this is model is the release of an important announcement minus a day or two. In this instance, we are considering is the NFP +1 day model. A second perhaps more important model to address is how the pricing of the SP 500 during the Q1 09 earnings season might or might not correlate to the pricing model Q4 08 earnings model. The two are interrelated and must be considered together.
Continue reading "Earnings and Market Behavior"

FOREX... is the British pound making a reversal?

We haven't looked at the British Pound (GBP) lately, as it has been in its major swing to the downside. The question is, is the British pound ready for a comeback?

In our new video, I delve into the depths of the British Pound, and take you step-by-step into my thought process and why we're looking at this market right now.

Continue reading "FOREX... is the British pound making a reversal?"

Widening Deficits

Today's guest is Olivier Garret, CEO of Casey research. Oliver is going to give us his take on the ballooning deficit. Enjoy and be sure to leave us a comment giving us your thoughts on the deficit!

===================================================================

On March 20, 2009, the bipartisan Congressional Budget Office (CBO) released its latest forecast in an effort to take into account the impact of the recently released Obama budget.  The verdict?  A whopping $1.8 trillion deficit for 2009, approximately four times larger than the all-time record established in 2008 ($455 billion).

The concerns raised by this latest forecast are many:
1)    A mere two months ago, the CBO’s estimate for 2009 was “only” $1.2 trillion. They have already grossly underestimated a deficit that will most likely continue to balloon in the coming months.

2)     While the new administration has focused its attention on the spending side of the budget, it has paid little attention to the other side of the equation.  What will happen when tax revenue comes in much lower than current projections?

3)    Even ignoring the likely expansion of the projected deficit, where will we get the $1.8 trillion needed to cover the CBO’s estimated deficit? Foreign investors? Higher taxes? Or that old standby, the printing presses?
Continue reading "Widening Deficits"

Fibonacci... it's a technical tool that can make you rich.

Fibonacci... it's a technical tool that can make you rich.

You may have heard about Fibonacci, the man who discovered a set of numbers who that have a major affect on the market. So who is this Fibonacci fellow, and why are his findings so important in the market place?

The mathematical findings by this thirteenth century Italian man has yielded a useful technical analysis tool which is used in technical analysis and by scientists in a large array of fields.

Continue reading "Fibonacci... it's a technical tool that can make you rich."

A chart pattern the pro's use everyday (New Video)

This week, I want to share with you a chart pattern that the pro's use everyday to great effect. The chart pattern we will be looking at, is one of my favorites as it has a high reliability factor.

The chart pattern in this short video is well known inside the professional trading community. However, outside of the pro circle it seems to be shrouded in mystery.

Continue reading "A chart pattern the pro's use everyday (New Video)"