What Will Happen To Bitcoin Now The entire cryptocurrency market bled cash in the last week to hit new lows. The move was swift, unexpected, and left many traders wondering if their holdings would be worth keeping, or if it was time to get out. While that question is yet to be answered there is […]
The Hawkish Fed Statement Has The Dollar On The Move The FOMC statement produced no changes to policy or outlook. The news, as a whole, is good for the market as it gives affirmation of positive economic growth and outlook for growth. The news is bullish for the dollar because outlook/expectation the FOMC would slow […]
Equities Surge On Earnings, The NFP Report Boost The Dollar Global equities are rebounding from their October lows as strong earnings sweep the globe. The US market is leading with gains greater than 6.5% as the week closes out, and they are well supported. Not only are earnings positive the outlook is brightening as trade […]
Earnings Are Good, Outlook Is Cloudy Global fear escalated to a new high over the last week as the Jamal Khashoggi murder added worry to an already overburdened market. The S&P 500 fell more than 5% in the week, extending the correction to 10%, and it looks like it could go lower. Although the Saudi […]
This Is How You Should Trade Equity Markets Now The US equity market and the equity markets of countries around the world corrected on the eve of peak earnings season. The major global indices fell more than 7% in most cases, driven lower by fear of rising interest rates and declining earnings growth, but the […]
The Only Thing For You To Fear Is Fear Itself Fear is one of the top two drivers of asset prices within the financial markets. Fear is so pervasive it can cause smart people to sell at the wrong times, and weak ones to buy at the worst times. The trouble with fear is that […]
This Is The News You Need To Know About The cryptocurrency market quietly bounced back over the past week as a number of positive events occurred within the industry. The market still has quite a ways to go to recover the losses incurred in 2018 but it looks like the bloodbath is over. Topping the […]
Wage Inflation Will Move The Dollar The US non-farm payrolls report was released today and was much as expected. Job gains were strong, unemployment is low and wages continue to rise. While several points within the report were tepid compared to expectation there is one that will move the dollar; average hourly earnings. Average hourly […]
This Is Why The S&P 500 Will Move Up This Year Labor Day weekend, a celebration of hard work and a time for families to picnic, go to the beach and spend time outside before the cold winter begins to set in. What it really means is an end to summer trading conditions and the […]
Economic Strength Is Leading The Dollar Higher The Dollar Index hit a new high in the last week but has since pulled back from that level. The high, near $97 and well above a target for long-term resistance, is the highest level the index has seen in more than 2.5 years and likely not the […]