News

Dollar Market Outlook: Is The Bottom In?

Jul. 10, 2020

Dollar Outlook; Which Way Will It Go, George? The Dollar Index has been trying to establish direction for a couple of weeks now and it may be on the verge of the next big move. At one point I was very bullish on the rebound but soon became less sanguine. Now, the index has more-or-less […]

The Bulls Are Still Betting On Ethereum 2.0

Jul. 06, 2020

Delayed, Again, When Will It Ever Come Despite being delayed again Vitalik Buterin says ETH 2.0 is still on track to begin launching in 2020. I say begin launching because even the upgrade, more than three years in coming, will take at least three phases. The first phase, slated for later this year, is called […]

Index Market Outlook: The S&P 500 Melt-Up Will Continue

Jul. 02, 2020

Man What A Jobs Number! The NFP figure was released today and boy was it ever a big one. The headline figure came in at 4.8 million and well above the consensus figure. When you add in the revisions to previous months the figure is closer to 4.9 million and just shy of the 5 […]

Oil Outlook: Trade It But Don’t Own It

Jun. 29, 2020

Oil Markets Are Rising The oil price war and COVID-19 pandemic certainly put a hurting on the oil markets. The price of WTI and Brent fell to multi-year lows counted in terms of decades showing just how unstable the market was. Not only was supply high, production and capacity were near record levels while demand […]

Dollar Outlook: Beware The Rebound

Jun. 25, 2020

I’m Not So Sure About This Rebound The Dollar Index hit a bottom recently and began a reversal. I myself have expounded on the idea even calling for the possibility of a full reversal. What I’m seeing now, however, isn’t all that bullish despite an appearance of strength. I think traders should be cautious with […]

Buy Ethereum Now!

Jun. 22, 2020

Ethereum Is A Buy, Buy, Buy The crypto market has been in a consolidation over the past month or so that, quite frankly, starting to outlive its welcome. Coins like Bitcoin and Ethereum corrected from their freshly set highs only to languish along support waiting for …. something. Well, I don’t know if that something […]

Forex Market Outlook: The Dollar Rebound Is Gaining Momentum

Jun. 19, 2020

The Dollar Rebound Is Gaining Momentum The Dollar Index is finally in rebound mode. After weeks of down-draft the index hit a bottom and bounced higher. This week’s action has the index above previous resistance levels and looking strong. If not strong, then at least gaining strength and moving higher. Underpinning the move is the […]

The Dollar Outlook: A Rebound … Maybe

Jun. 15, 2020

The Bottom Is In? The Dollar market outlook has been a bit off over the last few weeks. The global reopening had traders flooding into the risk-on trades for some reason but now that may be over. A growing number of new cases both globally and within the U.S. has traders on edge. The second […]

Bitcoin Market Analysis: Bulls In Control With Ascending Triangle

Jun. 12, 2020

I Play Them Like I See Them Trading is a tough business, you have to take the losses along with the wins, there is no two-ways about it. That’s why traders tend to rely on strategy, technique, and signals derived by formulaic methods. Strategies like following the trend, candlestick signals, and price patterns that have […]

The Dollar Forecast: Strong Jobs Numbers Point To Major Rebound

Jun. 08, 2020

The Dollar: I Just Can’t See It Moving Lower The Dollar Index has been moving lower over the past few weeks despite my best guesstimates. The combined power of weak economic data, the pandemic, the slow reopening, the FOMC outlook, and the riots have combined to undermine what should be a very bullish trade. I […]