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Market Commentary

More Market Commentary
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Time to Sell E-Mini Premium

Wednesday’s FOMC didn’t bring any surprises. I don’t think anyone was looking for action from the Fed, and the Fed lived up to that expectation.  But the tone of the Fed’s statement might have turned a bit more hawkish from the previous dovish announcements.

The term “strengthened” made an appearance in describing the current labor market, probably referring to the addition of 287,000 jobs in the June jobs report. “Growing strongly” was used to describe current household spending, another poi...

Jul 28, 2016
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Near-term resistance for German DAX

Our post in early June about the DAX showed how the index might erase four years of growth during its next declining phase. However it is still too soon to be certain about the character of the decline – whether it will consist of a series of overlapping three-wave moves or will instead take an impulsive five-wave form.

As a rule of thumb, the target of a retracement after coming out of a triangle is a retest of the middle area of the same triangle. In this case, it suggests that the DAX sho...

Jul 28, 2016
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NVDA is Clearly Best in Class

NVIDIA is one of the best performing stocks in 2016 and there seems no letting up.  After a couple of stellar earnings reports in February and May this company has defied the odds and any market selloff to lift to levels not seen in years.  The impressive run has been on very strong turnover, what we like to see when a stock shows tremendous power.  We can see from the lower pane the momentum continues with this stock.

The MACD is still on a buy signal but what is amazing is the relative stre...

Jul 27, 2016
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Profit from Uncertain Wheat Direction

Wheat recovered nicely Friday , and Monday posting solid gains amid poor harvest results so far in France and parts of the European Union. However a turnaround Tuesday buoyed by hopes of record Russian Production in the post Soviet era halted the two session rally as once again both Chicago and K.C. futures couldn’t hold any rally much less the 4.50 level. The situation is worth following as non commercial and non reportable funds entered this week short over 100K Chicago wheat contracts. Th...

Jul 27, 2016
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A Crude Breakdown

Crude oil has been sliding since the early July breach of 45.83, an important support now turned resistance.  It’s now fallen below the next critical support at 43.03, which is likely to usher in a persistent move to the downside.

Click here to watch a video explaining how to read markets using volume at price.

The break below 45.83 shifted the bias to bearish but with established support at 43.03 – 44.79 there was no meaningful downside progress initially.  Now that this zone of support has ...

Jul 27, 2016
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Featured Stories

More Featured Stories
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A Simple Way to Improve Your Investment Result

Over the years, I’ve found that most investors believe that the process of achieving high returns tends to be through the process of addition. Everywhere you turn there is an advisor or commentator recommending that you buy one thing or another to add to your portfolio.

What many investors don’t realize is that there are times when the process of subtraction can be a better strategy. In simple terms, the subtraction process means avoiding investments that are losers.

To put this in perspectiv...

Jul 28, 2016
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6 Ways Every Forex Trader can Enhance the Performance of Their Expert Advisors

The manual system of trading forex is fading away, they assume it is time consuming; alternatively, they’ve employed systems that are designed to execute trade automatically.

Enhancing your Expert Advisor is a strategic step of improving your chances of winning through trading forex.

Before we go any further, let’s start by understanding what forex Expert Advisor is all about.

What is an Expert Advisor ?

Forex Expert Advisors is program that allows the automation of the analytical and tradin...

Jul 27, 2016
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Does The Fed Actually Manipulate Markets?

Investors love dogging the Fed. This is especially true for hedge fund managers. They’re extremely quick to blame their weak performance on central bank “manipulation” instead of their own failures.

So the question is… does the Fed really manipulate markets? And does it hurt investors?

The answer is yes and no.

To properly explain, we need to explore the central bank/market relationship. Understanding this dynamic is one of the most important concepts a trader/investor can grasp .

So let’s st...

Jul 27, 2016
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When Will the Economic System Collapse?

Retail is contracting, GDP is manipulated, and the United States no longer has any manufacturing. Central bankers are doing everything they can to convince the world that this economy is doing well and that “there’s no problem.”

However, every European economy is trending downward. The UK is heading for a recession. The British GDP contracted by .4% in the third quarter, the manufacturing PMI tumbled from 52.1 to 49.1, and the service PMI fell from 52.3 to 47.4, its lowest point in 88 months....

Jul 25, 2016
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8 Trading Words and Phrases To Avoid

A couple weeks back I introduced a partial list of market talk phrases to avoid when focusing on markets. Today we have more to consider. Always remember the reward is from your own effort and ability to make tough decisions in challenging times. Rely on your own instincts and use sound judgment.

‘There is little risk in markets’ – Just when it seems markets are going to lose gravity and go higher than anyone expects, reality bites. Markets have risk and if we are willing to take it then we h...

Jul 25, 2016
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