Twitter, at one point, was on top of the world. The social network was driving users, innovating quality online income streams and more. However, throughout the year 2015, the story surrounding Twitter has become quite a bit different. The company has run into new user issues which have caused the CEO to resign, and now,…
Many people reading this will wonder what the connection between mathematicians and financial trading is. There is no need to wonder; a lot of financial tools, software, indicators and expert advisors were derived from mathematical and statistical calculations. Take for example the Fibonacci number sequences. The Fibonacci numbers which form the basis of the Gartley…
Wade Pfau has a white paper posted at FA Mag that pretty much blows up the 4% (retirement withdrawal rate) rule or attempts to anyway. Pfau lists several different factors for why 4% may prove to be too optimistic going forward including longer life spans (the 4% rule was originally conceived with a 30 year retirement and…
Unless you live in a cave, your most likely well aware the stock markets around the world have been soft the past few months. The chart below looks at the Dow from a 50,000 foot view, going back to the 1920’s. CLICK ON CHART TO ENLARGE As you can see the Dow has spent a…
Earlier this month, when we previewed the September ECB meeting and subsequent Draghi presser, we noted that the “the deflationary boogeyman still lurks” in Europe and as Richard Breslow wrote that morning, “the five year/five year inflation gauge that Draghi has said the ECB watches very carefully remains at very depressed levels [with] no sign from the swaps market…
The pace of growth for private-sector employment picked up in September, according to this morning’s ADP Employment Report. US companies added 200,000 jobs to payrolls last month, a moderately stronger gain vs. a revised increase of 187,000 in August. The upbeat numbers suggest that Friday’s official jobs report from Washington will also deliver encouraging numbers for September….
The EUR/USD pair has been a very tight market to deal with recently. After all, the market has been bouncing around below the 1.13 level down to the 1.10 level for the last couple of weeks, with a few sessions here and there that were outside of the range. Ultimately though, as you can see…
Equity benchmarks across the globe have felt the China reverberation as commodity deflation suddenly turns to commodity crisis. For stocks, this has been a reality check with many benchmarks trending nearer to the August lows with each passing session. After the spectacular rout that ensued before China got a grip on its own fledging capital…
Investors in the German stocks have been on a roller coaster this year. Anticipating ECB’s QE, and falling German yields, the DAX rose by more than 30% in the first 3.5 months of the year. Since April, it has given it all back plus some. It recorded the low for the year yesterday. However, the technical…
AUDUSD: The pair has triggered a recovery higher following a rejection of downside prices with two long-tailed candles on Sept 24/29 2015. This suggests a temporary bottom is now in place. While the 0.6938/36 zone remains as supports, we are likely to see further move higher. On the downside, support resides at the 0.6950 level…
