Sound money advocates who love the concept of cryptocurrencies but don’t want to abandon precious metals have been trying to clarify their thoughts of late. Risk Hedge just helped, with a comprehensive statement of the pro-gold position. The following is an excerpt. Read the full article here. here Despite what the crypto-evangelists will tell you, digital…
Briefly: Intraday trade: Our Friday’s intraday trading outlook was neutral. It proved partly wrong because the S&P 500 index lost 0.3%, following slightly lower opening of the trading session. The market retraced some of its Thursday’s move up on Friday. We still can see negative technical divergences along with medium-term overbought conditions. Therefore, intraday short…
EUR/USD The EUR/USD pair rally during the day, but gave back about half of the gains to form a shooting star. Because of this, I think that the market could pull back to a significant support at the 1.17 level. That’s an area that was the previous neckline for the head and shoulders pattern that…
OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 -0.06%) this morning are down -0.02% on concern over passage of U.S. tax reform legislation. European stocks are up +0.23%, led by strength in automakers, after Volkswagen AG raised its 2020 sales growth forecast to 25%, up from a forecast of 20% in March. The upside in…
Acorda Therapeutics announced that it is discontinuing its clinical development program for tozadenant, an investigational treatment for Parkinson’s disease, including immediately discontinuing dosing of all participants currently enrolled in its tozadenant studies. The company made this decision based on new information obtained from the Phase 3 program related to previously disclosed agranulocytosis and associated serious…
December 4, 2017 concludes the 180-day lockup period on ShotSpotter, Incorporated (SSTI). When the lockup period ends for SSTI, its pre-IPO shareholders, directors, and executives will have the chance to sell their approximately 4.4 million shares of previously restricted shares. (Source: S-1/A) The potential for a sudden increase in stock available in the open market…
Last Thursday’s signals were not triggered, as none of the key levels were ever reached Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered between 8am London time and 5pm New York time, today only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch…
Last Thursday’s signals were not triggered, as none of the key levels were ever reached Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered between 8am London time and 5pm New York time, today only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch…
A few weeks ago, we looked at the current state of affairs in smart beta factors in the U.S. markets. With flows into U.S. smart beta stock ETFs in recent years, we found that there was a reduced, but not eliminated, effectiveness with a factor-based approach. Many investors see international equity markets as generally less efficient than U.S. markets,…
The worries about the failed German coalition talks sent EUR/USD some 50 pips lower. But this did not last. The pair is already back to 1.18, even exceeding the opening levels. This is more than a full recovery. When a currency doesn’t fall on bad news, its strength is exposed. This implies magnified gains when good news…
