Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the information technology sector and consumer durables sector witnessing maximum buying interest. While energy stocks & metal stocks are trading in red. The BSE Sensex is trading up by 87 points (up 0.3%), and the NSE Nifty is trading up by 13 points (up 0.1%). Meanwhile, the BSE Mid…
Merlin welcomes Chris Manson to the studio to talk about how market relationships and correlations are vital to his trade selection and probability. Later they look at several viewer questions on the Aussie, Facebook and more.
EOS/USD made yet another stunning bullish move on Wednesday, after days of consolidation which followed its rallies in March. The 30% surge helped EOS/USD test above the 61% Fibonacci retracement level of $7.4, as well as the lower band of the daily Ichimoku cloud. With this, EOS became the leader of an otherwise partially bullish…
Jordan Roy-Byrne, Founder of The Daily Gold joins me for another look at the metals outside of war fears. The metals experienced a nice spike today but are pulling back and especially for silver could give up all those gains. It is more important to understand what is building for the sector rather than hoping…
Over the 10 trading days (2 weeks) through April 6, the S&P 500 averaged a daily range of 2.3%. According to Dana Lyons of the Lyons Share, that kind of volatility ranks in the 94th percentile since the S&P 500 began in 1950. Similarly, it is uncommon to see at least seven 1%-plus price swings…
Former US Senator Augustus Hawkins died in November 2007. It may seem superstitious to superimpose meaning on the timing, but maybe the only way it wouldn’t was if he had passed right on August 9 of that year. When I think of Humphrey-Hawkins, I don’t think of it at all as the vast majority seems…
On Tuesday, Rodney talked to his Triple Play Strategy subscribers about the extreme volatility we’re experiencing in the markets. He asked the question: “So, how are you feeling?” as he observed that investors are looking increasingly tired from the extreme drops and bounces we’ve endured the least few weeks. He concluded that the situation isn’t looking good and…
It is clear that gold is preparing a mega-breakout. After a 7-year bear market, I started sensing a couple of months ago that Gold would break out, starting a bull market in 2018. More recently, we confirmed our viewpoint with this article: Gold And Silver Bull Market Of 2018 About To Start. Today, we see another strong…
Walmart Inc.’s (WMT – Free Report) latest contract with Postmates is likely to intensify the online grocery delivery competition among retailers — which was largely triggered by Amazon’s (AMZN – Free Report) takeover of Whole Foods Market last year. Ever since the e-commerce biggie’s intrusion into the grocery space, retailers, particularly Walmart, have been making constant attempts to stay…
After a up then down day Doc and I look at the big picture for investors. Still waiting for a breakout in the metals is more about watching what other markets are doing. (Audio length 00:11:58)
