The Australian dollar went back and forth during the previous week, forming a bit of a neutral candle. We had tested the 0.77 level, an area that is important, but more importantly we have the uptrend line underneath. The market looks likely to continue to go higher over the longer term, but we will get…
Stocks are at a crossroad and this week’s Market Outlook videos will cover the following: 1) Key support levels in US Equities 2) What this week’s TSI (trend strength indicator) readings on US Equities are telling us right now 2) What level Gold has to break above to confirm a major trend shift to the…
While the main event this week will be the official start of Q1 earnings season which is expected to be blockbuster, if mainly at the EPS level thanks to Trump’s corporate tax cut, the biggest risk overhang remains the escalating trade war with China, and specifically Beijing’s retaliation to the unexpected Trump escalation in which…
Fundamental Australian Dollar Forecast: Bearish The Australian Dollar is still looking for a bullish break Interest rate differentials weigh on it against the US Dollar And worries about US/China trade relations are unlikely to go away anytime soon The Australian Dollar remains horribly liable to collateral damage from trade headlines emanating from the US and China. They can…
There should be no surprise that President Trump has launched his trade war with China.The real surprise is that financial markets, and business leaders, are so surprised it is happening.He was, after all, elected on a platform that called for a trade war, as I noted originally back in November 2016 – and many times since, even…
Not only have stock markets been volatile since January, also the fear of a stock market crash in 2018 is rising. Is this legitimate or not? In this alert Stock Market Crash 2018 About To Start published 2 months ago we concluded the following: This is intermarket dynamics, this is how many flows across markets, this is where…
We’ll see how Congress grapples with those issues, and others, when they grill Facebook CEO Mark Zuckerberg when he testifies before them this Tuesday and Wednesday. Facebook faces similar scrutiny by other countries over the coming weeks, so their issues are global and not likely to be resolved overnight. Source: Investing.com Meanwhile FB is hovering above its very long-term 23.6% Fibonacci retracement level of 153.37,…
It is already April 2018 and the first three months of the year are already history. I just want to give you a quick update of my independence fund. Currently the portfolio has reached a size of 55 720.05 EUR or as promised $68 446.51 USD. The portfolio contains of 31 companies and three ETF’s so far….
As global trade tensions play havoc with the financial markets, one strategy is to consider stocks with relatively large domestic sales exposure. This is the tactic recommended by Goldman Sachs. “Below the surface of the market, trade conflict would benefit the performance of the most domestic-facing U.S. stocks relative to the most foreign-facing firms,” the…
Trump says US and China will remain friends and China will take down trade barriers because it’s the right thing to do. President Xi and I will always be friends, no matter what happens with our dispute on trade. China will take down its Trade Barriers because it is the right thing to do. Taxes…
