The average investor in America is usually only concerned with what the S&P 500, Dow Jones Industrial Average or the NASDAQ is doing. That’s great but in this day and age it’s a global marketplace. What happens to stock markets in Europe to Asia can easily affect US markets or even give clues to what […]
Greg Schnell on the US Dollar
This past week, Greg Schnell gave us his thoughts on the US Dollar and what a rally in this asset could mean for equities. As we can see in the first chart, the Dollar is very close to breaking out above the highs we saw in Q4 2018. Greg also mentions that a breakout in […]
Litecoin Shines During Recent Crypto Bounce
Crypto charts have been creeping back into the financial twittersphere lately. As most popular coins ala Ethereum, Bitcoin and Ripple are still cooling off from last year’s bloodbath, one coin has been showing consistent outperformance. As Trader, Peter Brandt points out in his tweet below, “in the past three months $LTC has doubled in value […]
David Keller: Neutral on the S&P 500, Bullish on Gold
David Keller, President of Sierra Alpha, was on TD Ameritrade’s Morning Trade Live with host Oliver Renick this past Thursday where they discussed the S&P 500 trading levels, breadth, momentum and Gold. To begin, David and Oliver hit on the overall indecision and lack of clarity in terms of the lack of direction in the […]
This Pattern is Signaling a Big Move in USD/JPY
Matt Weller CMT, CFA is a Senior Market Analyst at Faraday Investment Research. He published a note today on forex.com detailing the symmetrical triangle pattern that is currently forming in the USD/JPY currency pair. He explains the significance of this price action by comparing it to the coiling of a spring: “As the range continues […]
