The headline rate for inflation fell for England and so did the pound. For the month of April, Consumer Price Index (CPI) declined 2.4%, a significantly lower reading than the forecast of 2.6% and the prior reading of 2.8%. With price pressure not...
"People don't seem to grasp easily the fundamentals of stock trading... When I am bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long...
The U.S. dollar index, so far, is having its second-best month since last June. BIG PICTURE The dollar index is a basket of currencies that consists of the euro, yen, pound, loonie, krona, and franc. The arguments are still strong for the basket to...
"We are what we repeatedly do; excellence, then, is not an act but a habit."--Aristotle Last week the euro continued its range trading for the first part of the week. As with most trading ideas, the trade set-up I mentioned worked great until it didn't....
The greenback is finally back and this time it's returning with a powerful bang. Yesterday's jump in the U.S. dollar index was quite encouraging. One of the currencies that has fallen nearly 25% against the U.S. dollar since November is the yen, after...
The Australian dollar plunged against all of its major trading partners after the Reserve Bank of Australia (RBA) lowered its benchmark rate 25 basis points (bp) to a record low 2.75%. Slow growth in the global economy and low inflation may leave the...
"All the math you need in the stock market you get in the fourth grade." --Peter Lynch Trading or investing is often more a game of "if/then" than it is one of complex mathematical computations. TWO KINDS OF MARKET KNOWLEDGE At a seminar I attended a few...
U.S. non-farm payrolls shocked traders Friday morning with a higher-than-expected reading. Non-farm payrolls rose to a seasonally adjusted 165,000, from 138,000 in the previous month, which figure was revised up from 88,000. The jobless rate did decline...