Sign inRecent Commentaries tagged (gold)
Stocks Poised to Continue Rally; Demand for Risk Weakens Dollar
Retail Sales just came out bullish. Equity markets are soaring. Bonds are breaking. The Dollar is plunging. The market reads this report as good. The key will be to be able to separate the report from the trade. The question is will U.S. investors chase equity market higher or wait for a...
Chart Presentation: Loonie Tunes
March 11 (Bloomberg) — Canada’s dollar traded near the strongest level in five months against the greenback as crude oil and stocks gained before a report tomorrow forecast to show the nation’s economy added jobs in February. Our problem is that we believe that the Canadian dollar is going to...
Jim Wyckoff's Morning Blog--Friday
Friday, March 12--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a lower U.S. dollar index and higher crude oil prices. JIM'S MARKET THOUGHT OF THE DAY * The grain futures markets have been under selling
The Trend Trader For Futures Trading on Friday, March 12, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
U.S. Equity Markets Expected To Open Weaker This Morning
U.S. equity markets are expected to open weaker this morning but off their lows. Last night’s news that China’s inflation was higher than expected, fueled speculation of a rate hike which helped drive down demand for higher yielding assets. The lack of follow-though to the downside has...
Jim Wyckoff's Morning Blog--Thursday
Thursday, March 11--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market feature in quieter overnight/early morning trading today is weaker U.S. stock index futures prices. JIM'S MARKET THOUGHT OF THE DAY * The U.S. dollar index continues to trade in a sideways and...
The Trend Trader For Futures Trading on Thursday, March 11, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
How to play Indocan Resources Inc. IDCN.PK ?
The obvious answers would be “You shouldn’t!”. There are a lot of folks out there trying to prove the stock is still capable of providing gains and breaking resistance after resistance. People should understand though, the only factors driving this thing are press releases and nothing tangible...
Stocks Continue to Rally Despite Drop in Volatility
U.S. equity markets are trading firm overnight after yesterday’s surge to the upside. Buying pressure dried up late in the session, but no damage was done to the uptrend. Volatility is falling which is making traders appear complacent. This could be both good and bad. On the good side, it could...
Jim Wyckoff's Morning Blog--Wednesday
Wednesday, March 10--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are firmer crude oil and gold futures prices. JIM'S MARKET THOUGHT OF THE DAY * Most agricultural commodity futures markets have price...
The Trend Trader For Futures Trading on Wednesday, March 10, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
April Gold Feels Pressure Because of Stronger Dollar
The lack of major economic reports today means the direction of the Dollar is likely to exert more influence on the U.S. equity markets. With the Dollar up overnight because of risk aversion, traders are selling equities. Yesterday’s tight trading range and lack of follow through during the New...
Jim Wyckoff's Morning Blog--Tuesday
Tuesday, March 9--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market feature in overnight/early morning trading today is a stronger U.S. dollar index and lower crude oil and gold futures prices. JIM'S MARKET THOUGHT OF THE DAY * Crude oil prices are under selling...
The Trend Trader For Futures Trading on Tuesday, March 9, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
June Crude Oil Continues to Climb
U.S. equity markets are expected to open better this morning due to a pick-up in demand for higher yielding assets. Investors are also feeling more confident in the long side following last Friday’s better than expected Non-Farm Payrolls Report. The lack of fresh major economic news until at...
