Outlook

National Market System: What to End; What to Mend

The Principal Traders Group of the Futures Industry Association (FIA PTG) recently offered its thoughts on market structure, outlining one direction of reform for the Securities and Exchange Commission’s Reg NMS. Reg NMS (National Market System) was promulgated in 2005, in order to ensure competit ...

FRIDAY'S REBOUND PREVENTS FURTHER STOCK DAMAGE -- BUT WEEKLY AND MONTHLY CHARTS ARE SENDING MORE SERIOUS WARNING SIGNS

S&P 500 HOLDS 200-DAY AVERAGE ... A stock rebound on Friday prevented a more serious market breakdown. That's because it allowed the S&P 500, and some other market gauges, to hold at or above their 200-day moving averages. That included the Dow and the Nasdaq, as well as consumer discretionary and ...

Book Bits | 13 October 2018

● The Four Pillars of Portfolio Management: Organizational Agility, Strategy, Risk, and Resources By Olivier LazarSummary via publisher (CRC Press) Portfolio management consists mainly of making decisions about which initiatives to undertake, which initiatives not to pursue, and which resources a ...

Gold Starts To Run 2018-10-11 CT Video

The Canadian market has been hit hard. The $TSX is currently 200 points away from the highs of 2008. Thats hard to have 10 years with little progress.  The weekly PPO went negative this week which is another reason to be less optimistic for a fall rally. On a weekly chart, the trend is the bi ...

Chinese markets sag but more pain to come

Stephen Innes Head of Trading OANDA Asia Pacific discusses his views on China  with Victor Ferreira from Canada’s Financial Post   North American stock markets weren’t the only ones to feel the pain this week: China’s main index dipped nearly eight per cent as the country’s markets cont ...

Next week’s spotlight falls on the USD and the RMB complex.

Well, that was dramatic, but some significant levels on equity markets held on a closing basis, while the DXY rallied into the close. But in the end, it was all about cleaning the slate while living to fight another day. Next week spotlight falls on the USD and the RMB complex, and following the li ...

US Retail Sales to Support Dollar


The US dollar was higher against major pairs on Friday, but not enough to end up the week on positive territory. A stock market rout took its toll on the greenback and the subsequent rebound in stock prices supported the currency ahead of the weekend. Strong US data and a clear interest rate hik ...

Gold Makes Bullish Breakout as Investors Fear Higher Interest Rates $GDXJ

Its been a great week for the beaten up gold investors as capital sought safety as a market panic started.  In reality, the stock market was way overbought and needed at least a shakeout which it has done pulling back to the rising 200 DMA. For months I have been early seeing declining momentum an ...

Q3 GDP Forecasts

From Merrill Lynch: 3Q GDP tracking remains at 3.7% qoq saar. [Oct 12 estimate].emphasis added And from the Altanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.2 percent on October 10, up from 4.1 percent on October 5. ...

Tentative Signs of Life in Gold - David Brady (12/10/2018)

Oct 12, 2018 Gold has finally caught a bid this week and is up to its highest level since July 31. The fact that the U.S. and China appear to have agreed on a meeting between Trump and Xi on trade issues at the next G20, coupled with the U.S. treasury’s decision not to label China a currency man ...