it's almost uncanny, check out this inverse correlation of the dollar index bs the s&p 500 on a 10 day 60 minute chart:
Ain't no shame in this game…and risk assets are tumbling early this morning in Europe. The dollar is a beast and ramping higher. Looking at a chart of the Euro Stoxx 50, note the support area at the 200 day moving average (blue line) that got violated to the downside today. Also note the next […]
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with all the Etrade baby TV ads going around, I stick with an 'old-school' one as my favorirte: http://www.youtube.com/watch?v=783CfN2R18k
When you sign up for the Free Weekly Newsletter you also receive the Trading Plan Preview PDF for Free: 21 Pages packed with details of my Trade Setups, Systems, and Methodologies! For more details visit: http://steadytrader.wpengine.com/newsletter/ Wishing You Happy Trading Serge
Good morning folks Hope everyone had a great weekend and is ready for the beginning of earnings season. In overnight action so far equity futures are up around 1/3 of a percent, silver up, gold and most of all oil are down. I sent out the weekly newsletter late last night. Sign up here if […]
Good morning and happy Friday! After a fairly flat broader tape yesterday, we rise this morning to most things, dollar and treasuries aside, trading at higher prices. The Euro continues its astonishing rally on the back of the rate-hike the other day. Gold, silver, oil, and stocks are all up solidly ahead of what looks […]