Dollar: How will the Greenback React to the Fed Decision?
Euro Takes a Fundamental Hammering but Price Still Holding
British Pound Traders Look to BoE Minutes for Rate Outlook
Swiss Franc Dives on Speculation SNB Moving EURCHF Floor to 1.25
Japanese Yen Sees Volatility Explode in Asian Session – Intervention?
Australian Dollar Traders Refuse to Absorb RBA’s Rate Commentary
Gold …
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Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Orlando, Florida on Thursday, November 10, 2011. An excellent meal will be followed by a wide ranging discussion and an open ended question and answer period.
I’ll be giving you my up to date view on stocks, bonds, currencies, commodities,…
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Within the financial sector there have only been two places to put money to work and one of them has been the group of Pay Day lenders, Cash America international ($CSH), EZCORP ($EZPW) and First Cash Financial Services ($FCFS). But these stocks are starting to show signs of tiring and a possible pullback. A good sign if you have missed…
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Gold has a technical relationship with many other market segments. Looking at its relationship with US Treasuries it s now at a critical juncture. Below is a ratio chart of the SPDR Gold Trust ($GLD) against the iShares Barclays 20+ Year Treasury Bond Fund ($TLT). Notice how this ratio has been in a range between 1.51 and 1.67 since April.…
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Even though yesterday was a down day, if you were involved in a few Nasdaq 100 stocks and a couple of other big caps, it was a great day. $AAPL, $AMZN, $CMG, $WYNN, $MAKO (small cap) made the market seemed like it was up for the day. However, the Nasdaq and the NYSE together had 1262 advancing stocks compared to…
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Crude Oil Bounce with Risk Appetite Likely to Prove Temporary
Gold, Silver Outlook Hinges on Wednesday’s FOMC Announcement
WTI Crude Oil (NY Close): $85.70 // -2.26 // -2.57%
Crude prices remain closely correlated to the S&P 500, with strong gains in futures tracking the benchmark stock index ahead of the opening bell on Wall Street corresponding with gains …
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Markets are showing some resilience this morning after yesterday’s selloff and recovery. Expect more of the same until the SP500 can close successfully above the 8/31 high of 1230.71. The Qs continue to lead and may be challenging the summer highs by the time the SP500 reaches resistance at 1250 to 1260.
Markets are doing a great job of generating…
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Macro Millionaire Punches Through to New All Time High.
by John Thomas on September 20, 2011
in Featured, Stocks
Macro Millionaire, my innovative trade mentoring program, punched through to a new year to date return of 39.15%. Suring the same time period, which began on December 1, 2010, the S&P 500 posted a paltry 2% gain.
Since the August 8 low in the stock market, I have closed ten consecutive profitable trades in the S&P 500 (SPY), the United…
Tagged as: Daily Commentary, John Thomas - Free Daily Commentary
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