EUR/USD Is Hugging 1.17 For Too Long, Big Breakout Ahead?

EUR/USD Is Hugging 1.17 For Too Long, Big Breakout Ahead?

The EUR/USD is moving up within the narrow range. A tug of war between trade calm, US yields, and Brexit headlines keep the pair steady. The technical picture remains bullish for the EUR/USD. The world’s most popular currency pair is flirting with the 1.1700 level once again, holding up in the high range that characterized […]
Except For Corporate Buybacks, Major Sources Of Buying Power Weak This Year

Except For Corporate Buybacks, Major Sources Of Buying Power Weak This Year

On an absolute basis, margin debt remains huge but has not grown much this year. Except for corporate buybacks, margin debt, along with other sources of buying power, have softened. The S&P 500 large cap index jumped three percent in August. FINRA margin debt was not much of a factor in this.  In fact, it […]
Stocks Going Ex Dividend In October 2018

Stocks Going Ex Dividend In October 2018

The following is a short list of some of the many stocks going ex dividend during the next month. Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly […]
USDCAD Daily Analysis – Thursday, Sept. 20

USDCAD Daily Analysis – Thursday, Sept. 20

USDCAD extended its downside movement from 1.3226 to as low as 1.2899, facing 1.2887 support. Further decline would likely be seen and next target would be at 1.2800 area. Resistance is at 1.2970, as long as this level holds, the downtrend will continue.
Health Equity – Roaring Through $100

Health Equity – Roaring Through $100

Introduction: I’ve written several articles highlighting HealthEquity (HQY) since the sub $40 range as a great play on the secular growth in the Health Savings Account (HSA) space that’s largely independent of legislative actions, the drug pricing debate or rising insurance costs. HealthEquity is not an insurance company thus does not possess any liability for […]
Kiwi Rose After Strong GDP While China Tax Cut Talks

Kiwi Rose After Strong GDP While China Tax Cut Talks

As New Zealand’s 2Q GDP beat earlier forecast of 0.8% and rose by 1%, Long NZD/USD?  In the second quarter, New Zealand economic growth was broad-based with 15 of 16 industries recording higher production.  Economic growth accelerated to 2.8% from 2.6% on y/y basis.  New Zealand’s overnight Interest rate swaps previously pricing for a rate cut by […]
USDCHF: Extends Price Recovery With Risk Toward 0.9719

USDCHF: Extends Price Recovery With Risk Toward 0.9719

The USDCHF pair remains biased upside on price recovery. This is coming on the back of its second day of strength. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level. On the upside, resistance resides […]
GBP/USD Price Volatility Stays In Bullish Trend Channel

GBP/USD Price Volatility Stays In Bullish Trend Channel

GBP/USD 4 hour Source: Admiral Markets MT5 with MT5 GBP/USD motive wave – 20 September 2018 at 4:00 AM GMT The GBP/USD tested and bounced at both the support (blue) and resistance (red) trend lines of the bullish trend channel. The price did not break below the channel; which is making a bullish continuation towards the Fibonacci levels, and this is […]
WTI Crude Oil And Natural Gas Forecast – Thursday, Sept. 20

WTI Crude Oil And Natural Gas Forecast – Thursday, Sept. 20

WTI Crude Oil The WTI Crude Oil market exploded to the upside as Iranian embargo restrictions are put on, and of course, the inventory draw was slightly under expected but was still strong. With that in mind, it looks as if we are testing the $71.15 level yet again, an area that has been massive […]
Sector Rotation: A Short-Term Bullish Sign For The Stock Market

Sector Rotation: A Short-Term Bullish Sign For The Stock Market

The stock market is experiencing sector rotation. The Dow was up 0.6% yesterday while both the Russell 2000 and Nasdaq fell. Whereas small caps and tech stocks led the rally while large caps lagged during the first half of 2018, large caps are now leading while small caps and tech are lagging. Here’s the Dow […]