US TECH // Nasdaq 100 range trading following FED announcementRange trading on the CURRENCYCOM:US100 following dovish FED meeting. Accommodative and supportive policy for the economy through to 2023 has been the highlight Support & Resistance within shaded area. 38% fibo acting as resistance. Short term trading within the range until confirmation of breakout occurs.
Macroeconomic Analysis And Trading Ideas
Weekly Review: Healthy Correction Needed (Read for Fundamentals)I believe this recent correction in the markets is more of an eventual profit taking event rather than a structural adjustment. The technology sector still offers growth potential in the medium term. It is logic and healthy for the market to correct after such a strong bull run.
Looking forward into the new week:
1.Central bank meetings
No change in interest rates expected, will maintain dovish position.
2.Indicators
In macro terms, indicators will keep recovering.
Lateral week is expected consolidating the levels from previous weeks. In medium term, slightly more bullish position despite big volatility also being expected.
IS BUFFET RIGHT?WARREN "NEVER BET AGAINST AMERICA" BUFFETT IS CLEARLY DIVERSIFYING OUT OF THE U.S. DOLLAR!
HE HAS RECENTLY LOADED UP ON SHARES OF "UNDERVALUED "JAPANESE FINANCIAL GIANTS!
THE QUESTION IS, IS JAPAN THE RIGHT PLACE FOR LONG TERM INVESTMENT?
I WOULD CONTEND THAT IF YOU SEE A GRIM FUTURE FOR THE WESTERN WORLD, ASIA IS THE PLACE TO BE!
JAPAN'S PRODUCTIVITY AND THEIR HIGHLY HOMOGENEOUS CULTURE (UNLIKE THE WEST) MAKES THEM AN ALLURING PROSPECT!
Weekly Review: Bullish Inertia Remains (Read for Fundamentals)Bullish sentiment remains in the markets, despite some noise in the background.
Where to look at:
- Vaccine (expected to be released earlier than expected)
o Can surprise positively
- China – USA
o Actual situation is not that tense, which may change
- Technology (it has changed more into safe heaven rather a rick sector)
o Salesforce provided good guidance
PMIs and Job data to watch out for this week.
- These indicators will manifest USA will recover employment quicker but it will take more time to Europe
Overall, the markets will be more active because of the return from holidays and if we see good job data and PMIs, the markets can be in for another bullish week.
UH-OH!I AM A DOLLAR BEAR, BUT THIS DOES NOT LOOK PRETTY FOR THE EURO!
FACE IT, FRANCE AND OTHER NON-GERMAN EU COUNTRIES CARRY DEBT LOADS THAT FAR OUTWEIGH THAT OF THE US!
I STILL AGREE WITH PETER SCHIFF'S POSITION, BUT IT IS IMPORTANT TO KEEP AN OPEN MIND! A GLOBAL HYPERINFLATION WOULD BE DXY POSITIVE!
IS VIX LAGGING OR WARNING!EQUITIES ARE MAKING NEW HIGHS, HAVING ERASED ALL PREVIOUS LOSSES, YET S&P VOLATILITY REMAINS AT A HIGHER LEVEL THAN BEFORE THE CRASH!
IS VIX HEADING EVEN LOWER AS EQUITIES MELT-UP, HAVE WE ENTERED A 70s-LIKE KANGAROO MARKET OR IS ANOTHER CRASH IMMINENT?
REGARDLESS, HEADING INTO AN ELECTION PERIOD, A VIX SPIKE IS PROBABLE WITHIN THE COMING MONTHS!
CREDIT: JGM0706
IS VIX LAGGING OR WARNING?EQUITIES ARE MAKING NEW HIGHS, HAVING ERASED ALL PREVIOUS LOSSES, YET S&P VOLATILITY REMAINS AT A HIGHER LEVEL THAN BEFORE THE CRASH!
IS VIX HEADING EVEN LOWER AS EQUITIES MELT-UP, HAVE WE ENTERED A 70s-LIKE KANGAROO MARKET OR IS ANOTHER CRASH IMMINENT?
REGARDLESS, HEADING INTO AN ELECTION PERIOD, A VIX SPIKE IS PROBABLE WITHIN THE COMING MONTHS!
CREDIT: JGM0706
WORSE THAN 2008!THE FED'S HOLDINGS OF MORTGAGE BACKED SECURITIES IS GROWING FASTER THAN DURING THE 2008 GLOBAL FINANCIAL CRISIS!
QUARTERLY MORTGAGE DELINQUENCIES JUST SMASHED THE PREVIOUS RECORD FROM 2008!
THE GLOBAL COMMERCIAL MORTGAGE MARKET IS IMPLODING!
MARKETS ARE COMPLETELY IGNORING THIS FACT!
WORSE THAN 2008!THE FED'S HOLDINGS OF MORTGAGE BACKED SECURITIES IS GROWING FASTER THAN DURING THE 2008 GLOBAL FINANCIAL CRISIS!
QUARTERLY MORTGAGE DELINQUENCIES JUST SMASHED THE PREVIOUS RECORD FROM 2008!
THE GLOBAL COMMERCIAL MORTGAGE MARKET IS IMPLODING!
MARKETS ARE COMPLETELY IGNORING THIS FACT!
Severely Undervalued Canadian Gold Junior ResourceCompany has great gold resources and reserves and is a very strong candidate for a buyout.
If gold bottoms at 1800 and continues to 2300, I think SOI bare minimum returns to its 2016 peak (5-bagger) or potentially surpasses that level and gets near $2.0+