Interpreting market movements in a whole new way
Interpreting market movements in a whole new way
This edition for trading week ending Friday May 28, 2021. A. Summarization of this past week’s market and forward looking thoughts We started the week with the S&P less than 2% from the all-time high [4238.04] while the NASDAQ entered trading on Monday on what was the largest four-week losing streak. Many analysts including me, … Continue reading “TGSwings weekly swing trade newsletter”
Read MoreAustralia’s key commodity exports. Iron ore, thermal coal and oil prices have all increased further since the previous Statement, while a number of other commodity prices are also higher. The benchmark iron ore price has increased by 16 per cent since the previous Statement to beat its highest level in a decade. Demand for iron … Continue reading “Active forex trades for the overnight session on May 20, 2021”
Read MoreAussie Dollar: The strong recovery in the Australian economy and the labor market has continued. Low infection rates, substantial fiscal and monetary policy support and a lift in confidence have boosted the recovery. Household spending, dwelling investment and exports have all contributed to the snap back in activity. Employment has also bounced back, to be … Continue reading “Trading the forex pair AUD/USD”
Read MoreU.S. stocks were mixed early Friday [March 19th 2021], being wholly indecisive in the wake of this week’s Federal Reserve policy actions. Looking back, since technology took on a wild ride after the initial news of the pandemic and participants elected to buy the dip, we’ve had two major pullbacks in the S&P. The initial … Continue reading “Mid-March 2021 Market Analysis”
Read MoreWhen crude oil prices are stable, home heating oil prices tend to rise in the winter months—October through March—when demand for heating oil is highest. A typical home in the Northeast may consume between 850 gallons to 1,200 gallons of heating oil in a typical winter and consume very little during the rest of the … Continue reading “Heating Oil Dec 2020 trade idea”
Read More