Months ago, I warned readers that the Bank of Japan is the most important central bank to be watching. I even did a video explaining why every trader must…
Macroeconomics
US stock markets, and other global markets, continue to chop. We began the week strong bouncing from previous lows. Tuesday was followed by momentum. Wednesday and Thursday saw markets…
The decline of the Japanese Yen continues. For our readers who do trade the Forex markets, this has been a very profitable trade for us. I provided readers with…
Day traders are moving this market more than the Federal Reserve. Earnings season is upon us and so far, Goldman Sachs is kicking things off strong. Netflix earnings are…
Just yesterday, PPI came out stronger than expected. I told readers that I am a PPI guy, and how one can use this data point to predict future inflation….
A week full of US economic data. FOMC minutes come out later today. We get the big US CPI for September data coming out tomorrow (Thursday October 13th). We…
The highly anticipated US non-farm payrolls (NFP) for September have come and gone. We got a bit of a mixed labor data. Job growth fell short of expectations. NFP…
US stock markets are up big as we begin the trading day on October 4th 2022: The Dow Jones is up 961 points (2.35%), the Nasdaq is up 330…
As US stock markets continue to grind away at major support, a major technical trigger has developed and confirmed on the longer term charts. Longer term charts give us…
2022 will be remembered for many things in the financial world. The collapse of currencies is what I will associate this year with. Yes, stock markets have fallen and…