Wal-Mart (WMT) Bullishly Breaks Weekly Long-Term Triangle
Freshly back from Australia, I am hardly surprised by the fresh wave of dollar weakness. Over the past few months we have talked extensively about why the dollar could continue to fall. As the EUR/USD cracks above 1.50 for the second time in 2 months and USD/JPY extends its losses below 90, there are many reasons why the overall trend in the dollar is still down.
Shark Bites: Gauging End of the Year Performance Anxiety
Famed market commentator and CEO of SharkInvesting.com James 'Rev Shark' DePorre, provides weekly insight on where he thinks the markets are going and how to navigate through the financial seas. In this episode, Rev discusses the recent drubbing of small-cap stocks and the what to look for technically. Rev also discusses how fund managers are going to have to push performance going into year-end.
Using Probabilities and Sector Analysis to Spot Profitable Trades
Pat Anderson is a full-time trader who looks for short-term trends in stocks and ETFs to find profitable trades. Here, Tim Bourquin of TraderInterviews.com talks to Pat about the charts he uses and how he screens the market for the basket of stocks he is going to watch for the day.
Has the Market Already Made the High for the Year?
Market followers love to make timing predictions. They come in all time frames and flavors:
•The market has made the high for the day, and will now trade down. Or the opposite.
•This is the bottom. Or the top.
•We have seen the highs (or lows) for the year.
•Or when the Dow was at 9500, would we see 10000 before 9000?
After the apparently success of its stimulus program, China’s remarkable economic recovery has many observers forecasting an even brighter future for the emerging powerhouse. China’s 2008-2009 economic rebound and rising appetite for commodities has made many bullish converts. A close look at some important indicators, however, calls that optimism into question…