Monthly Archives: August 2011

Markets not giving up on further stimulus

Despite the initial disappointment of no QE3 announcement at Jackson Hole last week, markets took encouragement from Bernanke’s announcement that he would extend next month’s FOMC meeting to two days to fully explore and discuss any range of options for, … Continue reading

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Posted in Bonds, Commodity, Forex, Gold, Market, Shares, Stocks, Trading | 1 Comment

US Non-Farm Payrolls – always a game changer

A look through this week’s economic calendar shows we have a plethora of potentially market-moving data releases due; however there is one in particular which stands out like a beacon – US Non-Farm Payrolls on Friday. This monthly release has … Continue reading

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S&P 500 update

Hi, In yesterday’s post on the potential triangle set up I said I’d follow up with some thoughts on trading strategy if we got an entry trigger. The first chart below outlines one approach. There is also a possibility that the current upswing … Continue reading

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Some bullish divergence appearing in the local market

One of the leading triggers that traders look for when putting a stock onto their watchlist is divergence between price and an oscillator. This will be bullish or bearish divergence depending on which direction the oscillator is heading in. When … Continue reading

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Trading snapshot and potential trades – Aug30

Good morning, Here is today’s trading snapshot and potential trades.

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Triangle set ups – S&P 500 and CSL Ltd

Hi, Friday’s price action confirmed a symmetrical triangle up in the daily S&P 500 chart. Often when there is a chart pattern on a major world index, you find individual stocks in a similar pattern. One that I noticed this morning was … Continue reading

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Posted in Market, Shares, Stocks, Trading | 4 Comments

Do Markets Want QE3 or Recovery?

It’s an important question for the direction of markets. The attraction of further stimulus from the US Federal Reserve (or the European Central Bank) is obvious – in the short term it would overcome economic and liquidity concerns, and likely … Continue reading

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European bond yields and New York Gasoline

Hi, My post today is a bit on the diverse side I realize. However, both these markets look to be at a critical stage and both have potentially significant economic impact so I thought a review of the charts and … Continue reading

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European woes not going away

The pound has taken a bit of a pummelling in the past five days, against a basket of currencies but especially against the euro. Given the problems coming out of Europe this week, it’s a little difficult to understand why.

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Nerves in front of Jackson Hole

Despite this weeks rally in equity markets, nervousness remains about what lies in store this Friday at Jackson Hole.

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