Over the past few months one of the most popular topics generally has been related to whether the FED will taper its asset purchases. Now that we are almost past the recovery phase and about to enter the economic mid-cycle expansionary phase as inflation is far about target (>4% compared to 2%) and GDP is far above trend (2021 Estimate of ~6-8% vs potential GDP of...
to keep it simple...
Financial Crisis 2007-2008 and Pandemic led to the implementations of QE programmes in combination with other accomodative monetary policies.
Following these events FEAR drove the value of Gold to its highest at $2.000 both in 2011 and in 2020.
In both these occasions, after having reached $2000, the precious metal bounced off the...
Silver and SVM has consolidated to new lows in 2021. Await FED printing program QE to float more QQQ.
SVM showing head and shoulders after retracing that should break upward from current position. Silver will need to get back to $25, or $28 range for really good up.
Just my opine, trade at your own risk as call for Jan in the money, or buy due to inflation...
The ECB’s decision.
The European Central Bank (ECB) held its interest rates unchanged during their monetary policy meeting yesterday.
Main Refinancing Operations Rate: 0.00%
Marginal Lending Facility Rate: 0.25%
Deposit Facility Rate: -0.50%
The size of its quantitative easing (QE) programmes remains unchanged as well.
Asset Purchase Programme (APP):...
The dovish tapering decision.
During its monetary policy decision yesterday, the Reserve Bank of Australia (RBA) kept its cash rate unchanged at 0.10%. As promised, the central bank proceeded with its quantitative easing (QE) tapering plan announced back in the July’s meeting. What came as a surprise is the duration of the new round of QE. Previously, the RBA...
Tech has gone into a melt up! The word on the block is that there are no more bears.
Well, loads of people are long in the market. Would you go long now?
When I look back to March 2020, the dip south seems soooo insignificant. We know that markets correct but we don't know when major corrections are going to happen.
What's driving the market? Some say it's...
I have set-out my logic in prior posts of how I am exiting the SP500 market from prior longs bought more than 18 months ago - by selling into rallies. If an infrastructure deal goes ahead and debt ceiling issues are dealt to successfully, I will reconsider my current stance.
However, I am happy to scalp particularly from needless / senseless market...
As the markets pullback this week, keep in mind we're still in what I call the J&P 500 Channel.
The chart is the daily SPX adjusted for Inflation. The bottom channel is a 10 year regression trend channel that has contained the SPX until the march 2020 crash.
The upward trending channel is what I call the Jerome & Powell...
Three days ago, the Reserve Bank of Australia (RBA) delivered a little surprise when it decided to stick with its quantitative easing (QE) plan announced back in July despite the recent spike in COVID cases in Australia. (Refer to my post "RBA Sticks With QE Tapering Plan (04 August 2021)" on RBA monetary policy) Details on why the central bank decides to...
The BoE’s decision.
As widely expected, the Bank of England (BoE) carried out no change to its monetary policy during its meeting yesterday. Interest rate remains at 0.10% with all eight voting committee members voting for no change. Quantitative easing (QE) remains at £895 billion in total. Michael Saunders, one of the hawks of BoE, voted for a reduction in...
Just a couple of days before the release of the long-awaited U.S. nonfarm jobs report, several Federal Reserve committee members expressed their hawkish views on an QE tapering.
Fed Vice Chairman sees QE tapering to start this year.
During his speech at the Peterson Institute for International Economics yesterday, Fed Vice Chairman Richard Clarida said that...
The RBA’s decision.
During their monetary policy meeting yesterday, the Reserve Bank of Australia (RBA) kept its monetary policy unchanged, holding interest rate at 0.10% and quantitative easing (QE) at a rate of A$5 billion per week.
A little surprise.
With the recent spike in COVID cases in Australia due to the highly contagious Delta variant, the market was...
Gold is showing us a really nice looking monthly inverted head and shoulders pattern which target would bring it to new all time highs
Check out my Inverted head and shoulders analysis on Ethereum back in 2020 november which did hit the targets
Facing major block at Fibo Ext 261.8%, and recap again the stock still yet be able to neutralise RSI triple bearish divergence effect, risk of pulling back is there.