“Things look very good” – Tweets Trump after his Meeting with Xi Jinping The good news today is that the trade war between the USA and China has calmed down. The meeting between Donald Trump and Xi Jinping was finally successful. They both agree to resume trade talks as before. This trade war, between the two giant economic powers, has been on-going for more than...
the handler loves to CHURN and shake the weak both long and shorts get hammered most especially with high leverage at 50s and 100s for the 5x to 3x folks.. just Positon size as series of happenings and conversions are penting up demand
The G20 meeting was the main even however the markets were not so much interested in the summit as in one particular meeting Trump - Xi. At stake was the fate of trade negotiations between countries. Markets have been waiting for the end of the trade war. As we expected the leaders Trump and Xi agreed to resume trade negotiations on Saturday, June 29. The main...
Trump and Xi Ping have come to a tariff truce at G-20 this weekend. Trump is now using Huawei (previously blacklisted, banned, etc.) as a bargaining chip, allowing TEMPORARILY, U.S. companies to continue doing business with China's Huawei. Here is a list of Top 20 U.S. based Huawei suppliers . I believe most of them will rally this month (July 2019). -...
This is not financial advise. For entertainment purposes only. MY OPINION AMD has had some good news, and solid growth despite the trade war between US and China. Finding support at the .618 Fib retracement at the end of a rising wedge, especially to end the week or month, could spark a full breakout to the ATH of $47.50. However, when adjusted for inflation, that...
AVT has been in a consolidation pattern since July 10th, with a bull technicals behind. Last candle today is a hammer. Showing buyer strength when price fell to $43.6. Technical data Price just below SMA(50) Price just above SMA(200) RSI @56 trending higher OBV confirming trending higher Directional move index turned positive If we can continue above...
NASDAQ:BIDU appears to be oversold and there is a possibility of one leg up in anticipation of Trump-Xi Meeting. Risky trade. Sell on a bounce. Keep a very tight stop loss
Describing yesterday cannot fail to mention that the markets are still following the current trends. The short dollar is one of them. The Fed's policy was criticized by Mr. Trump again. Also, praising himself Tump could not but notice that June may be turn out to be a fruitful one. The pressure that has been put on the fed carries a goal, the achievement of which...
$LMT Martin Lockheed, pullback to launch the rocket? #LMT $LMT Martin Lockheed, pullback to launch the rocket? #LMT $LMT Martin Lockheed, pullback to launch the rocket? #LMT
We are long term bullish on Gold. We purchased over 5lbs of physical gold around the 1200oz pricepoint. However, there may be an oppertunity to catch a short at these levels. We are worried that we could see the Trump Admin reinstate a gold-backed dollar - punching golds prices up into the $4,5,6-10k price per oz points. Watching - Lets see how next week plays out.
Yesterday, repositioning was continuing in the foreign exchange market. Traders tried to incorporate the change in the vector of the Fed’s monetary policy into the dollar price. As a result, today the probability of a rate cut at the July meeting of the Federal Open Market Committee is 100%. At the same time, 65% of traders are waiting for a decline of 0.25%, and...
Having boosted by a rekindlement in the Sino-US trade talks, US stocks continue their confident rise. A potential dovish Fed decision later today regarding the future of interest rates to counterbalance the effects of the hard-hitting tit-for-tat tariffs in the international arena is likely to further help the stocks. As such the Dow seems to surefooted in an...
President Trump said Tuesday morning that Xi Jinping had agreed to meet with him at the Group of 20 summit next week. “We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting.” Trump wrote on Twitter. Markets are reacting to this tweet as a signal to relax. However, on our point of view...
USDJPY has potentially formed a long term bullish pennant. Trump has caused havoc yesterday whilst tweeting about Mexican trade tariffs. Everything has dropped again the JPY. Could we see some relief next week? If this is a bullish pennant, we could see the USDJPY rise above 112 in the long term. Any thoughts or ideas welcome...
Trump's phone call with China's Xi pushed up the US stocks. The stocks' gains are likely to enter a daily correction phase as on S&P, we see a drop back to 2915. If that level is broken, check at 2910.
$USDCNH ... Cup & Handle pattern right there in the bigger picture. We then got a rising wedge shorter term. Why? Look at the #TradeWar and it makes perfect sense. Wait for confirmations and you got a safe setup right there ! The Trade War is going on and it´s getting harder and harder every week for both the USA and China. So guess where this pair might...
The Dollar Index had a technical bounce seen late in last weeks trading sessions that it was working off of. A bounce of both a 12-month ascending trendline/channel and a 200-day moving day average which is known to be a very effective technical indicator for an index such as the DXY. This firm hold of both technical aspects saw a 100 basis point increase to the...