Long term TA supporting my opinion of Gold being bearish ahead of the interest rate increase cycle.
November & December FOMC meeting will set the tone.
Caution against Italy's referendum on December 4th -
Likely to close short before hand and re-take ahead of the December FOMC meeting.
Second probability with ...
Republican nominee Donald Trump is bad for the Mexican Economy with his trade deals, mass deportations and "The Wall". Mexican currency has priced in the worst throughout 2016.
With recent plunge in the polls and Wall Streets declaration he lost in both debates, USDMXN is a good R/R short.
S/L put at recent ...
Retail earnings are in full swing this upcoming week!
Here is a TA based version of my expectations for the week.
In previous quarters the strong USD and the slow down in Consumer Spending hit profits hard.
With retail sales up throughout the quarter and consumer confidence at 2016 high, all around beats are ...
Apple Inc. $AAPL reports earnings after the bell on Tuesday and things don't look so rosy.
The July FOMC (Federal Open Market Committee) rate decision is on Wednesday, July 27th.
Unless some concrete data comes up until the report, a 25bps interest rate hike or a strong indication of one in the upcoming meetings ...
A clear R/R favoring the downside for AAPL earnings on July 25th after the closing bell.
Fundamentals are not painting a rosy picture either, with a lower ASP and macroeconomic headwinds.
Pick your poison, either seem to paint a gnarly picture.
Q2 Earnings season is starting in Monday, July 11th with major financial institutions reporting.
Financials are projected to do slightly better then the previous quarter and may offer good upside potential.
From a fundamental standpoint, most financials are undervalued when taking into account future interest ...