Sunday, May 5, 2024

Market Pulse: The U.S. Dollar Appears Overbought

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The U.S. dollar index has been in a steady downtrend since May. It paused after breaking a short-term trend line on January 8, but...

Eurex Micro Futures Are Now Available on TradeStation

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You don't have to fly to Frankfurt this summer to trade the European markets. Eurex has recently introduced new micro futures contracts on major international...

Silver Attempts a Pre-Fed Breakout: Technical Analysis

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Silver has been dead money since the summer as the U.S. dollar ripped higher. But now it’s attempting a breakout -- despite next week’s...
Fed Meeting Preview: Rates Staying Low, Weak Dollar May Continue

‘Lower for Longer’ Is the New Mantra at the Federal Reserve

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The Federal Reserve meets today, with markets expecting its low-rate policy to continue. Last month, Chairman Jerome Powell gave a major speech at the central...
Economic Data, Stock Prices Point to Recovery from Covid Pandemic

Crisis Over? All of a Sudden, the Global Economy Is Looking Better

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Energy stocks are rallying. Factories are reopening. Interest rates are rising. All of a sudden, economic data and the stock market are pointing to...
Tesla or General Motors? Check Out This Stunning Chart

6 Reasons Why Last Week’s Pullback Wasn’t All That Bearish

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Stocks dipped last week, but there are several reasons why it wasn't terribly bearish. Stocks were overbought.The S&P 500 held important levels."Risk-on sectors" were strong."Safe...

Technical Analysis: The Nightmare Could Be Ending in Chinese Tech Stocks

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The last year for Chinese technology stocks has been nothing short of a nightmare. But now there could be signs of a turn in...

Money Shifts to Emerging Markets With Stocks Back Near Record Highs

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Stocks inched higher again last week as investors focused on companies that will benefit from the global pandemic easing. The S&P 500 rose 0.6 percent...

Options Alert: Call Buyer Gives Chinese Tech Stock More Time for a Potential Move

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Chinese technology stocks jumped last week, and one big options trader is targeting a former high flier. Check out this unusual options activity in Shanghai-based...

This Currency May Be Getting Ready to Jump as the Greenback Weakens: Technical Analysis

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The Australian dollar has squeezed into an increasingly tight range all year. Futures traders may want to be ready in case a breakout occurs. First,...
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