Red Flags Persists for Day Traders and Hedge Funds as More Wild Surf Predicted Risk on or risk off? Day traders and hedge funds, two groups who are known to speculate, have both suffered considerably the past handful of weeks due to the market turbulence. While falls of 4 to…
USD Centric Strength and Global Anxiety Weighing on Value of Rand The USD/ZAR is still above 17.00000 in early trading this morning, this as USD centric strength manifests globally due to anxiety which clearly exudes because of the ongoing Iranian war. The USD/ZAR is near the 17.11000 realm, with wide…
Things Unlikely To Get Easier for Retail Speculators Remainder of Week I would like to offer day traders encouragement under the current market circumstances. However, the reality is that the next handful of days will remain difficult for retail traders who do not have comfortable amounts of cash to absorb…
WTI Crude Oil Trading in a Storm (War) Writing from within the storm, it would be easy to feel a strong sense of nervousness as the newest Middle East War rages. However, this is unlikely the beginning of World War 3. Traders looking at WTI Crude Oil this morning have…
Behavioral Sentiment Fatigue and Long-Term Opportunities As I write Gold remains below $5,000.00. Silver is slightly above $75.00. The Nasdaq 100 and S&P 500 remain cautious. And my favorite exclusion choice – MicroStrategy is struggling below $129.00. The markets in general appear to be waiting for a dose of impetus,…
Day Trading Problems: Not Everyday Produces a Profitable Outcome Early indications show that U.S markets will produce volatility today. The EUR/USD is straddling the 1.19000 level, Gold is around $5005.00. Bitcoin for those that care is near 68,700.00 USD. Flowering CactusNot everyday produces profits. That is rather easily dealt with…
Iran, Oil and The Crumbling of a Criminal Dictatorial Wall Step aside for a moment from the conspiracy theorists and let’s consider that the U.S did not take out Maduro of Venezuela in order to facilitate more supply of oil. Let’s consider the possibility that Maduro was removed because he…
Fed Today, Tmrw and Mid-Term with Changing of Guard The Federal Reserve will cut its Federal Funds Rate by 25 basis points in a handful of hours, that is unless they want to cause a major selling attack on Wall Street and pandemonium in Forex and gold. The Fed which…
Digesting Holiday and Markets to Come as Fed Looms Next Week Day traders trying to gauge markets may be feeling a bit of angst for the moment. Always wanting to participate when record highs are being made in the stock markets, the S&P 500 and Nasdaq 100 remain under their…
India and the U.S Govt Shutdown: Quick Market Thoughts President Trump has been ramping up his claims that India is no longer going to buy Russian oil, he made a statement regarding this belief yesterday once again. As the White House threatened to initiate tougher sanctions against India, there seems…
Gold: Not a Love Note but Recognition of Long-Term Importance The U.S is now starting its second week of the government shutdown. Gold is near $4,190.00 as of this writing, which may be looked on as sign by some that some investors have bought into the precious metal because of…
Significant Highs All Around as Speculation Grows Frothy Gold, platinum, and the major U.S indices are all flirting with record values. Fast trading is being seen on all fronts, dangerous reversals are also being displayed and causing harm for day traders. The U.S government shutdown remains in full force. Not…
