Traders Quietly Buying Risk Off Assets
In a quiet trading session traders buy up risk off assets. In tonight's video market update let's look at the specific assets traders are buying. Plus watch this video to find out what expect for the rest of the week and what price to watch in one key sector to determine the overall market's next…
Draghi Gives A Political Speech
Draghi & Yellen Deliver Nothing Besides Yellen, Mario Draghi, the ECB president, spoke at the Jackson Hole event. There was some intrigue into whether he would give detail on the ECB’s bond buying program, but that will be pushed off into October as he didn’t give any monetary policy updates. The dollar continued to selloff…
Risk Looms as Nasdaq Displays Weakness
This is a crucial weekend update to watch with lots of opportunities to discuss as the monsters of tech are hitting key threshold areas. Watch this video to find out what expect next week, what crucial levels to watch, and why risk still looms in the market.
Yellen Talks Tough On Regulations At Her Last Jackson Hole Event
In my last article, I discussed the possibilities of Yellen’s Friday speech at Jackson Hole. I was accurate in my expectation of what her speech would be on as the main point of her speech was to defend the regulations put in place since the last financial crisis. This was the speech of someone who…
Draghi To Announce Tapering At Jackson Hole?
What Will Draghi Say? Yellen is speaking on Friday at 11AM. The same day, at 3PM, ECB chair Mario Draghi is speaking. There are conflicting reports about whether he will give new guidance about the tapering. I always thought he would give guidance in October or November because it’s closer to when the bond buying…
Calm Before the Storm?
Stocks slightly lower on the day. In tonight's video we look towards the last week of August... Is the market in for a late summer storm? Watch tonight's video market update to find out.
Could The Dollar Rise By The End Of The Year?
The Dollar We don’t know for sure what caused the dollar’s weakness, but one aspect that is probably hurting the dollar is the accelerating growth in China, Japan, and Europe. Looking at future price performance, we must consider the possibility of a dollar rally. The chart below shows the speculative positioning in the dollar. When…
Debt Ceiling Is Even More Politically Charged
The stock market sold off on Wednesday because of the threat President Trump made in his speech on Tuesday to shut the government down if he didn’t get funding for the southern border wall. This is in direct conflict with the Treasury Department which is asking Congress to raise the debt ceiling. Usually presidents are in…
Looking to Volatility Futures for Answers
The tone of the markets have changed. We are seeing higher levels of stock correlation and volatility products are all pointing towards risk. Watch tonight's video as we look towards the volatility futures to answer the question; are we in store for a more serious downward move in markets?
$450 Billion Loophole To Cut Taxes
Tax Cut Talk Heats Up The rally in stocks on Tuesday was said to have been caused by the tax cut talk. The S&P 500 rallied 0.99% and the Nasdaq rallied 1.36% as both inch closer to revoking the 2% selloff. I don’t know how much of the rally is about the tax cuts because…