Monthly archive November, 2015

Talking Points: Oil rallies on prospective demand: higher refining rate, falling gasoline stocks, Cushing draw Gold and safe haven assets plunge amid global stock rally Copper edges up with risk-on although topside remains weak Weekly report by the American Petroleum Institute released overnight showed Read More →

Talking Points Bitcoin has posted its biggest three-day rally versus the Dollar since December 2013 Among the reasons being offered are Europe’s VAT ruling, China capital holes and ‘reserve’ talk The fledgling fiat alternative can reflect a fledgling market, Chinese FX gap and Read More →

Talking Points: - November has been the second-best month of the year for the USDOLLAR Index. - EUR/USD's second-worst month of the year is November, while it’s GBP/USD’s worst. - November marks the third of four consecutive months of gains for the S&P Read More →

- New Zealand Employment to Expand for Twelve-Consecutive Quarters. - Jobless Rate to Increase to Annualized 6.0%- Highest Since 1Q 2014. For more updates, sign up for David's e-mail distribution list. Trading the News: New Zealand Employment Change Despite forecasts for an uptick in Read More →

Talking Points: - Gold (XAU/USD) Eyes September Low ($1,099) as Bearish Formation Continues. - NZD/USD Struggles to Hold Support Ahead of New Zealand 3Q Employment Report. - USDOLLAR Mounts Larger Rebound Ahead of ADP, ISM Survey- Fed Rhetoric in Focus. For more updates, sign Read More →

- All eyes turn to key US Nonfarm Payrolls report, likely to determine US Dollar direction - We will maintain our trading bias in favor of the Momentum2 trading system - A notable drop in volatility warns against over-dependence on the Breakout2 Read More →