Recently, the famed Louise Yamada gave an interview on Palisade Radio. While she covered a few topics, the one that I found most interesting was how she stumbled upon technical analysis to begin with, kick-starting a career that would lead her to become one of the most well-known technicians of our time. Louise begins by […]
Archives for September 2019
Currency Gets Pounded During Brexit Negotiations
With tariff and trade-related headlines dominating the financial news cycle these days, other important stories are being pushed to the wayside. While the discussions between China and the US will have wide-reaching implications on the Global Economy, right now European Markets are much more concerned about the Brexit negotiations between the EU and UK than […]
Daily Chart Report ? Thursday, September 5th, 2019
Sponsored By: Today’s Summary Thursday, September 5th, 2019 Indices: US stocks closed higher in today’s session with the Dow Jones Industrial Average jumping 373 points or 1.41%. The Russell 2000 and Nasdaq both advanced 1.75% and were the strongest of the major indices. Sectors: Technology led, gaining 2.09%. Utilities lagged falling 1.08%. Commodities: Crude Oil inched higher by 0.18% to $56.31 per […]
Chart of the Day – Thursday, September 5th, 2019
Today’s Chart of the Day was shared on Twitter by Luke Kawa (@LJKawa). It is a daily bar chart of S&P 500 futures with the 50-day moving average in pink and the 200-day moving average in yellow. Luke points out that from August 5th – September 5th the S&P 500 traded in a tight range […]
Daily Chart Report ? Wednesday, September 4th, 2019
Sponsored By: Today’s Summary Wednesday, September 4th, 2019 Indices: US stocks were higher in today’s session with the Dow Jones Industrial Average closing up 237 points or 0.91%. The Nasdaq was the strongest of the major indices, climbing 1.30%. Sectors: All 11 sectors of the S&P 500 advanced. Communications led, gaining 1.94%. Health Care lagged, but eked out a small gain of 0.07%. […]