No one needs to be reminded that the focus this week, not to mention the speculation rests on the decision of the FOMC. Ladies and Gentlemen, place your bets. Yes indeed a lottery to be avoided. Markets are in a state of balance and the camps are equally strong on...
By: Omar Eltoukhy Hi There Trade Fans!! Well, it has been a shortened, holiday week and that always means being on your guard and not jumping into trades! Since this holiday happened to be Labor Day and the “official” end of Summer trading session to most...
As we moved through yet another week of volatility and increasing unpredictability, the contrast between the US and its steady even if not impressive progress towards recovery and that of the world economies becomes more defined than ever. Speculation on the...
By Omar Eltoukhy Hey there Traders!! IT’s that time again! Below is my analysis for the upcoming session. I have taken a little hiatus here because of the absolutely terrible markets over the last week or so and this week hasn’t been much better because...
Another week or market swings saw big drops and equally big corrections, risk-on disappeared on Monday to produce the biggest down day in the US equity market since August 2011. Come Thursday it swung back to risk-on as the markets regained their appetite. From...
The third week of August saw a significant shift from the grayer area of risk sentiment to a clearer focus of risk aversion. Stocks plunged on Thursday and Friday with the S and P losing 500 points for two days in a row, the biggest drop for four years . Oil has...
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