Finance Roundtable
Finance Roundtable
The market forecasters and personal finance blogs complement the Economics Roundtable.
Trader Mike
The DJIA had been threatened with its first 3 day losing streak of the year but a rally in the closing minutes pushed that index into the green (the only index in fact to do so) and we continue the streak at over 100 days, the longest in history. As ...
Thursday could be described as "dip buyers show up again". After the outside day yesterday on the major indexes, global markets showed a lot of weakness overnight with Japan's Nikkei down over 7%. U.S. markets opened up down about 1%, but within the first hour or so the dip buyers ...
In Monday's recap we wrote, in regard to Bernanke's testimony Wednesday:
The fact we are going into that testimony on such a huge run and at the top end of the channel probably means odds are he is going to say something that someone will interpret at somewhat hawkish and we ...
It was a Tuesday in 2013. Thus the market was up. Simple enough. We've seen a remarkable streak of 19 up Tuesdays in a row for the DJIA - essentially the entire year. It's not the only record breaking streak - they are falling all over the place, we'll touch ...
Welcome back to a new week as we enter the latter third of May. Remember the old adage "Sell in May and go away?". If only the world were so simple; you'd have missed a heck of a month by "going away". A better strategy is reduce exposure/be cautious when ...
MetaQuotes Software, the company behind popular platforms MetaTrader 4 and more recently MetaTrader 5, reached out earlier this month to have their new Trading Signals service reviewed. This is a paid review and my unbiased take on the product.
MetaTrader PlatformMetaTrader is a standalone trading platform used primarily for ...
The 1000 point rally. To finish off yet another week of gains, the S&P 500 closed at 1666. Why does that number mean so much? Just over 4 years ago the S&P was 666 - a cool 1000 S&P points in 4 years and 3 months; remarkable really. These last ...
Stocks pulled back for just the 2nd session out of 11 (and 4th out of 20!) - losses seemed somewhat strong but that is only because we have become used to stocks up almost every day and when they fall it is of the 0.1% variety. Economic news was quite ...
If the market is getting repetitious it is not just you. The S&P 500 is up 9 of the past 10 days (and the down day was meager) and up 13 of the past 16 days. That's 80%+ of the days during the past month. The daily sector rotation continues ...
As mentioned the past few days the market was internally correcting even though the indexes were not going down much. We could see this as the NYSE McClellan Oscillator dropped nearly 40 points and various sectors retreated as others took their place as daily leaders. So the market corrected via ...
