Blog Post: Day 42 of $QQQ short term up-trend; $AAPL has failed GLB, earnings next week, be careful of failed setups.
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Notwithstanding a late recovery towards the end, Indian benchmark indices fell sharply on Thursday weighed down by a sell-off in Adani Group stocks after a US court indicted Chairman Gautam Adani and several others in a $250 million bribery case. While the S&P BSE Sensex closed at 77,155.79, down by 422.59 points or 0.54%, the…
Indian headline indices ended with minor gains on Friday, weighed down by FMCG and pharma stocks, though energy counters helped the benchmarks close in the green. It was a volatile session where the BSE Sensex, after swinging 675 points intraday, ended 259.75 points higher (0.32%) at 80,501.99. Meanwhile, the Nifty50 edged up 12.50 points (0.05%)…
The question from yesterday remains an unsolved mystery. Why would a dovey “Low Interest Rates” Trump appoint a supposed ‘hawk’ to lead the Fed? This leads, of course, to follow-on questions: is he trying to lose the mid-terms…has he lost his mind…or our favorite, is the fix in? Passing judgement before listening to the arguments,…
Asian shares were mostly higher on Wednesday after stocks on Wall Street rallied as Americans cast votes in a pivotal national election. The results of Tuesday’s presidential election may not be known for days or weeks as officials count all the votes, and that uncertainty could upset markets worldwide. Get analyst upgrade alerts: Sign Up…
Energy is made up of ‘haves’ and ‘have-nots.’ On one side of the ledger sit the buyers: Europe and Asia. On the other side sit the sellers: the US, Russia, and Saudi Arabia. These three countries make up almost half of global oil and gas production. But despite decades of conflict, embargoes, and blockades, very…
Hello traders, Today i traded Gold using “Supply Demand EA ProBot“. I opened the Gold chart and i checked the Daily timeframe. Although price is reacting from Daily supply zone i still believe that the bias of the daily timeframe is Bullish and for that reason i selected the Buy direction. That means that i…