Fundamentals

Past performance is not indicative of future results

Update: Macro and Micro events will be covered in the Q1 Review/Q2 Preview IBFX Webinar

Happy Trading and Be Environmentally Cool

Coach Brian

Posted By: 

Brian Kahn

Brian provides regular commentary focusing on the relationships between various financial markets. An experienced trader and portfolio manager with over 15 years in the markets, Brian relies on fundamental and technical analysis to create trading plans for each and every market entry.

Last Friday Market Review: The dollar index fell hard on Friday, but maintain its upward trend and momentum of U.S. stocks has temporarily ended. In commodities, gold ended slightly up and maintained its up trend line; silver remains weak and crude oil continues to rise. In currencies, the pound gained strong momentum against other non-US currencies except the yen, which rose to varying degrees.

Posted By: 

Chen Jingquan

Chen is a popular Forex Analyst in China. He setup his own financial consulting firm back in 2005 and started writing financial reports and analytical papers for various Chinese financial websites in 2007. He became a famous forex analyst in 2008 and a frequent guest in various forex seminars and interviews, including exclusive interviews held by CCTV finance channel, Hexun.com, Sina Finance, Sohui Finance and EastMoney.com

Thursday Market Review: U.S. stocks overall rose over night, with the three major U.S. indexes continue to go up. In commodities, gold is on a volatile up trend, while silver maintained its weakened state and crude oil slightly rose. In currencies, non-US currencies yesterday had strong performance and mostly stood out with the pound with closing at 1.5. Commodity currencies also showed its rebound ability.

Posted By: 

Chen Jingquan

Chen is a popular Forex Analyst in China. He setup his own financial consulting firm back in 2005 and started writing financial reports and analytical papers for various Chinese financial websites in 2007. He became a famous forex analyst in 2008 and a frequent guest in various forex seminars and interviews, including exclusive interviews held by CCTV finance channel, Hexun.com, Sina Finance, Sohui Finance and EastMoney.com

Good Afternoon,

The fundamentals keep on keeping on. See weekly claims for a dose of supportive data.

Technically, we have the SPX just below that all time high print of 1575. The question now seems to be how far will it go through it before retracing? Speaking of retracements, I will talk about those in tonight's IBFX webinar.

Posted By: 

Brian Kahn

Brian provides regular commentary focusing on the relationships between various financial markets. An experienced trader and portfolio manager with over 15 years in the markets, Brian relies on fundamental and technical analysis to create trading plans for each and every market entry.

Past performance is not indicative of future results

Remember how yesterday's post was about the EUR/GBP up at the resistance level. Can you buy the EUR now?

I will review Retracements in tonight's IBFX webinar.

Happy Trading and Be Environmentally Cool

Coach Brian

Posted By: 

Brian Kahn

Brian provides regular commentary focusing on the relationships between various financial markets. An experienced trader and portfolio manager with over 15 years in the markets, Brian relies on fundamental and technical analysis to create trading plans for each and every market entry.

Wednesday Market Review: U.S. stocks went up overnight, and the Dow Jones closed at yet another a new high. In commodities, platinum was not able to move up any further, gold went up then weakened, silver continued weaker, and crude oil slightly declined. In currencies, USD is in a strong uptrend, the intraday dollar index once rumored with new high, overall non-US currencies went down and only the pound rose slightly.

Posted By: 

Chen Jingquan

Chen is a popular Forex Analyst in China. He setup his own financial consulting firm back in 2005 and started writing financial reports and analytical papers for various Chinese financial websites in 2007. He became a famous forex analyst in 2008 and a frequent guest in various forex seminars and interviews, including exclusive interviews held by CCTV finance channel, Hexun.com, Sina Finance, Sohui Finance and EastMoney.com

Past performance is not indicative of future results

I will review Retracements in tomorrow night's IBFX webinar.

Happy Trading and Be Environmentally Cool

Coach Brian

Posted By: 

Brian Kahn

Brian provides regular commentary focusing on the relationships between various financial markets. An experienced trader and portfolio manager with over 15 years in the markets, Brian relies on fundamental and technical analysis to create trading plans for each and every market entry.

Good Afternoon,

The fundamental picture keeps on improving. Retail sales came in well above expectations. As I said earlier this week, if fundamentals come in as epected or better than expected, it should further support the equity rally. One "major" data set tomorrow in the form of claims. They should be flat to maybe a bit softer, but still trending in the right direction.

Posted By: 

Brian Kahn

Brian provides regular commentary focusing on the relationships between various financial markets. An experienced trader and portfolio manager with over 15 years in the markets, Brian relies on fundamental and technical analysis to create trading plans for each and every market entry.

Monday Market Review: U.S. stocks continue to trend up yesterday. The Dow continued its high trend, Standard & Poor's is also approaching a record high, and the Nasdaq rose 0.26%. In commodities, gold ended up slightly, and silver and crude oil ended sideways. In currencies, USD continued to uptrend, breaking an 8 month high. Commodity-currencies slowly rebounded, with the yen maintaining its weakness.

Posted By: 

Chen Jingquan

Chen is a popular Forex Analyst in China. He setup his own financial consulting firm back in 2005 and started writing financial reports and analytical papers for various Chinese financial websites in 2007. He became a famous forex analyst in 2008 and a frequent guest in various forex seminars and interviews, including exclusive interviews held by CCTV finance channel, Hexun.com, Sina Finance, Sohui Finance and EastMoney.com

Good Evening,

The big news is the SPX just below all time highs. It seems inevitable it will test and then make new highs as the Fed stimulus continues to have its effect on keeping the bulls in play and the bears at bay. Hey, that rhymes! That should be on CNBC! Let's say it again: The Fed stimulus keep the bulls in play and the bears at bay!

Posted By: 

Brian Kahn

Brian provides regular commentary focusing on the relationships between various financial markets. An experienced trader and portfolio manager with over 15 years in the markets, Brian relies on fundamental and technical analysis to create trading plans for each and every market entry.