Fundamentals

Past performance is not indicative of future results

See you for the IBFX 5/9 MA crossover webinar Wednesday night

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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 Evening,

I was going to post an article about the SPX range. With a high of 1530 and a low of 1495. We bounced off 1495 and went right back to the middle of the range, sitting at 1515 on Friday. Today, we gapped higher - to 1522. But, headwinds, headwinds, headwinds.

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.

Friday Market Review: U.S. stocks rebounded last Friday when the White House called for an end to the automatic cuts in public spending. In commodities, gold slightly rose and crude maintain at the same position. In currencies, the commodity currencies of Australia and New Zealand remained at a stable trend; U.S. dollars strengthened and the pound had sideway performance with Moody’s downgrades impact that is expected to weaken in the upcoming week.

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

Wednesday Market Review: Early morning the Fed announced interest rates, more people tend to lean towards the end of the current easing, which eventually caused the three major U.S. stocks down across the board. In commodities, gold was negatively impacted the most, closing at the lowest level since July last year to $1,564. Silver and crude oil went down as well. In currencies, straight disk risk currencies fell sharply. The yen dropped due to problems with the president election, and continues to remain volatile.

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,

This mornings article covered the fundamentals so we can go directly to technicals. I know that the Fed Minutes showed a disconnect as to when the Central Bank's easing plan should end, but quite honestly, a move from 1400 to 1530 seemed to be "non-technically", "overdone". "Overdone" meaning, to short the market wasn't on a technical level, it was solely on a "overbought" level. We know how that theory has worked out as of late.

But seriously, there were some signs.

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 Morning,

We have a very light economic data week. Earnings are behind us and not many central banks to meet/speak for the remainder of the week. We do have initial claims on Thursday in the USD and those have been getting better every week - I am not sure how much of an improvement we will see going forward as they have dropped pretty quickly. But based on the trajectory, we could see a +200k number for the major jobs report in two weeks. Philly Fed will also be released - a typically weak number in the past, can it rebound?

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

IBFX 5/9 Moving Average Crossover Webinar - Link to Sign Up Here

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,

As I mentioned earlier this week, I expected fundamentals to be supportive for the equity markets. We received accomodative (bullish) news from the BOE yesterday. Retail sales were positive in the USD earlier this week. And today, jobs data in the USD. We are getting closer to a 350k four-week average. That could put us over the 200k new jobs created mark within the next two job reports.

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

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.