I hear that Wall Street is all excited about a Trump Presidency. They should be. I’d like to comment on this, but first let me admit that I have absolutely no qualifications to offer any sort of informed analysis. 713 more words
Tags » Bullish
The Chicago Bulls just completed an odd and unsatisfying week. After four days off following the end of the two week “circus” road trip (Barnum and Bailey takes over their home court, The United Center and while it’s nice to think that the animals could just be stationed underneath the opponents basket; questions of fairness might arise), the Bulls lost at home to the Lakers, a team they had beaten easily on the road, then beat the defending World Champion Cleveland Cavaliers before succumbing badly to the Dallas Mavericks, owners of the worst record in the Association. 616 more words
Economists are certain about the matter: US bond prices have plunged after Trump’s victory and will continue to do so in the long run. “100 % sure”, the bond market has turned to the downside, and interest rates will rise for years to come. 299 more words
This is my outlook on audusd for the upcoming week…
I’ll start with the Dollar Index then detailed audusd analysis on multiple timeframes.
Here on the weekly DXY (dollar index) we see that after a massive bull run the DXY on the weekly shows strong signs of a short term retracement by posting a doji candle 2 weeks ago the a bearish candle last week showing bulls have become quite exhausted. 302 more words
After almost two years of stagnation, the US stock market is in very good shape, indeed: both the Dow Jones and the S&P500 bump with Trump and break major resistance levels. 238 more words