Clearly this is a counter trend trade. The market has put on some impressive gains this week, and we do not generally … [Read more...]
China Finance: BIDU earnings miss will stop positive momentum
In a sign that the last few months negativity about the stock may have been overplayed Baidu finally pushed passed USD … [Read more...]
Market Preview: BoJ holds interest rate steady; US GDP eyed
European markets are likely to open lower Friday ahead of US first quarter GDP data scheduled for release later in the … [Read more...]
Market Review: Upbeat UK GDP and US jobless claims data
European markets closed mostly in the green as investor sentiment was boosted after the UK managed to avoid a triple-dip … [Read more...]
Apple: Patience is a virtue
With the circus around Apple Inc's earnings over, for those mandated to take accountable trades the focus now switches … [Read more...]
Trade Idea: Sell FTSE as momentum stalls on the corrective rally
Prices stalled at oversold levels and we expected a correction before the downtrend continued. This corrective rally has … [Read more...]
Market Preview: Focus on UK GDP and US initial jobless claims
European markets are expected to open lower Thursday. Markets await the release of today's UK GDP data which is likely … [Read more...]
Trade Idea: Bounce target met and passed, what now?
I am somewhat cautious at this point in time: Wednesday produced a Hanging Man Candlestick which is an indication of … [Read more...]
Market Review: Growing ECB rate cut hopes spur markets
European markets closed higher as weak German business confidence data bolstered expectations of a European Central Bank … [Read more...]

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