US Dollar Breaks Down; Euro & Other Currencies Break Out!

US Dollar Breaks Down; Euro & Other Currencies Break Out!

The USD broke below multi-year support earlier on Tuesday while the Euro and a slew of other currencies broke out above multi-year resistance. The next level of support for the USD is 79.06 then 78.72. The next level of resistance for the Euro is 1.3966…. Yesterday Legendary Hedge Fund Manager Paul Tudor Jones said: “Macro trading has…

Adam Sarhan Int'l Business Quote: Wall Street's Top Banks To Keep Lower Profile At Russian Investment Meeting

Adam Sarhan Int'l Business Quote: Wall Street's Top Banks To Keep Lower Profile At Russian Investment Meeting

    Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions By Kathleen Caulderwood on April 29 2014 3:18 PM Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine,…

Adam Sarhan Market Watch Quote: Stock futures point to rise as drug stocks rally

Adam Sarhan Market Watch Quote: Stock futures point to rise as drug stocks rally

April 28, 2014, 9:29 a.m. EDT Stock futures point to rise as drug stocks rally AstraZeneca leaps on renewed Pfizer interest; pending home sales ahead By Anora Mahmudova and Sara Sjolin, MarketWatch An earlier version of this article gave an incorrect number for Charter Communications revenue. The number has been corrected. NEW YORK (MarketWatch) — U.S. stock futures…

Adam Sarhan Reuters Quote: US STOCKS-Wall St edges up following strong jobs report

Adam Sarhan Reuters Quote: US STOCKS-Wall St edges up following strong jobs report

Fri 5.2.14 10:24am EDT * U.S. payrolls surge, jobless rate hits 5-1/2 year low * Astrazeneca rejects Pfizer’s raised bid of $106 bln * Indexes up: Dow 0.2 pct; S&P 0.2 pct; Nasdaq flat (Updates to open) By Angela Moon NEW YORK, May 2 (Reuters) – U.S. stocks edged higher on Friday following a payroll report…

The Fed's Dilemma

The Fed's Dilemma

QE Cut By Another $10B:  On Wednesday 4/30, the Fed ended its two-day meeting and tapered QE by another $10B. The vote was unanimous.to reduce QE from $55bn to $45bn per month. The Fed said the economy slowed in Q1 because of the weather. The focus remains firmly on the outlook for labor and inflation, both of which remain…

Market States & 5 Market Cycles
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Market States & 5 Market Cycles

Market States & Cycles 04.29.14 The stock market is constantly changing but the one constant throughout history is (has always and will always be ) human nature. The stories, stocks, centuries, asset class, bubbles, busts, change, but people don’t. That is why it is important to understand market cycles not just from a technical level…

Adam Sarhan MarketWatch Quote: Stock Futures Higher Ahead of Home Sales, Earnings

Adam Sarhan MarketWatch Quote: Stock Futures Higher Ahead of Home Sales, Earnings

April 28, 2014, 8:24 a.m. EDT Stock futures gain ahead of home sales, earnings AstraZeneca leaps on renewed Pfizer interest By Sara Sjolin, MarketWatchLONDON (MarketWatch) — U.S. stock futures pointed to a strong open on Wall Street on Monday, with a report on pending home sales as well as earnings from Charter Communications and Franklin Resources in focus….