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Global Macro Factors Impact Markets
The market is trading on macro factors at the moment, says Greg Goodsell, equity strategist at RBS, speaking to Jeremy Hook, investment director at TMS Capital and CNBC’s Oriel Morrison.
Mid-Morning Profit Taking
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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…
Yellen's 6-Month Comment Mostly in-line with Prior Guidance: Why That Doesn't Matter
Want More? JOIN OUR FREE NEWSLETTER Here are my thoughts from yesterday’s Fed meeting: Overall- I’m still bullish and think the reaction was a little exaggerated. The big takeaway is that “good” economic data might not be “good” for the Wall Street because that would imply a rate hike might occur sooner than initially expected. Of…
Worried About The Latest Market Sell-Off? Pictures Tell The Best Stories
The following is an excerpt from Tuesday’s FindLeadingStocks.com intra-week update. It was sent to all our members in the middle of the trading day: Market Update: Not much changed from our comments from earlier this week. We received a ton of great feedback after the update was published as markets near the lows of the…
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Email Info[at]50ParkCapital.com to Schedule A Complimentary Portfolio Review… You Have Nothing To Lose, And Everything To Gain Disclaimer: Past performance is not necessarily indicative of future results. All investment strategies have the potential for profit or loss. No current or prospective client should assume that the future performance of any specific investment or…