Heads-up News 

Sydney Trading Session Heads Up Tuesday, April 30, 2019

Sydney opening news digest

In Venezuela, Another Failed Attempt To Oust Maduro

So long as Venezuela’s economy deteriorates, more military are expected to join forces with Juan Guaido.

 

The Case For The Bull Market’s Lasting

It could be that the current bull market isn’t as old as we think, and thus has more room to run.

 

The Russell 2000 Small Cap Index Lags The Other Big Indexes, Significantly

How the small caps are not quite keeping up with the bigger stock market indexes: 4 price charts to examine.

 

Apple Supplier Could Surge Next Month

Apple supplier Broadcom is historically one of the best stocks to own in May

 

Entering A World Of (Hyper)Inflation

The US, Europe, and most of the developed world are on the road to Japanification. The national debt will hit $40 trillion by 2029 or sooner and the deficit will reach $2 trillion per year. Where will we get the money to pay for this spending?

 

3 Reasons March Quarter’s GDP Growth Wasn’t As Strong As Reported

When you dig into March quarter’s GDP growth of 3.2% you quickly see that it was helped by trade, higher inventories and government spending. Stripping out these three components shows the economy only growing at a 1.1% rate.

 

Nearly 50% Would Rather Live With In-Laws Than Deal With Tariffs

A DHL Express survey finds that American small and mid-sized businesses are still stressed out over tariffs.

 

Old Gunslingers Never Die: They Just Buy Facebook, Microsoft & Amazon

Don’t ask what I owned days of the Nifty Fifty nearly 50 years ago. Certainly, Xerox and Polaroid. When I turned to a table of what Morgan Guaranty Trust inventoried in 1972, they claimed to own the biggest and best, what they called 1-decision stocks that you never had to kick out.

 

Apple Earnings Seen Falling, With Revenue Also Pressured As iPhone Sales Slow

Apple is scheduled to report fiscal Q2 earnings on Tuesday after the close, with analysts expecting both earnings and revenue down from a year earlier despite the stock’s strong performance so far in 2019.

 

This Top Advisor Is An Advocate For Millennial Women

Kathleen Entwistle was stay-at-home mom with an MBA, already active in the local library foundation and in her children’s sports teams, when she began teaching classes at her local YWCA to help women understand finances. Today she’s one of Forbes’ Top Women Advisors, managing $340 million in assets.

 

Alphabet Revenue Disappoints Ahead Of Apple Earnings After The Bell

After two days of record closes, the market seems to be having mixed feelings about pushing higher amid disappointing data from China and as Alphabet reports weaker-than-forecast revenue

 




The 9 Steps to Build a Great Banking Virtual Assistant

The 9 Steps to Build a Great Banking Virtual Assistant.

 

Big Tech Still Dominates Economic Earnings Growth

GAAP earnings don’t just mislead investors about the amount of growth in 2018, they also present a misleading picture of the breadth of earnings growth.

 

Recession Watchers May Be Looking In The Wrong Place

When I recently Googled the phrase “10-2 Spread,” about 30 million results came up. Wall Street pundits often point out that when the yield on U.S. Treasury securities maturing in 2 years exceeds the yield on those maturing in 10 years, a recession is typically not far behind.

 

If This Pattern Holds True, The U.S. Economy Could Face The Worst Stagnation In History

Many analysts including myself said that Japan is going to print money and the currency will lose value. Instead, it brought one of the most surprising macroeconomic outcomes that I could imagine—a shrinking fiscal deficit.

 

With Early Investors Making 833x, Three Reasons To Pass On Slack’s Direct Listing

Slack’s revenue growth is slacking off and it’s burning through cash. No need to rush into its direct listing.

 

Senator Rubio Prepares To Blast China In Speech Today

Rubio says we are only now coming to grips with how damaging China is to the U.S.

 

Comcast’s Big Gains Are Its Smaller Rivals’ Pain

There’s much to like in Comcast Corp’s first quarter results: Earnings per share jumped by 16.9 percent on 17.9 percent higher revenue, cash flow increased 18.1 percent with $4.6 billion in free cash flow, operating margins rose and customer growth accelerated.

 

Disney Will Hit $170 Next Year

On April 12, Disney’s (DIS) stock jumped 12% in a single day after it announced details of its new streaming service, Disney+. Streaming gives Disney a new way to monetize its content. It will have 60–90 million paying subscribers by 2024. And so I see Disney reaching $170 within 12 months.

 

USDMXN: Mexico GDP Contracts, Peso Whipsaws Ahead of Fed

A disappointing 1Q 2019 GDP report out of Mexico pushed USDMXN higher immediately following its release, but broad-based US Dollar weakness ahead of the Fed meeting tomorrow is likely weighing negatively on the greenback.

 

US Dollar Price Action Setups Ahead of FOMC, NFP

The US Dollar has pulled back from last week’s breakout, but the next three days are especially busy on the economic calendar. Can buyers re-gain control?

 

Euro Price Outlook: EUR/USD Snap Back- Trade or Fade?

Euro reversed from multi-year slope support and puts price back at the monthly open into the close of April trade. Here are the levels that matter on the EUR/USD charts.

 

Sterling Technical Analysis: GBP/USD Rallies Ahead of FOMC, BoE

GBP/USD is putting in an impressive rally following last week’s bearish breakout. But can GBP bulls continue to drive-higher with FOMC and BoE coming up?

 




Stock Market Update: GE, GM Earnings Recap, AAPL and AMD Ahead

After a miss from Google, the Nasdaq will need a strong performance from AAPL and AMD to buoy price and heal wounded sentiment.

 

USD/CHF Technical Analysis: Upward Trend Losing Momentum

Since March 20th USD/CHF has been pushing higher and breaking significant resistance levels

 

USDCAD’s Failed Breakout Attempt Hinges on Next Crude Oil Price Move

Crude Oil prices appear to be holding a key trend level as fresh supply concerns arise. This may be bad news for USDCAD rates.

 

10 Trading Mistakes to Avoid in Forex Trading

Human error in the forex market is common and often leads to familiar trading mistakes. Being aware of these errors, can help traders become more efficient in their forex trading.

 

CAD Drops, GBPUSD Reclaims 1.30, USD Selling on Month-End Flows – US Market Open

CAD Drops, GBPUSD Reclaims 1.30, USD Selling on Month-End Flows – US Market Open

 

Top 3 Technical Analysis Charts for Trading

There are 3 main types of technical analysis charts traders are likely to experience in their career. Learn about the different types and how to read them.

 

Crude Oil Prices Rise With Venezuelan Military Coup Underway

Crude Oil Prices Rise With Venezuelan Military Coup Underway

 

Gold Price Outlook: Gold Recovery Continues – Are Sellers Finished?

Gold prices put in a strong bearish run last week, but after setting a fresh 2019 low, buyers have re-emerged and Gold prices are trending-higher.

 

Market Sentiment Remains Positive | Webinar

Overall, trader sentiment remains buoyant, with stock markets not far from their recent record highs and no rush into safe havens such as gold.

 

Dollar Breakout Under Fire; Euro, GBPUSD & Gold Price Charts

The DXY is testing big breakout support; how the Euro acts is first and primary, cable at spot on chart, gold trying to benefit from weakness but struggling.

 

AUD/USD Technical Analysis: Aussie can be vulnerable below key 0.7075 resistance

AUD/USD daily chart AUD/USD is trading in a bear trend below its mains simple moving averages (SMAs). AUD/USD is seen as bearish below 0.7075 resistan

 

EUR/USD: EUR weakness or USD strength? – Rabobank

According to Jane Foley, Head of FX Strategy, point out that politics is another factor that has soured the outlook for the Euro and that Brexit has t

 




European assets: Too much bad news is being priced in at the moment – NBF

According to National Bank of Canada analysts, the Euro could appreciate in the coming month considering that the economic situation will likely impro

 

S&P500 Technical Analysis: Bulls gathering strength near the all-time high

S&P500 weekly chart The market is trading near the all-time high at 2,950.00. S&P500 daily chart The market is trading above its main SMAs as bulls ar

 

USD/MXN Technical Analysis: Pair turns lower for a test of 18.90

The USD/MXN pair is moving sideways around the 20-day moving average, in a higher range that the one that prevailed days ago. The move to the upside was capped

 

EUR/JPY steadies near 125, looks to close the day modestly higher

The EUR/JPY pair came under modest selling pressure and dipped below 124.50 after the disappointing data from China, which showed a softer than expect

 

ECB: : The “Japanisation” of the balance sheet – Natixis

Analysts at Natixis, analyzed what actions could implement the European Central Bank if growth slows in the Eurozone. They point out that the only pos

 

Gold on track for test of trend-line resistance in interim bull channel, although key events open 1266/03 parameters

Gold prices have been seeking an upside target towards the $1,290s within the falling wedge since bottoming out on the 23rd April down at $1,266.42oz

 

US Pres. Trump: Monitoring the situation in Venezuela very closely

U.S. President Donald Trump recently tweeted out that he was monitoring the situation in Venezuela very closely and said that the U.S. was standing wi

 

USD/JPY: After a forgettable April, will volatility return?

The USD/JPY pair moved further to the downside on Tuesday, still on a correction that started last week from the levels near 112.50, the highest in fo

 

US economy to expand at around 2.5% this year, suggesting little need for policy easing – ING

Previewing Wednesday’s FOMC meeting, ING’s Chief International Economist James Knightley said that although the Fed is expected to keep its policy unc

 

GBP/USD Technical Analysis: Cable boosted en route towards 1.3140 resistance

GBP/USD daily chart GBP/USD is trading above its 100 and 200 SMAs as the market gets a strong boost above 1.3000 figure. GBP/USD 4-hour chart GBP/USD

 

Trump agrees to pursue $2 trillion infrastructure package, Schumer says

Senate Minority Leader Charles E. Schumer has been reported saying that President Donald Trump and Democratic leaders agreed this Tuesday to pursue a

 

On funda, WTI bulls have taken price back into bullish/neutral territory above the 61.8% Fibo of Oct-Dec 2018

On a technical basis, U.S.-based West Texas Intermediate crude is making hard work of the top side as bulls attempt to defend a full-on breakout to th

 




US: Labor costs not a significant risk to inflation yet – Wells Fargo

Data released today showed that employment costs, including benefits, rose 0.7% over the first quarter. A tight labor market should put further upward

 

EUR/USD Technical Analysis: 1.1200 support holds – Can 1.1270 be next ?

EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving average (SMAs). EUR/USD is rebounding from the 1.1100 level. EUR/U

 

USD/CAD drops to weekly lows, comes within touching distance of 1.34

The USD/CAD pair rose to a session high of 1.3468 with the loonie coming under strong selling pressure after the data published by Statistics Canada s

 

US Dollar Index Technical Analysis: Is the DXY correction down over?

DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). DXY is correcting down for the thir

 

UK: Opposition Labour party to support a second Brexit referendum – BBC

Citing BBC, Reuters recently reported that the opposition Labour party agreed to support a second Brexit referendum if it can’t get a general election

 

US Consumer Confidence: Consumption has momentum going into Q2 – Wells Fargo

Data from the Conference Board released today showed that the Consumer Confidence rebounded in April. Analysts at Wells Fargo point out that personal

 

BoC’s Poloz: Bank’s decision to trim its estimate of the neutral rate is not permanent

While responding to questions after following his opening statement before the House of Commons Standing Committee on Finance, Bank of Canada Governor

 

USD/CAD Technical Analysis: Greenback drifting down below 1.3500 figure

USD/CAD daily chart USD/CAD is trading in a bull trend above its 200 simple moving average (SMA). USD/CAD found resistance at 1.3520 resistance and ha

 

WH Chief of Staff Mulvaney: US-China trade talks likely to be resolved in next 2 weeks

Commenting on the latest developments surrounding the U.S.-China trade conflict, White House chief of staff Mick Mulvaney said trade talks were likely

 

EUR/USD fails at 1.1230 and hits session lows under 1.1200

The EUR/USD pair moved off highs and fell toward the 1.1200 area during the US session amid month-end flows and a decline in US equity prices. The eur

 

BoC’s Poloz: Accommodative policy interest rate continues to be warranted

In his opening statement before the House of Commons Standing Committee on Finance, Bank of Canada Governor Stephen Poloz said that although the Canad

 

NZD/USD stays directionless below 0.67 ahead of NZ labour market data

The NZD/USD pair showed some sharp fluctuations in the Asian session on Tuesday as markets reacted to the macroeconomic data releases from New Zealand

 




USD/JPY Technical Analysis: Greenback losing some steam below the 112.00 mark

USD/JPY daily chart USD/JPY is testing the 50-day simple moving average. USD/JPY 4-hour chart USD/JPY is challenging the 200 SMA as the market is trad

 

GBP/USD Technical Analysis: Bulls take out 1-1/2-month old descending trend-line resistance

• The pair built on last week’s modest recovery from over two-month lows, around the 1.2865 region, and caught some aggressive bids on Tuesday. • A s

 

US: CB Consumer Confidence improves to 129.2 in April from 124.2 in March

In its monthly Consumer Confidence Survey, The Conference Board reported that the consumer sentiment improved to 129.2 in April from 124.2 in March. A

 

United States Pending Home Sales (YoY) increased to -1.2% in March from previous -4.9%

United States Pending Home Sales (YoY) increased to -1.2% in March from previous -4.9%

 

Fiserv Earned 84 Cents per Share Crossing Wall Street

“We are off to a strong start to the year, with first quarter internal revenue growth and sales ahead of our initial expectations,” said Jeffery Yabuk

 

Morning News: April 30, 2019 Crossing Wall Street

Boxed In: $1 Billion of Iranian Crude Sits at China’s Dalian Port

The Fed Has a Problem at the Heart of Its Battle to Spark Inflation

Labor Dept. Sa

 

Here comes AMD … (AMD) | Markets Insider

AMD is set to report first-quarter results after Tuesday’s market close.
Rival Intel fell sharply after offering muted guidance and citing a slowdown in t…

 

Apple’s second quarter numbers beat the Street

Apple’s revenue, earnings and even iPhone sales beat analysts’ expectations.

 

Burger King and Beyond Meat say plant-based burgers aren’t eating into meat sales | Markets Insider

Beyond Meat, which filed for an initial public offering on the Nasdaq this week, found that 93% of Kroger customers who bought its Beyond Burger also pu…

 

Google’s Q1 was a $70 billion disaster that analysts say is the reality-check it needs to finally make a big change

Some analysts are saying that lack of transparency Google gives to its investors could be a potential reason itself as to why the company’s stock may be dragging.

 

Here’s everything Facebook announced at its biggest event of the year

Facebook CEO Mark Zuckerberg has a lot to talk about at the company’s annual F8 developer conference.

 

Tesla’s stock is ‘caught in a flywheel of concerns,’ says Morgan Stanley analyst who just cut his price target for the 4th time this year (TSLA) | Markets Insider

Tesla shares fell by as much as 1.2% on Tuesday after Morgan Stanley slashed its price target.
It’s the firm’s fourth price-target cut this year and this …

 




A $70 billion investment manager turned the Milwaukee Bucks into a basketball powerhouse. Now he’s set on improving America’s dismal passenger trains.

Wes Edens has money in professional sports teams, including esports, on multiple continents. His next bet is shuttling you between Miami and Disney.

 

Facebook has 2 new, $400 virtual reality headsets coming on May 21

Facebook’s next standalone virtual reality headset, the Oculus Quest, arrives on May 21 for $400. The next Oculus Rift will also arrive on May 21.

 

Facebook’s Tinder rival now wants to get you to date your existing friends

A year after announcing Facebook Dating, the company wants to help users find love in new places.

 

Facebook is getting its biggest face-lift ever as the social network tries to prove it has changed after a string of scandals

Facebook is putting stories and groups front and center — and ditching its iconic blue bar.

 

These 9 hedge fund managers made an insane amount of money in 2018 | Markets Insider

Last year was a tough one for many hedge funds, with over 60% losing money, according to a report from Institutional Investor.

Despite the difficult

 

The global elite at Milken can’t stop talking about an overlooked signal they say will determine the future of the global economy

Top investors and economists explain why productivity growth is vital for future growth.

 

Top Wall Street CEOs keep saying their No. 1 fear is a cyberattack that’ll take down the financial system | Markets Insider

Financial-company CEOs are increasingly concerned about cyberattacks on the financial system.
David Hunt, head of investment management at Prudential, hig…

 

‘Avengers: Endgame’ is pulling the 2019 box office out of its deficit, but there’s still a lot of ground to make up

The performance by “Avengers: Endgame” led to a $400 million domestic box office total over the weekend, a first for the industry.

 

Stock buybacks have been labeled a ‘bubble,’ a ‘panic,’ and ‘corporate self-indulgence,’ but an ETF that’s tracking them keeps setting records | Markets Insider

Democratic presidential candidates, Republican Sen. Marco Rubio, and an investment strategist at a major Wall Street firm are among the many who have pi…

 

Americans are becoming more optimistic about the economy | Markets Insider

Consumer confidence partially rebounded in April after falling sharply in the previous month.
A tight labor market and record highs in financial markets h…

 

KFC is selling a piece of the chicken it’s never used before to boost its China business | Markets Insider

KFC restaurants in China sold parts of chickens they’ve never used before in the first quarter of 2019.
The restaurant chain introduced ‘a part of the chi…

 

Warren Buffett is taking sides in the bidding war for energy giant Anadarko (BRK.A, APC, OXY) | Markets Insider

Warren Buffett’s Berkshire Hathaway is joining Occidental Petroleum’s bid for Anadarko by providing $10 billion in financing.
Occidental’s $38 billion bid…

 




10 of the world’s best investing minds shared their biggest fears at Milken — and the lack of consensus is a major red flag of its own

Ten experts at the Milken Institute Global Conference couldn’t agree when asked about the biggest risk facing the investment landscape and economy.

 

Bacon drives McDonald’s same-store sales beat (MCD) | Markets Insider

McDonald’s bacon promotion drove higher sales for the quarter, beating analyst expectations.
The company’s shares were up 3% early Tuesday, despite missin…

 

Arlo stock rallies after company’s Q1 sales come in above expectations

Shares of Arlo Technologies Inc. rallied more than 10% in the extended session Tuesday after the maker of connected home-security cameras and other devices…

 

Microsoft closes with market cap above 1 trillion

Microsoft Corp. closed with a market value of above $1 trillion Tuesday, joining rival tech giant Apple Inc. as the only two U.S. companies to do so. Shares…

 

Amgen stock rises on company’s earnings beat, Neulasta sales fall 12%

Shares of Amgen Inc. rose more than 1% in the extended session Tuesday after the drug company reported adjusted first-quarter profit and sales above…

 

S&P 500 notches back-to-back-to-back record but Apple, Amazon share declines weigh

The S&P 500 index logged its third consecutive record on Tuesday, ahead of a key policy update from the Federal Reserve on Wednesday. However, gains for…

 

Oil ends higher for the session, tallies a 4th straight monthly gain

Oil futures climbed Tuesday, as the expiration of U.S. waivers on Iran oil sanctions later this week and renewed political turmoil in Venezuela raised the…

 

PVH licensing deal to make Nike-branded men’s underwear a ‘win-win’ for both companies

PVH Corp.’s new licensing deal with Nike Inc. to make Nike-branded men’s underwear is a “win-win” for both parties, said CFRA analyst Camilla…

 

Altice USA to acquire digital news company Cheddar for $200 million

Altice USA said Tuesday it is acquiring digital news company Cheddar for $200 million. The deal is expected to close in the next two months. Cheddar, which…

 

Pelosi, Schumer say they’ve agreed with White House to spend $2 trillion on infrastructure

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer on Tuesday announced they have agreed with President Donald Trump to spend $2 trillion on…

 

Mulvaney says a U.S.-China deal could get done in two weeks as he casts doubt on infrastructure pact

A U.S.-China trade deal could be done in two weeks, acting White House chief of staff Mick Mulvaney said Tuesday at the Milken Institute. But he said it’s…

 

PetIQ’s stock tumbles toward biggest ever one-day drop after short seller warns of up to 90% downside

Shares of PetIQ Inc. plunged 13.1% in morning trade Tuesday, putting them on track for their worst one-day performance since going public in July 2017, after…

 




Earnings recession still on track after Q1 reporting season is more than half over

With a little more than half of the S&P 500 companies having reported first-quarter results, earnings are still on track for the first year-over-year…

 

Axcella Health sets IPO terms, which could value the biotech at up to $505.7 million

Axcella Health Inc. disclosed Tuesday that it set terms for its initial public offering (IPO), in which the biotechnology company could be valued at up to…

 

WageWorks stock jumps after HealthEquity makes buyout offer

Shares of WageWorks Inc. were up nearly 12% in Tuesday morning trading after health-savings-account company HealthEquity Inc. confirmed that it offered to…

 

GE’s industrial FCF beat was largely because of timing issues, which should ‘balance out’; stock pares gains

General Electric Co.’s stock rallied 4.4% in morning trade, but pared earlier gains, on the back of better-than-expected first-quarter adjusted earnings,…

 

Chicago PMI falls in April to more than two-year low

Chicago PMI fell sharply in April, falling to 52.6 from 58.7 in March. That’s the lowest level since January 2017. Four of the five components declined, and…

 

IBM boosts dividend by 3.2%, remains the 2nd-highest yielding Dow component

International Business Machines Corp. said Tuesday it raised its quarterly cash dividend by 3.2%, to $1.62 a share from $1.57 a share. The new dividend will…

 

Beyond Meat will now offer 9.5 million shares in IPO, priced at higher range of $23 to $25 each

Beyond Meat, the maker of plant-based meats, has increased the size of its planned initial public offering and raised the price range, indicating a strong…

 

Pompeo says U.S. backs Guaido in military uprising against Venezuela’s Maduro

U.S. Secretary of State Mike Pompeo said the U.S. is backing Venezuela’s interim president, Juan Guaido, after the launch of what’s called Operación…

 

Stocks open mostly lower as Google earnings drags down S&P, Nasdaq

U.S. stock-market benchmarks were mostly lower at the opening bell on Tuesday after Google’s results weighed on the S&P 500 and Nasdaq, even as solid…

 

GE’s stock rallies toward first close above 200-DMA in 2 years

General Electric Co.’s stock shot up 6.8% in premarket trade Tuesday, putting it on track to do something it hasn’t done in over two years–close above the…

 

Berkshire Hathaway commits to $10 bln equity investment in Occidental to buy Anadarko

Occidental Petroleum Corp. said Tuesday that Berkshire Hathaway Inc. has committed to an equity investment of $10 billion to help the energy company finance…

 

Alphabet’s stock tumbles after first double miss in 4 years, but some analysts like the dip

Shares of Google parent Alphabet Inc. sank 8.4% in premarket trade, after the internet giant reported a double miss, for both earnings and total revenue, for…

 

HCA stock up 5% after beating earnings expectations and raising guidance

Shares of HCA Healthcare Inc. rose 5% in premarket trade Tuesday after the company reported first-quarter earnings and revenue that beat Wall Street’s…

 

Texas Roadhouse shares sink as analysts raise a red flag on margins

Texas Roadhouse Inc. shares sank 8.2% in Tuesday premarket trading, setting up for the steepest percent decline since February 2017, after the restaurant…

 

Starbucks is coming for your Instagram feed with new summer beverages

Starbucks Corp. has designed its summer menu with customer Instagram feeds in mind, launching a Mango Dragonfruit Refresher, and a Dragon Drink that combines…

 

GM’s stock slumps after earnings beat, but revenue falls more than expected

Shares of General Motors Co. slumped 1.9% in premarket trade Tuesday, after the auto maker reported first-quarter earnings that beat expectations, but…

 

Arconic shares rise 3.9% premarket as profit tops estimates

Arconic Inc. shares surged 3.9% in premarket trade Tuesday, after the maker of aluminum parts for the aerospace and car industries topped profit estimates…

 

Mastercard stock gains after earnings, revenue top expectations

Mastercard Inc. shares were up 0.8% in premarket trading Tuesday after the card network beat earnings and revenue expectations for its first quarter. The…

 

McDonald’s same-store sales beat expectations with help from bacon and Donut Sticks

McDonald’s Corp. shares rose 3.7% in Tuesday premarket trading after the fast-food giant reported first-quarter same-store sales that beat expectations. Net…

 

GE’s power challenges to continue, but revenue falls less than expected

Shares of General Electric Co. shot up 9.9% premarket trade Tuesday on the back of first-quarter results, as the industrial conglomerate’s power business…

 

US Dollar Price Action Setups: Turn or Burn Ahead of FOMC, NFP

article attached to this archived webinar: https://www.dailyfx.com/forex/video/live_events/2019/04/30/us-dollar-price-action-chart-setups-usd-ahead-of-fomc-n…

 

WTI Crude Oil and Natural Gas Forecast May 1, 2019

The WTI Crude Oil market initially rallied on Tuesday but gave back quite a bit of the gains to turn around of form a bit of the shooting star. The shooting …

 




Bitcoin Forecast May 1, 2019

The bitcoin market rallied a bit during the trading session on Tuesday, bouncing from the bottom of the channel that we have been in. Beyond that, there is a…

 

Gold Forecast May 1, 2019

Gold markets have rallied a bit during the trading session on Tuesday, reaching towards the $1290 level. The reason that is significant is that we had seen a…

 

Cheer Up

Adage:

If you’re not worried, you’re not trading big enough.

Cartoon:


Image courtesy: s3.amazonaws.com

Have a nice trading!




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