Stocks Can Rebound

The American economy is beginning to feel the pressure of the European crisis. However, decisions taken in Brussels last week could restore confidence and calm the financial markets for a few months.  As result stocks and the euro could climb again.

Operation Twist is Not Enough

(Image By kewl via Flickr)

Unemployment could decline over the medium term, but another wave toward the highs is expected. Europe is only few minutes away from midnight, so what will be decided this week in Brussels?

Eur/Usd: Bottoming?

(Image by Justin Ruckman via Flickr)

Despite the current turmoil, US markets are holding up fine so far. Instead, European economic conditions are worsening.  What will Ben do?

Short term trading: --GPB/USD, Jun. 14/12

 --GPB/USD at 1.5420, stop-loss at 1.5470, target at 15410 or MOC. The trend is favourable to the U.S. dollar. A breakout could take the price lower, considering there is a divergence between current price and the RSI indicator.

The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed, neither the information presented nor any opinion expressed constitute a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. Forex, futures and commodity trading may not be suitable for all recipients of this report. The risk of loss in trading forex, futures and options can be substantial. Each investor must consider whether this is a suitable investment. All recommendations are subject to change at any time. Past performance is not a guarantee of future results. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Monthly Trade, June 2012, ++ SPM2

There is a divergence between the price and the RSI indicator. June has been a favourable month for stocks. A move above 1365 could target 1.3670.

The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed, neither the information presented nor any opinion expressed constitute a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. Forex, futures and commodity trading may not be suitable for all recipients of this report. The risk of loss in trading forex, futures and options can be substantial. Each investor must consider whether this is a suitable investment. All recommendations are subject to change at any time. Past performance is not a guarantee of future results. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

The U.S. Dollar is Overbought

It should correct over the short-medium term. The unemployment rate could still decline few more points, before resuming the long-term uptrend

Markets are Still Under Pressure

(By Gwydion M. Williams via Flickr)

Weakness should persist and Q3 is in the cards. It would support stocks and contract the U.S. dollar. A Redemption Fund is gaining consensus in Europe. It can provide a solution  to the debt challenge and possibly calm the financial markets.