hrdk's Blog
Asian markets fall on Wall St's tech slide
Overnight newsFANG stocks
- The FANG Index representing Facebook, Amazon, Netflix and Google dropped 6.2% overnight pushing the Nasdaq down 2.93% and the rest of the stocks lower as well. The Index is still up 8.9% though compared to the Nasdaq, which is only up 1.53%; the Dow down 3.49% and S&P down 2.28%. At 65 times earnings in mid-March, the group was valued almost three times as richly as the S&P 500 Index. That’s comparable with tech stocks in March 2000.
Big Changes in GBP, JPY & Silver
Bunk HIGHLIGHTS:
GBP net-long among vast theorists bounces with ascend in money
JPY expansive specs secured at a forceful clasp on hazard avoidance
Valuable metals saw enormous changes, particularly silver
For shorter-term assessment readings, see the IG Client Sentiment page.
This previous week's report featured a couple of critical changes in situating among huge examiners. Sterling brokers keep on being idealistic on the money, incline supports more upside. There was huge short covering in th…
GBP net-long among vast theorists bounces with ascend in money
JPY expansive specs secured at a forceful clasp on hazard avoidance
Valuable metals saw enormous changes, particularly silver
For shorter-term assessment readings, see the IG Client Sentiment page.
This previous week's report featured a couple of critical changes in situating among huge examiners. Sterling brokers keep on being idealistic on the money, incline supports more upside. There was huge short covering in th…
S&P 500's Biggest Bullish Gap in a Decade Signal?
Ideas:
•The S&P 500 posted its greatest bullish hole on the every day - and week after week open in about 10 years Monday
•Gaps happen essentially because of liquidity - however holes in persistent and discrete markets convey altogether different undertone
•A solid bullish hole for US values is noteworthy yet it doesn't resolve what is left as a rule unpredictability
How would you exchange current economic situations? What crucial topics are most critical to take after? Are there shrouded hazard…
•The S&P 500 posted its greatest bullish hole on the every day - and week after week open in about 10 years Monday
•Gaps happen essentially because of liquidity - however holes in persistent and discrete markets convey altogether different undertone
•A solid bullish hole for US values is noteworthy yet it doesn't resolve what is left as a rule unpredictability
How would you exchange current economic situations? What crucial topics are most critical to take after? Are there shrouded hazard…
US Dollar Whipsaws Around March FOMC Decision - No Direction
- US Dollar produces mixed reaction, with the DXY Index trading lower ahead of newly-minted Fed Chair Jerome Powell’s first press conference.
See our longer-term forecasts for the US Dollar, Euro, British Pound, and other major currencies with the DailyFX Trading Guides.
The Federal Open Market Committee did what was …
See our longer-term forecasts for the US Dollar, Euro, British Pound, and other major currencies with the DailyFX Trading Guides.
The Federal Open Market Committee did what was …
Asian shares track US tech slump, focus on Fed meeting
TOKYO (AP) — Asian shares skidded Tuesday following an overnight decline on Wall Street after Facebook reported its worst loss in four years. Investors are awaiting the first Federal Reserve meeting under the new chairman, Jerome Powell, and anticipating the first rate increase of the year.
KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.7 percent in morning trading to 21,341.67. Australia's S&P/ASX 200 slipped 0.5 percent to 5,927.60, while South Korea's Kospi shed 0.3 percent to 2,468.35. H…
KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.7 percent in morning trading to 21,341.67. Australia's S&P/ASX 200 slipped 0.5 percent to 5,927.60, while South Korea's Kospi shed 0.3 percent to 2,468.35. H…
LONG GBPUSD testing major support, potential bounce
is testing major support at 1.3930 (horizontal overlap support, 23.6% Fibonacci retracement ). A strong bounce could occur at this level, pushing price up to our next major resistance at 1.3996 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement , 100% Fibonacci extension ).
Stochastic (34,5,3) is also seeing a bounce off its ascending support line along with a …
Stochastic (34,5,3) is also seeing a bounce off its ascending support line along with a …
SHORT Bitcoin, still dropping as (perfectly)planned. targets 7500/6000
As one of the few here i was shorting Bitcoin -0.18% at 11.500/11.600 because i knew that big inverse H&S everyone was looking at would be a big bull trap. I predicted an acceleration down, which clearly happened (look up my previous charts for more info). I closed most of my short positions around the 8500 because there i predicted a short covering rally.
Even though my first target was and still is 7500ish, i closed my short position at 8500 because i expected a move up towards the 9800/10.200…
Even though my first target was and still is 7500ish, i closed my short position at 8500 because i expected a move up towards the 9800/10.200…
The Reason Why BITCOIN Now Is In BIG Trouble!
Hello Dear Friends!
Up, down - A spike... And then another spike! Yesterday we saw how people were getting their hopes back - we had something that could have turned into a real reversal, Elliott Waves were taking form, BUT then... A BIG price drop once again, which made an immediately Elliott Wave failure! News about Goldman Sach's telling we might go under 6,000 USD, other rumors about Mt. Gox might be selling thousands of dollars again in the near future, has ONCE again created a lot fear, un…
Up, down - A spike... And then another spike! Yesterday we saw how people were getting their hopes back - we had something that could have turned into a real reversal, Elliott Waves were taking form, BUT then... A BIG price drop once again, which made an immediately Elliott Wave failure! News about Goldman Sach's telling we might go under 6,000 USD, other rumors about Mt. Gox might be selling thousands of dollars again in the near future, has ONCE again created a lot fear, un…