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Month: December 2018

This wacky daily trading strategy posted a 13% return in this rough year

Buy the S&P 500 at the close every day and sell it at the next open. Sounds wacky? You could have outperformed the market by 20 percent. According to Bespoke Investment Group, if one had implemented this so-called after-hours strategy every day in 2018, it could’ve posted a 13.3 percent return. “This has really been …

This wacky daily trading strategy posted a 13% return in this rough yearRead More

US Futures Higher After Trump Tweet | Gold Prices Focused On Risk Off Events

Gold prices are trading near-six month high thanks to the weakness in the dollar index. The economic data released on Friday pretty much put cold water on Fed being hawkish in Q1 of 2019 and this pushed the dollar index lower. Spot gold is up today and it is trading near enough 1281 or in …

US Futures Higher After Trump Tweet | Gold Prices Focused On Risk Off EventsRead More

GBPUSD Marginally Bullish in Very Short-Term; Remains Below Falling Trend Line

GBPUSD has rebounded somewhat after falling to a 20-month low of 1.2475 on December 12 and momentum indicators are endorsing that the market sentiment might get better and create some gains in the daily timeframe, despite the latest sideways movement; the RSI indicator is sloping slightly up marginally above 50, while the MACD oscillator is …

GBPUSD Marginally Bullish in Very Short-Term; Remains Below Falling Trend LineRead More

Trump’s Trade Tweet Boosts Confidence in the Last Day of the Year

Trade optimism supports stocks, but dollar not so excited Italy approves revised 2019 budget plan Oil set for negative close after three years Trump’s trade phonecall lifts market sentiment in the last day of the year Investors will have their last full trading day on New Year’s Eve Monday before closing their books for 2018 and futures tracking US …

Trump’s Trade Tweet Boosts Confidence in the Last Day of the YearRead More

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