NFP: Not F*cking Playing

NFP: Not F*cking Playing

tomorrow brings NFP and markets are pretty coiled up for it. The risk trade is in focus and this can of course push a number of other markets along with it. On the lucky side, VIX slid back below 20 today so premium isn’t as expensive. Straddles can look more...
FOMC

FOMC

Next week brings the Fed and they may actually punt here. Covid numbers are a reason, but this Evergrande thing may spiral and with stocks pulling back a bit they might balk. But, they have been pretty intentional so I do think they’ll ultimately have something...
evergrande as the pin that pops it all

evergrande as the pin that pops it all

I still remember when there was massive skepticism around QE. It was artificial, and basically just a fake leg for global markets until politics could get their shit together and fix the structural problems that had shown at the time. Those problems were pretty...
Cardano Trading Forecast

Cardano Trading Forecast

Last week was big for Cardano. One of those battles where you lose more than you win but, everyone else is weakened even more so you’re coming out strong by comparison. Last week was a big hit for the crypto space with a massive sell-off on the 7th. But –...
AUD/USD Weekly Analysis

AUD/USD Weekly Analysis

Last week was a reversal type of outing for AUD/USD, and next week may carry some more as the pair began to budge below the psychological level at .7375. Combine this with a bearish stoch signal and the door appears open for downside in the pair next week. Of...

Apple folds from Fibonacci resistance

Looked at the setup earlier this week, Apple testing Fibonacci resistance, as taken from a 141.4% extension. That’s led to an $8 move off of the highs, with prices now getting back into the territory of short-term support. Buying opportunities may follow next...
CARDANO COMEBACK

CARDANO COMEBACK

Many other cryptocurrencies remain on their back foot. Not Cardano, the green cryptocurrency. As looked at on Wednesday, the coin has broken out to the upside. The levels looked at on Wednesday held true, although timing the breakout proved more difficult than...