Gains today in Top Trade NZDCAD
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Miracles happen when the S&P moves upon extreme fear & greed.
Like a pump & dump ponzi.
Risk-on currencies AUD and NZD are leading the market lower, The DOW 30 is sitting just above its 200 DMA, the NASDAQ has already broken its 200 DMA, S&P still has a ways to go but it looks like it will join the party.
Buying stocks or Index ETF’s when the price is below their 200 DMA has been a good strategy and I will be a buyer once the selling panic ends
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What do Americans do when the Markets are crashing, apparently we reach for an ice-cold Coke
Both Coca-Cola and Pepsi are holding up very well during this market correction
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Yen is on the rise
Top Trade NZDCAD had a reversal candle on Friday,
After such a negative week it would be normal to see some kind of dead cat bounce this week
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Another ruff Monday for Stocks, We saw this two Monday’s ago that lead to a two-day rally ( dead cat bounce) , With many stocks now below their 200 dma ( bear market ) once expensive stocks are looking a bit more attractive,
Our currencies are following equities, risk-on currencies are selling off and money is rotating into safety ( Yen and USD)
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S&P really jumping bears again??
Yen closing in on #1
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I took profit on a S&P bullish move I could not resist.
I don’t know where it will go now, but I will wait for nice pullbacks.
1-3 RR always a good bet.
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US Dollar surges in afternoon trading as worries over interest rate hike sends stocks lower
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Another strong day for the US dollar as stocks again selloff into the close
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Just two weeks ago USD was our weakest currency, but with an increase in interest rates coming any day now, we could see a long run in USD strength
USD is our new Top Trade or a continuation of the signal we had back in November, AUDUSD looks good too
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im in pepsi and mcdonalds…both holding up well as you mentioned.
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Strong end of the week for stocks with NASDAQ leading the way, this normally would indicate a move back to risk-on but our currencies are still moving to safety. Who is right?
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What website do you use to get the data to key onto the excel worksheet?
Is there a specific time of getting this data?
Thread has been open for nearly 6 years, do you think the information has not been shared yet?
What do you do on the weekends?
Oh I see. There’s something buggy about this site. That post didn’t show up when I was reading it so it just looked like somebody criticising the thread
