Good Monday morning everyone,
Markets are off to a slow start
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Just a down day, nothing to indicate a trend change
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Another slow start, markets seem to be in auto-pilot mode, no major news to drive the market up or down
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at the close not much has changed, we are still seeing a slight bias towards Risk-On
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Here we go again, outside small caps, most of the market has moved less than a quarter of one percent
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here is a bit of a switch, we have the DOW leading and the NASDAQ taking a big hit, is this a short term trend change?
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Mixed day, Top Trade CADJPY is leading the move down among Yen pairs
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Does anyone own Apple? The company recently hit a new all-time high and here is why
Ready Player One
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Stocks rallied, Nasdaq led,
Oil, CAD, and USD down
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AUD was the big winner for the week
AUD clears resistance as it becomes our newest Top Trade, If the market continues to move in a risk-on direction AUDJPY should do well
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Good Monday morning
Markets are mixed and off to a slow start, the trend is still toward Risk-on assets
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Good day for stocks, currencies were mixed with no major moves
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A whole lot of green today
Rank order remains unchanged
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NZD was the big winner on the day
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As long as you are short the Yen you are making money
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Also, long gbpusd…in fact…gbp is the strongest currency right now…you can see that on the chart.
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We end the week with Stocks down but all Yen Currencies up, this makes absolutely no sense. But in this upside-down world where you can be any sex just by saying so, I guess this is the new norm and we just have to learn to trade in it. On the plus side of things, my Strong- Weak rankings continue to keep us in good trades
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