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Trading & Market News

4/8/2020

Equities volatile, dollar eases on Wednesday.

Wednesday has brought with it another day of volatility, and equities jumped up and down, with bulls a bit cautious after yesterday's significant reversal.

4/8/2020

SP500 posts a nice head and shoulders pattern

The SP500 index declined on Tuesday, and it was a sharp drop from daily highs as the index cratered some 4% to post a strong daily bearish pin bar.

4/7/2020

EURUSD starts to rocket higher as very high US inflation nears

Gold and silver are soaring; US equities are roaring higher two or three times more as it looks like there won't be a recession, and the US economy will return to growth in the second half of the year. Perfect, as if nothing happened.

4/6/2020

Stocks roar higher as investors turn optimistic again

All it needed for a 5% rally in indices was a small decline in US coronavirus deaths over the weekend (despite many analysts calling this decline false and underreported), and the markets rallied sharply.

4/6/2020

Silver testing key resistance

Silver took a pause in its strong rally and consolidated for many days, but this phase looks to be over, and the metal is heading higher again.

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