Trade ideas thread – European session 9 February 2023
A dent to risk sentiment or is this the start of a potential reversal? Things are certainly heating up ahead of next week’s US CPI data release. For today, we might get a bit of a teaser on the market’s appetite or angst with German inflation on the data docket. Meanwhile, the yen is also […]
The next few days may reveal whether investors have been riding one big suckers rally, says this strategist.
Stock futures are pointing due south as caution grips investors following Friday’s monster jobs beat. While subject to revisions, that 517,000 surge in U.S. jobs may have shredded hopes among some that the Fed will be done with rate hikes sooner rather than later. “Half a million jobs, climb down off the wall, call the recession […]
Trade ideas thread – European session 6 February 2023
Hot. Hot. Hot. 🔥🔥🔥 US labour market conditions continue to stay strong and that sent markets for a ride on Friday with bonds selling off heavily and the dollar recovering strongly. But does that really change the Fed outlook all too much? In all honesty, I don’t think so but perhaps markets are now heeding […]
Trade ideas thread – Friday, 3 February 2023
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Trade ideas thread – European session 23 January 2023
Dollar on the brink? That’s one possibility of a break to watch in trading this week, ahead of the FOMC meeting next week. Here are some key levels in consideration: EUR/USD is at fresh highs since April last year, pushing 1.0900 as buyers eye 1.1000 GBP/USD knocking on the door of its December highs at […]
Trade ideas thread – European session 20 January 2023
What a week it has been and it looks like things are settling down a bit ahead of the weekend, with equities holding up so far today. This comes after a drop in the past two days, which saw US stocks in particular suffer a technical setback. The bond market also continues to intrigue with […]
Trade ideas thread – European session 19 January 2023
It looks like it isn’t that easy to put down the yen bulls as they are back in the driver’s seat again today. Another 100 pips drop in USD/JPY is keeping the downside momentum well intact as sellers eye a push towards 125.00 next. Meanwhile, equities are also starting to intrigue as the fundamental and […]
Trade ideas thread – Monday, 16 January 2023
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Tesla is a ‘soft-landing’ stock, says Goldman Sachs. Here are its picks for a gentle slide as well as a rough landing.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core prices rose 0.3%. “The 2021 surge in durable goods demand normalized, and the resulting collapse in durable goods price inflation was stunningly fast,” says Paul […]
How a California cannabis company’s founder is tapping his deep roots in the business to navigate the legal market
Herbl Inc. CEO Mike Beaudry certainly knows the cannabis business as founder of the California-based distributor that provides marijuana to more than a thousand legal businesses in the state. While California supports the largest adult-use cannabis market in the U.S., it continues to face off against legacy — or illicit market — sellers as […]