Blake Morrow’s Chart of The Day – August 4th 2021
IWM "Why is this a big deal?" With the S&P 500 almost at all time highs once again, we have...
The big trading question is not ‘when’ the Fed will taper but ‘how’?
Market in a tizzy over taper There shouldn’t be many people in the market now who don’t think a taper...
While the Market Trades Sideways, This Sector Pushes to New Highs
Written by Forrest Crist-Ruiz The small-cap Russell 2000 index (IWM) cannot make up its mind. For the past three trading...
AUD Scenerios: What IF the RBA Reverses Taper Call
The first week of August will be a busy one for the financial markets. Employment reports are due for release from...
Blake Morrow’s Chart of The Day – July 30th 2021
EEM vs. USDMXN The EEM (emerging markets index) vs the USDMXN is still one of my favorite correlations in the...
Dollar Outlook & 3 Main Takeaways from Fed
The U.S. dollar traded lower against most of the major currencies on the back of the Federal Reserve’s monetary policy...
Blake Morrow’s Chart of The Day – July 29th 2021
NZDJPY The NZDJPY is range bound, but we are respecting some key support at the 200dma, horizontal support at the...
Fed Preview – These Two 5 Letter Words Could Make or Break Dollar
The U.S. dollar traded lower against the euro and Japanese Yen ahead of Wednesday’s Federal Reserve’s monetary policy announcement. This sell-off...