BlondieNews
BlondieNews
BlondieNews
The map gives a snapshot of what’s ahead, based on the latest IMF forecast. South America is a mess, with Argentina and Venezuela leading the losers’ parade and Brazil not far behind. Russia and Western Europe are weak. All three economies of North America are looking pretty solid...
BlondieNews
More than 350 people attended the economic-outlook presentation, which was organized and hosted by the Doermer School of Business at IPFW, the Kelley School at IU and Greater Fort Wayne Inc...
BlondieNews
US DOLLAR TECHNICAL ANALYSIS Prices may be preparing for a pullback having put in a bearish Evening Star candlestick pattern below a five-year high. A daily close below the 14.6% Fibonacci retracement at 11434 exposes the 23.6% level at 11379...
BlondieNews
Resistance Support 0.7899 0.7809 0.7954...
BlondieNews
US DOLLAR TECHNICAL ANALYSIS Prices paused to consolidate after producing the largest daily rally in five weeks. Near-term resistance is at 11511, the 50% Fibonacci expansion, with a break above that on a daily closing basis exposing the 61.8% level at 11565...
BlondieNews
US DOLLAR TECHNICAL ANALYSIS Prices resumed their advance after a brief respite, putting in the largest daily advance in five weeks. Near-term resistance is at 11511, the 50% Fibonacci expansion, with a break above that on a daily closing basis exposing the 61.8% level at 11565...
BlondieNews
US DOLLAR TECHNICAL ANALYSIS Prices stalled to consolidate gains after establishing yet another five-year high ahead of the much-anticipated US Employment report. A daily close above the 38.2% Fibonacci expansionat 11457 exposes the 50% level at 11511...
BlondieNews
US stocks dropped after benchmark indexes closed at record highs, with energy shares dropping and the European Central Bank saying that it would wait until the next quarter before considering additional stimulus measures. According to Bloomberg: the Standard & Poor’s 500 dropped 0.3% to 2,068...
BlondieNews

10 Weekend Reads

7 December 2014, 09:11
Tech Stocks: Sizing Up the New Bubble (Barron’s) Inside Elon Musk’s $1...
BlondieNews
The US Marshals Service (USMS) received more than two dozen bids for 50,000 Bitcoin seized during the FBI’s raid on Silk Road wallets. Lynzey Donahue, a spokesperson of USMS, revealed that that government received 27 bids from a total of 11 bidders. The winning bids will be announced today...
BlondieNews
Josh McCleary, co-founder of SilverSaver.com, took some time to talk with us about how to diversify into physical gold and silver, and the benefits of doing so. Why should people choose gold or silver as opposed to other investment options...
BlondieNews
Recently, government officials from the Netherlands, Germany, and France have gained attention for expressing interest in repatriating their gold. What does this mean, and what consequences might it have for the precious metals market...
BlondieNews
As a major reversal pattern, the Head and Shoulders Bottom forms after a downtrend, and its completion marks a change in trend. The pattern contains three successive troughs with the middle trough (head) being the deepest and the two outside troughs (shoulders) being shallower...
BlondieNews
A Head and Shoulders reversal pattern forms after an uptrend, and its completion marks a trend reversal. The pattern contains three successive peaks with the middle peak (head) being the highest and the two outside peaks (shoulders) being low and roughly equal...
BlondieNews

VIDEO LESSON - Dow Theory

26 November 2014, 15:11
Most consider the father of technical analysis to be Charles Dow, the founder of Dow Jones and Company which publishes the Wall Street Journal. Around 1900 he wrote a series of papers which looked at the way prices of the Dow Jones Industrial Average and the Dow Jones Transportation Index moved...
BlondieNews
The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires by Michael W. Covel What happens when ordinary people are taught a system to make extraordinary money? Richard Dennis made a fortune on Wall Street by investing according to a few simple rules...
BlondieNews
The New Zealand Dollar may have resumed the down trend against its US namesake after prices violated the series of higher highs and higher lows set from early November. A daily close below the 14.6% Fibonacci expansion at 0.7802 exposes the 0.7682-96 area marked by the July 2013 bottom and the 23...
BlondieNews
Chinese e-commerce giant Alibaba Group has raised $8 billion in its first-ever bond offering, Bloomberg reported on Thursday evening. Alibaba received $57 billion in orders for the six-part bond offering, which will be used used to refinance the company’s existing credit facilities...
BlondieNews
After rallying from 320 to 453, the Bitcoin price retreated last week to the month’s low at 351, after breaking through a number of key supporting levels...
BlondieNews
A lesson on two of the most common mistakes that traders make when trading the stock, futures and forex markets. One of the most common mistakes is sticking in a trade where you know you are right in your analysis, but the market continues to move against you...