Presidential Election Crisis & Crisis of Confidence The next big macroeconomic event to happen is the US Presidential Election, and that got me thinking, "what happened in previous elections?" The last two major crashes, the DOTCOM Crash 2000-2004 and the Financial Crisis 2007-2009, both occurred during a presidential election. The DOTCOM crash was underway...
The S&P500 reached our target-box in yellow and dropped like a stone. The impulsive sell-off confirms our primary scenario. Our next target now resides at 3262 points, bevor the bulls have a Chace to push back. We give the scenario in which the market stabilizes, in the range of 3262 - 3075 points, a probability of 38%. Should the S&P500 reach the blue target...
Despite the turbulent news regarding the upcoming presidential election and the uncertain economic recovery, the bullish scenario remains intact. The index has hit the 29k region and is still going strong. The 29k points was the first target from the last Dow Jones Update. Should the bulls break out of the yellow target box, above 29559 points, the path for a...
Breaking down through support, this is what kept me out of trading PFE to the long-side even though it looked bullish. With the elections coming up and democrats leading the polls, I'd stay away from pharma and insurers. Lean towards medical devices if you need healthcare exposure.
12 years of trending is faced today. that graphic kinda good looking too uptrend. maybe break that squeezing around @1.2 or 1.9 than a pullback again to down. In the United States presidential election comes soon at the door. Then Election after no matter who the president selected after EURUSD will figure out the create pattern to up.Just idea FX:EURUSD
Comparing 2 Republican and 2 Democratic presidents. How will Donald Trump's term end?
This week begins to give a first idea of the economic consequences of the epidemic (so far in the context of China). We are talking about the manufacturing PMI index for China, which fell to 35.7 in February (compared to 50 in January). The non-manufacturing index came out even worse, showing a value of 29.6 (the lowest in history). Recall that any value below...
The pioneers in medicine ($IBB Biotech) vs the pioneer in automobile, battery and automated driving ($TSLA, Tesla). Notice the wave of investor recognition of the future of biotech from 2011 to 2015 matches quite well to the wave of investor recognition of the future of energy storage and EV vehicles in the stock price of Tesla. Biotechs returned to the US...
We need a weekly closing ABOVE 11284 to signal some follow-through up to 11460 area. However, if Euro closes below 11197 , then it’s all over and we will see the dollar rise, not fall. Source: ArmstrongEconomics.com
A Clinton victory will be good for the dollar, but for all the wrong reasons. Hillary is bought and paid for so we will see her wage war against Syria/Russia on behalf of Saudi Arabia & Qatar. A Trump victory will be exactly the opposite and a move back to isolationist, which will be far more positive for the domestic economy and a 15% corporate tax rates would...
Presidential Election - Trump wins - MXN more sensitive than USD, Yen to pick up the risk-off shift: 1. Positioning for a trump win is much more interesting than a hilary win but nonetheless both should be profitable at some level. My number 1 position will be SHORT MXNJPY for a number of reasons 1) MXN has been very sensitive to the USD election given trade...
Presidential Election - Trump wins - MXN more sensitive than USD, Yen to pick up the risk-off shift: 1. Positioning for a trump win is much more interesting than a hilary win but nonetheless both should be profitable at some level. My number 1 position will be SHORT MXNJPY for a number of reasons 1) MXN has been very sensitive to the USD election given trade...