Resource Investor

The dollar’s choppiness has been a dominant theme for several weeks now, but as we come to the business end of this week, it could finally make a more decisive move in one or the other direction. The indecisiveness is a reflection of a tired bullish trend: market participants have been piling in on the […]

Despite keeping a more Neutralized Bullish Bias yesterday, we gave the spot to buy in both the ES (2803.25-2806) and NQ (7175-7200). To recap, the market incurred profit taking on Friday as there was little to no value at elevated levels ahead of the weekend and a pivotal week. That selling lasted through Monday. …read

It’s become gospel that technology is the most important sector of the U.S. stock market; after all, tech stocks have the largest weighting in the S&P 500 (~26%), and the sector outperformed all others over the last year (+26%). …read more From:: Resource Investor

Contradicting reports surrounding the state of the U.S.-China trade relations are likely to create a sense of confusion across all markets, while also possibly desensitizing investors towards global trade developments. …read more From:: Resource Investor

Crude oil prices are back under pressure as there are reports that the United States is looking to more than double tariffs on China, as well as a shockingly bearish weekly inventory report from the American Petroleum Institute (API). Out of nowhere, the API reported a 5.590 million barrel build, confounding experts and expectations as

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Tuesday, July 31, 2018. …read more From:: Resource Investor

A daily summary of high-profile members of several complexes. …read more From:: Resource Investor

Dollar bulls were absent during Tuesday’s trading session as investors remained on the sidelines ahead of the Federal Reserve’s two-day monetary policy meeting. Markets could offer a muted response to the meeting, especially when considering how there will be no updated economic projections or post-announcement press conference by Federal Reserve Chairman Jerome Powell. …read more

The euro was again the strongest currency among the majors this morning, rising most notably against the yen after the Bank of Japan delivered what turned out to be a rather dovish policy statement. The single currency has found support on the back of Eurozone data, which showed headline consumer price inflation rose in July

The market has dived head first into a critical stretch. On this last day of the month, the Federal Reserve begins a two-day policy meeting and their preferred inflation indicator, the Core PCE Index, is due at 7:30 a.m. Central. Still, Apple’s earnings report after the bell is arguably the highlight of the day …read