Chris Vecchio, Senior Currency Analyst at DailyFx.com joined me yesterday for a conversion focused on the US dollar. We discuss the major drivers, a lot from Europe, that could encourage the dollar to continue this strength.
Ed Moya, Chief Market Strategist at Oanda joins me today to share his thoughts on the strong earnings that were released today. This is helping drive the US market to within 1% of all time highs. We are also seeing the USD break higher and gold continue to drift.
Any Hecht is well known for his commodity commentary on Seeking Alpha and now has joined Avi Gilburt on his new site F.A.Trader. I chatting with Andy today about the range bound precious metals trade and where he sees an opportunity. We then move to oil and the fundamental drivers behind this rebound in price.
Allison Ostrander and I discuss the low volatility and low volume environment for the markets. Stuck at just below all time highs and slightly above support there is going to be a break in one direction but it might take some time.
David Scranton, CEO and Founder of Sound Income Strategies joins me to share his thoughts on the tough position the Fed is in. Trying to tinker in the bond markets and hoping the market stay supported is the Fed’s strategy right now. Just how long can it last?
Eddie Ghabour, Co-Owner of Key Advisors Group LLC and author of the new book The Common Sense Bull joins me to cover some of the main factors at play for the US markets. Eddie is still bullish on the markets but thinks the recent run has gone a little too far too fast. He also points out that the housing market is key to seeing how long the markets can extended the rally before a more major correction takes hold.
Allison Ostrander, Director of Risk tolerance at Simpler Trading joins me today to share her thoughts on the general health of the US markets. With all the negative headlines available it is understandable to be pessimistic on the markets. However the recent recovery from the Q4 drop has been strong and is now very close to all time highs. We also discuss a couple stocks that have caught Allison’s eye due to some nice chart patterns.
Trader Vic joins me today to share his thoughts on the Fed statement and corresponding market moves. Take note of the dates Trade Vic shares regarding blackout periods for share buybacks and key European dates.
Allison Ostrander, Director of Risk Tolerance at Simpler Trading joins me to share her thoughts on a few select stocks. We start with Boeing that has been in the news a lot recently due to the issues with the 747 Max 8 airplane. The stock has taken a hit but recently bounced right off resistance. W then move in to the tech sector which also has been moving higher since late last year. Microsoft is back to all time highs but the other high fliers are still a little ways off.
I came across Phil’s resource blog about a month ago and have been following along ever since. I appreciate how straight forward he is about his investments and why he is putting money into certain companies. I decided to bring him on to get a little more information on his background and what he is looking for in terms of companies. Please let me know if you have any questions or comments for Phil by emailing me at Fleck@kererport.com.