Feb
3

Forex Graduate Call Notes 2-3-15: Open Forum

As we track the market, one of the things that we can consider about the US Dollar, is the price of oil. Take a look at the chart below to see the correlation between oil and the dollar. The first chart is of US Oil Futures. Notice the drop in oil. After reaching a high for the year, in June of last year, prices have continually dropped. The last few days have shown a considerable increase in oil.   Now take a look at the US dollar index, equally weighted […]

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Jan
29

Protected: Stock Graduate Call 1-29-15: Open Forum

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Jan
29

Stock Graduate Call Notes 1-29-15: Open Forum

Market in a Range The S&P 500 climbed almost 1% today to close at 2021.25 which was up 19.09. This occurred after an initial drop in the market before recovering in the last half of the day. We can see from the chart below that the market has been trading in a range for the month of January. Today it tested the support around 2000 for the third time. The S&P touched around 2075 two separate times as a resistance. Right now, we are looking at a potential triple bottom […]

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Jan
27

Protected: Forex Graduate Call 1-27-15: Developing Routine

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