Posts made in November, 2019

Blade Runner Strategy

Posted By Darren Winters on Nov 29, 2019

The Blade Runner trading strategy is one of the most reliable techniques of spotting the best entry/exit points in a trade. What is the Blade Runner trading strategy? The name Blade Runner was coined by Ridley Scott’s sci-fi classic Blade Runner, a futuristic fictional movie of a world increasingly dominated by artificial intelligence. The name Blade Runner trading strategy was then adopted in Forex technical analysis. The strategy...

Earning recession

Posted By Darren Winters on Nov 25, 2019

The S&P 500, which tracks stocks of 500 large-cap companies, is officially in an earnings recession. Q3 earnings 2019 have declined -2.3% which marks the first time the index has reported three straight quarters of year-over-year earnings declines since Q4 2015 through Q2 2016, according to FactSet. An earnings recession is defined as two consecutive quarters of year-over-year declines  So the latest Q3 earnings 2019 has clocked...

Cheering on bad data

Posted By Darren Winters on Nov 18, 2019

Cheering on bad data because it will bring more central bank easing is again the market’s narrative. The Fed has reverted to more quantitative easing or QE4, but would rather refer to it as balance sheet expansion. Moreover, the Fed’s rate cut trio has convinced traders that central bank easing is yet again underwriting the risk-on trade. The Fed’s rate-setting committee, known as the FOMC committee cut rates a third...

US dollar topped

Posted By Darren Winters on Nov 11, 2019

Has the US dollar topped? Some would argue that the secular bull market in US dollars, which is soon approaching a decade, has peaked. October’s approximate 2% depreciation in the US dollar from its giddy six months high in late September has given confidence to those calling a US dollar top. The US dollar index (DXY), an index (or measure) of the value of the US dollar relative to a basket of foreign currencies, climbed a...

Emerging markets

Posted By Darren Winters on Nov 9, 2019

Have emerging markets hit the bottom which is typically a good time to buy? The MSCI Emerging Market Index chart illustrates a recovery story, despite the narrative of a slowing global economy and hence the need for the central banks around the world to implement accommodating monetary policy. Emerging markets bottomed out in mid-August crashing below its 980 floor and has since then made a steep recovery to above 1,040 near its...