Apple stock split: A reflection of the current rally
Apple announced its Q2 results and a four-for-one stock split. The split is possible because the price has risen so much over the last six years. This is not the…
Nasdaq: Rally falters as earnings season unfolds; What’s next?
US stocks continue to pull back from recent highs. On Tuesday, all three main Wall Street indexes closed into the red as investors digest corporate earnings results and await stimulus…
July FOMC Meeting: Laying the ground for September
The Federal Open Market Committee (FOMC) is expected to leave monetary policy unchanged at its July meeting, although some analysts are anticipating the Fed will move to more dovish rhetoric,…
Will Bitcoin keep rising? Technicals point to further gains but…
While the US dollar was falling across the board, Bitcoin kept rising, accelerating the rally on Friday. It had the biggest weekly gain since early May (more than 7%). BTC/USD…
Gold keeps rising and rising: is time for a surprise?
Gold rose a hundred dollars in the week. How much fuel does the rally have? When everybody sees prices moving in one direction, odds of a surprise increase On Thursday,…
Europe at extremes: From Brexit to the Next Generation EU
The European project is having a year to remember at both extremes regarding integration. One of its members left the block and months later, the remaining 27 members agreed to…
Bloody Tuesday for USD, the sell-off might not be over yet
After many days of range-bound trading, many forex crosses made breakouts against the US dollar; a similar situation applies to gold and crude oil. If current levels are sustained, the…
Support and resistance – The art of prices and levels
The concepts of support and resistance are probably the most popular and the most basic techniques that technical analysis offers. Despite their simplicity, they are very powerful tools. Their concept…
Moving Average Convergence Divergence – MACD Technical Indicator
The Moving Average Convergence Divergence (MACD) is an indicator that consists of a histogram and a line. The line is the difference between two exponential moving averages, while the histogram…
Trendlines as technical indicators
A trendline is a line that connects two or more points (prices) in a chart. If it connects two or more higher lows, it is an uptrend line; if it…
