trendspider facebook

Tag: charts

What’s the Relationship Between Oil and the Dollar?

Most traders have noticed the inverse relationship between the dollar and commodity prices—include crude oil. While this isn’t surprising for commodities priced in dollars, the inverse relationship also holds true for commodities priced in other currencies. Commodity traders should keep these relationships in mind when trading futures contracts, particularly when the dollar index experiences significant movements due to interest rate decisions or other factors.

Let’s take a closer look at the relationship between crude oil and the dollar and what it means for traders.

Sunday Update Week of January 21st – The Markets Hit The Weekly SMA (20) “Wall”

A prepared trader is a generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action.  In this weekend’s analysis, we take a look at the broad markets after continued moves to the upside, with SPY, QQQ, and XBI all closing at or near the longer-term 20-week simple moving average resistance. As the market has not been phased by the government shutdown, the weekly SMA (20) is the only “wall” the market needs to pay attention to.

How Do Government Shutdowns Impact the Stock Market? – TrendSpider Blog

Government shutdowns have a significant impact on federal employees, government contractors, and many companies relying on government services. Most shutdowns are resolved within a few days and there’s little impact, but in some cases, shutdowns have lasted more than two weeks. These longer stalemates have become increasingly common since the 1990s with shutdowns during Clinton, Obama, and Trump’s administrations.

Let’s take a look at the impact of government shutdowns on businesses and how the three longest shutdowns have affected stock market returns.

Sunday Update Week of January 7th – A Volatile Start to 2019

A prepared trader is a generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action.  In this weekend’s analysis, we take a look at the broad markets after the first moves into 2019. After a rather sluggish start, Friday proved that there are some bulls still left in the equation. Will the bullish momentum continue into the rest of the month of January? Check out the charts in this blog to see how they look!