Click on the graphic or link below to check out the recording from the December 3, 2013 DTI Market Buzz radio show on Biz1190 in Atlanta (part of the Wall Street Business Network) during which DTI's Chuck Crow and Steve Thompson discussed how changes in currency...
To put it plainly, gold is in a down trend. Since the election, gold has decoupled itself from the equity markets and started moving its own way. Technically gold is weak, and could get weaker. Fundamentally, gold is strong, and could get stronger. This is a diverging...
The January barometer is a principle based in tape reading that I consider each year to plan my approach to the markets. The January barometer is the theory that the movement of the S&P 500 during the month of January sets the overall direction of the stock...
If you seasonally look at coffee over the past 25 years, coffee has a tendency to move higher from the middle of October through January as demand for coffee increases due to the cold winter months. Coffee is harvested at the beginning of summer and by August the...
We have all heard the term overbought, and occasionally you might hear the term oversold. The big question becomes what defines a market as either overbought or oversold. Looking at the recent history of the market, you may have heard the criticism of the 4th...
Market pops and drops are many times caused by either a scheduled or unscheduled news announcement. For scheduled news events the pop or drop typically comes because of a deviation from what was estimated. For example, if Non-Farm Payrolls are expected at + 150,000...
In the world of financial futures one market stands out. If you want to find out which one, try to follow the money. Futures markets are margined products. Which means, you can control them for a fraction of their true value. If we take a look at some of the...
Tom Busby, trading close to 30 years, has learned valuable trading lessons each time he has traded. He’s been through it all, from losing money, to gaining profits, to mastering the markets, authoring books and becoming one of the most nationally recognized trading...
Thanks to relatively recent technological breakthroughs, day traders are able to work when and where they choose. Cyberspace is the new trading arena and the financial markets are more accessible than ever. While the folks down the street are sleeping snugly in...
Most people who are in the markets these days consider themselves investors or long term traders. The irony is that most will get out of a position if it pays well in a short period of time. They watch their position from day to day until they think it is the right...