Forex and Commodity Seasonality For December

Vantage Point Trading http://ift.tt/2nixkaz

Here are the historical tendencies for forex pairs and commodities in the month of December. Statistics include how often the prices rise or fall, and by how much, on average. Tickers mentioned: NZDUSD.   Also, check out the best-performing stocks in December.
Statistics are based on monthly opening and closings prices, and do no reflect overall volatility that occurs during the month. Commodity statistics are based on a continuous futures contract, which may differ from specific…

The post Forex and Commodity Seasonality For December appeared first on Vantage Point Trading.

11-30-2017 Trade of the Day

Trading Concepts, Inc. http://ift.tt/2BpqJwY

Dow Clears 24,000

MARKET SUMMARY

U.S. markets returned to record highs following some solid economic numbers and additional support on the Senate tax reform bill. The Dow reached an all-time high of 24,327 after zooming 1.4% while the S&P 500 tapped a lifetime peak of 2,657 after rising 0.8%. Both indexes extending their monthly winning streak to 8-straight.

The Russell 2000 made a record run to 1,551 before slipping into negative territory by a point ahead of the closing bell. The index held a 2-point gain, or 0.1%, but worth noting as the small-caps will likely lead the action on a tax vote possibly tonight or ahead of Friday’s market close. Meanwhile, the Nasdaq recovered half of its prior session losses after jumping 0.7% but failed the 6,900 level.

​

TRADE OF THE DAY

THE WINNING TRADER'S MINDSET - PART 2

ANALYST UPGRADES / DOWNGRADES 

Boston Scientific (BSX) upgraded to Buy from Neutral at BTIG
Canadian National (CNI) upgraded to Buy on valuation at TD Securities
HCA Healthcare (HCA) upgraded to Overweight from Neutral at JPMorgan

Dentsply Sirona (XRAY) downgraded to Neutral from Buy at H.C. Wainwright
Fibria Celulose (FBR) downgraded to Hold from Buy at Santander
Mizuho Financial (MFG) downgraded to Equal Weight from Overweight at Morgan Stanley

EARNINGS

Friday's scheduled earnings include:

American Woodmark (AMWD), Big Lots (BIG), Genesco (GCO)

UPCOMING ECONOMIC NEWS

Friday's economic reports (EST): 

PMI Manufacturing Index - 9:45am
ISM Manufacturing Index - 10:00am
Construction Spending - 10:00am
Baker-Hughes Rig Count - 1:00pm

METALS / OIL

Gold closed at $1,276.70 an ounce, down $9.50

Silver settled at $16.47 an ounce, down $0.09

Copper finished at $3.06 a pound, down $0.01

Crude Oil closed at $57.36 a barrel, up $0.06

ARTICLE OF THE DAY

What You Need to Know About Swing Trading

Trading has a few extremes you need to know....[read more]

Make it a great day!

Todd Mitchell

QUOTE OF THE DAY

Copyright © 1994-2017 Trading Concepts, Inc.

All Rights Reserved.

11-30-2017 Trade of the Day

Trading Concepts, Inc. http://ift.tt/2BpqJwY

Dow Clears 24,000

MARKET SUMMARY

U.S. markets returned to record highs following some solid economic numbers and additional support on the Senate tax reform bill. The Dow reached an all-time high of 24,327 after zooming 1.4% while the S&P 500 tapped a lifetime peak of 2,657 after rising 0.8%. Both indexes extending their monthly winning streak to 8-straight.

The Russell 2000 made a record run to 1,551 before slipping into negative territory by a point ahead of the closing bell. The index held a 2-point gain, or 0.1%, but worth noting as the small-caps will likely lead the action on a tax vote possibly tonight or ahead of Friday’s market close. Meanwhile, the Nasdaq recovered half of its prior session losses after jumping 0.7% but failed the 6,900 level.

​

TRADE OF THE DAY

THE WINNING TRADER'S MINDSET - PART 2

ANALYST UPGRADES / DOWNGRADES 

Boston Scientific (BSX) upgraded to Buy from Neutral at BTIG
Canadian National (CNI) upgraded to Buy on valuation at TD Securities
HCA Healthcare (HCA) upgraded to Overweight from Neutral at JPMorgan

Dentsply Sirona (XRAY) downgraded to Neutral from Buy at H.C. Wainwright
Fibria Celulose (FBR) downgraded to Hold from Buy at Santander
Mizuho Financial (MFG) downgraded to Equal Weight from Overweight at Morgan Stanley

EARNINGS

Friday's scheduled earnings include:

American Woodmark (AMWD), Big Lots (BIG), Genesco (GCO)

UPCOMING ECONOMIC NEWS

Friday's economic reports (EST): 

PMI Manufacturing Index - 9:45am
ISM Manufacturing Index - 10:00am
Construction Spending - 10:00am
Baker-Hughes Rig Count - 1:00pm

METALS / OIL

Gold closed at $1,276.70 an ounce, down $9.50

Silver settled at $16.47 an ounce, down $0.09

Copper finished at $3.06 a pound, down $0.01

Crude Oil closed at $57.36 a barrel, up $0.06

ARTICLE OF THE DAY

What You Need to Know About Swing Trading

Trading has a few extremes you need to know....[read more]

Make it a great day!

Todd Mitchell

QUOTE OF THE DAY

Copyright © 1994-2017 Trading Concepts, Inc.

All Rights Reserved.

Top Performing Stocks in December (Seasonality)

Vantage Point Trading http://ift.tt/2kapjDd

December is a good month for stocks overall, and these stocks tend to do even better than the market, rising at least 80% of the time and producing as much as 9.5% gains during the month. Stocks mentioned: AET, CB, CTB, ESRX, EXC, GNTX, MTG, ORI, PEG, SO, SYK, UL, UNH, UTX and WEN.

Seasonality is the study of how assets perform at certain times of the year. The stocks below have shown a strong…

The post Top Performing Stocks in December (Seasonality) appeared first on Vantage Point Trading.

Something you may not know: Edvard Munch, painter of "The Scream," really enjoyed taking selfies.

Gold Stocks Are Under Pressure Except For One

INO.com Traders Blog http://ift.tt/2jAC2v8

Gold is under pressure after it couldn’t break above the previous major top and the gold stocks couldn’t escape the same fate. Last time I filtered the gold stocks by ROE and in this piece, I would like to make an update on their price performance for you. To remind you, the top stock tickers […]

The post Gold Stocks Are Under Pressure Except For One appeared first on INO.com Traders Blog.

In the last two weeks, Wisconsin sold 10 hunting licenses to infants, 52 to children under the age of five.

A fun profile of Miaela Shiffrin, the prodigal slalom skier you’ve never heard, who’s shooting for Olympic gold.

The Morning News http://ift.tt/2zPobv7

She took on the meat of the course with calm determination, to the extent that calmness can be attributed to a woman punching aside heavy, rubbery poles at a rate of more than one a second, while pogoing from side to side in flat light down a wall of rutted ice.

↩︎ The New Yorker

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The White House whispers that it has a Kelly-designed plan to oust Tillerson, possibly to tell Rex it's time to go.

Binny repalces Crownover as SSGA FX head

Home http://ift.tt/2nhwmv8 Collin Crownover has been appointed global head of FICC multi-sector solutions, heading a newly-created team at the investment manager

Citi raises $6.25 million through 'E for Education' campaign

Home http://ift.tt/2nm5471 The bank’s FX and local markets business raises more than $22.5m since the campaign's launch in 2013

Lucera hires Van Zegveld to lead European growth

Home http://ift.tt/2zRtefh Frank Van Zegveld was previously the head of sales and business development at Solid Trading

TCA isn't a box-ticking exercise, panellists say

Home http://ift.tt/2is6LxW Mifid II has brought workflow and analytics to the forefront, delegates hear at FX Week Europe

Thursday Headlines: Proditomania.

The Morning News http://ift.tt/2itU7ym

Forex Courses and Videos for Beginners

Vantage Point Trading http://ift.tt/2Aom1Tv

These reputable forex courses and videos cover forex basics, strategies, risk management, as well as advanced trading tactics. 
Forex can be a confusing market. For most beginner forex traders the extent of their foreign exchange experience is swapping one currency for another at the bank before going on a trip. We grow up hearing about the stock market, but most us don’t hear much about the currency market, even though it is by far the…

The post Forex Courses and Videos for Beginners appeared first on Vantage Point Trading.

Going Rogue

INO.com Traders Blog http://ift.tt/2ngUkGX

A couple of months ago I wrote about the incredible arrogance and chutzpah of the now-former director of the Consumer Financial Protection Bureau, Richard Cordray. “In a country loaded with way too many arrogant politicians and government officials who think they are above the law and normal standards of decency, Cordray has set the bar […]

The post Going Rogue appeared first on INO.com Traders Blog.

Tax Cuts Likely - Clear Sailing Until Dec 12th - Stay Long

One Option Trading Blog http://ift.tt/2AqwuO9 Posted 9:50 AM ET - Yesterday we saw a rotation out of tech and into financials. As nasty as the action appeared, the S&P 500 was unchanged. It appears that the Senate will pass the tax bill tonight or tomorrow. The market will rally on the news. Once the tax bill is passed the focus will shift to the budget. Lawmakers will push the deadline back to January and it will coincide with debt ceiling negotiations. This process could get ugly especially if Republicans lose a Senate seat on December 12th (Alabama). If this happens Republicans will only have a one …

Tax Cuts Likely - Clear Sailing Until Dec 12th - Stay Long

One Option Trading Blog http://ift.tt/2AqwuO9 Posted 9:50 AM ET - Yesterday we saw a rotation out of tech and into financials. As nasty as the action appeared, the S&P 500 was unchanged. It appears that the Senate will pass the tax bill tonight or tomorrow. The market will rally on the news. Once the tax bill is passed the focus will shift to the budget. Lawmakers will push the deadline back to January and it will coincide with debt ceiling negotiations. This process could get ugly especially if Republicans lose a Senate seat on December 12th (Alabama). If this happens Republicans will only have a one …

Lemons into lemonade, with hard hat.

The Morning News http://ift.tt/2zCGMXU

In The Monolith we see how New York painter Gwyneth Leech turns the construction blocking her studio's view into art itself.

View Post →

An Indian writer, rejected endlessly by publications, changed his name to "Regret." He doesn't regret it.

Until men see women as human beings rather than “ego salves and receptacles,” the floodgates are open.

The Morning News http://ift.tt/2AmPfC7

Pundits have been quick to pronounce that men such as Weiner aren’t sex addicts; they make choices. But neither analysis seems entirely adequate. The question I find myself wanting to ask is: What happened to these men?

↩︎ The New York Review of Books

View Post →

"DARVO" (deny, attack, reverse victim and offender) is how Trump and other sexual harassers/assaulters slide by.

Here's a Japanese home built around a climbable bookshelf.

Net neutrality needs to be fought upstream—by increasing people’s choice of ISPs or offering it publicly.

The Morning News http://ift.tt/2iaZrXm

In 2005, the company Telus, which is the second largest telecommunications company in Canada, began blocking access to a server that hosted a website that supported a labor strike against Telus.

↩︎ Jacobin

View Post →

Finn joins Citi as global co-head of FX options

Home http://ift.tt/2AskxHG Rob Finn will share the position with Nathan Venkat Swami

11-29-2017 Trade of the Day

Trading Concepts, Inc. http://ift.tt/2neOl5j

Sector Rotation Hits Tech

MARKET SUMMARY

U.S. markets pushed new record highs on Wednesday’s open with selling pressure and sector rotation hitting shortly afterwards. The mixed finish was slightly bearish with the Nasdaq tumbling 1.3% while holding shaky support at the 6,800 level. The S&P 500 traded to an all-time peak just south of 2,635 before slipping a point, or 0.04%, while easily holding the 2,600 level on the pullback.

The Dow was up 0.4% after kissing a lifetime peak of 23,959 while holding positive territory throughout the session. The Russell 2000 followed suit after tapping a record high of 1,547 and also gaining 0.4%.

TRADE OF THE DAY

THE WINNING TRADER'S MINDSET - PART 1

ANALYST UPGRADES / DOWNGRADES 

Domino's Pizza (DPZ) upgraded to Buy from Neutral at Nomura Instinet
Steven Madden (SHOO) upgraded to Buy from Neutral at Buckingham
Zoetis (ZTS) upgraded to Overweight from Equal Weight at Morgan Stanley

Chipotle (CMG) downgraded to Market Perform from Outperform at William Blair
MAA (MAA) downgraded to Market Perform from Outperform at Raymond James
Qualcomm (QCOM) downgraded to Hold at Stifel

EARNINGS

Thursday's scheduled earnings include:

At Home Group (HOME), Box (BOX), Descartes Systems Group (DSGX), Jack in the Box (JACK), La-Z-Boy (LZB), New York & Company (NWY), PVH (PVH), Semtech (SMTC), Tilly’s (TLYS), Workday (WDAY)

UPCOMING ECONOMIC NEWS

Thursday's economic reports (EST): 

Jobless Claims - 8:30am
Personal Income and Outlays - 8:30am
Chicago PMI - 9:45am
Bloomberg Consumer Comfort Index - 9:45am

METALS / OIL

Gold closed at $1,286.20 an ounce, down $13.00

Silver settled at $16.56 an ounce, down $0.36

Copper finished at $3.07 a pound, down $0.03

Crude Oil closed at $57.39 a barrel, down $0.60

ARTICLE OF THE DAY

What is a System Health Monitor?

In spite of today's big sell-off in the tech sector, I thought it would make sense to discuss what a 'system health monitor' is...[read more]

Make it a great day!

Todd Mitchell

QUOTE OF THE DAY

Copyright © 1994-2017 Trading Concepts, Inc.

All Rights Reserved.

11-29-2017 Trade of the Day

Trading Concepts, Inc. http://ift.tt/2neOl5j

Sector Rotation Hits Tech

MARKET SUMMARY

U.S. markets pushed new record highs on Wednesday’s open with selling pressure and sector rotation hitting shortly afterwards. The mixed finish was slightly bearish with the Nasdaq tumbling 1.3% while holding shaky support at the 6,800 level. The S&P 500 traded to an all-time peak just south of 2,635 before slipping a point, or 0.04%, while easily holding the 2,600 level on the pullback.

The Dow was up 0.4% after kissing a lifetime peak of 23,959 while holding positive territory throughout the session. The Russell 2000 followed suit after tapping a record high of 1,547 and also gaining 0.4%.

TRADE OF THE DAY

THE WINNING TRADER'S MINDSET - PART 1

ANALYST UPGRADES / DOWNGRADES 

Domino's Pizza (DPZ) upgraded to Buy from Neutral at Nomura Instinet
Steven Madden (SHOO) upgraded to Buy from Neutral at Buckingham
Zoetis (ZTS) upgraded to Overweight from Equal Weight at Morgan Stanley

Chipotle (CMG) downgraded to Market Perform from Outperform at William Blair
MAA (MAA) downgraded to Market Perform from Outperform at Raymond James
Qualcomm (QCOM) downgraded to Hold at Stifel

EARNINGS

Thursday's scheduled earnings include:

At Home Group (HOME), Box (BOX), Descartes Systems Group (DSGX), Jack in the Box (JACK), La-Z-Boy (LZB), New York & Company (NWY), PVH (PVH), Semtech (SMTC), Tilly’s (TLYS), Workday (WDAY)

UPCOMING ECONOMIC NEWS

Thursday's economic reports (EST): 

Jobless Claims - 8:30am
Personal Income and Outlays - 8:30am
Chicago PMI - 9:45am
Bloomberg Consumer Comfort Index - 9:45am

METALS / OIL

Gold closed at $1,286.20 an ounce, down $13.00

Silver settled at $16.56 an ounce, down $0.36

Copper finished at $3.07 a pound, down $0.03

Crude Oil closed at $57.39 a barrel, down $0.60

ARTICLE OF THE DAY

What is a System Health Monitor?

In spite of today's big sell-off in the tech sector, I thought it would make sense to discuss what a 'system health monitor' is...[read more]

Make it a great day!

Todd Mitchell

QUOTE OF THE DAY

Copyright © 1994-2017 Trading Concepts, Inc.

All Rights Reserved.