Tech Will Rebound - Window Dressing Is Over

One Option Trading Blog http://ift.tt/2sRCAT8 Posted 9:30 AM ET - Yesterday we saw another wave of selling and tech stocks closed on the low of the day. Settlement is T+3 and Q2 window dressing should be over. Before we see a decent bounce the market is likely to test the downside this morning. If the dip is brief and shallow we will grind higher the rest of the day – be ready to jump in. If the market takes longer to find support the bottoming process might take a couple of days. QQQ $138 is a major support level. The news is extremely light and the …

TriReduce hits $1 quadrillion in swaps compressions

Home http://ift.tt/2uiqVuk Demand has been high as banks seek to lower exposures

The Rooster Summer Reading Challenge: Week Four

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

by The Tournament of Books Staff

We’re at the end of our first month in the Rooster Summer Reading Challenge. Victor LaValle joins us to discuss the second half of The Night Ocean, and we decide which of our two novels from June heads to the end-of-summer final.

Global Seasonal Oil Stock Draw In Jeopardy

INO.com Traders Blog http://ift.tt/2tY2XVR OPEC has set as its goal to reduce global OECD oil inventories to their five-year average. In his opening address to the 172nd meeting of the OPEC conference, Saudi Arabia's Minister of Energy, Industry and Mineral Resources, Khalid A. Al-Falih, remarked, "The market is now well on its way toward rebalancing." After the meeting, Mr. […]

Fritschi joins Banca IMI in London

Home http://ift.tt/2tY9dxc Remo Fritschi previously worked at ADS Securities in the institutional sales team

Caxton launches multicurrency account for SMEs

Home http://ift.tt/2uhR0cZ The new service provides access to 34 currencies with a single IBAN number

How to Use the Commitment of Traders Report in Your Strategy

Vantage Point Trading http://ift.tt/2shcuu4

Learn to read this report, as it shows you where the big money is flowing. It can tip you off to major turning points (extremes) and can also tell you when a trend is sound. It can also reveal in what assets the next major trends could be developing.
By George Papazov
Many traders assume the stock market to be this single entity which is logical, rational and knows where it wants to go.
The…

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