Last Week’s Picks*:
Last Week’s Picks*:
If you watch a lot of CNBC or read a fair amount of financial news you will no doubt have heard of the VIX Volatility Index, also known as the ‘fear index’.
The VIX is actually the ticker symbol for the CBOE (Chicago Board Options Exchange) Market Volatility Index future and it represents the expectation of stock market volatility over the next 30 days using S&P 500 options.
We have been a fair while now without a correction, however, markets broke to new highs on Friday which has to be seen as bullish.
Friday’s momentum should carry through to the open on Monday, in what should be a relatively quiet session, judging from the sparse economic calendar. Those fighting the breakout could cause some volatility for trend traders as the week goes on. Read more »
I never recommend trading off tips. It doesn’t matter whether it’s your next door neighbour or Warren Buffett, if someone tells you to buy a stock you should always do your homework first before you put any of your own money on the line. Read more »
Recently, I have been doing more research into portfolio trading strategies, particularly those that are based on financial ratios such as PE ratios.
I seem to like these strategies because they appear to be robust, possibly more so than purely technical trading systems. They appeal more strongly to my logical side, the part of my brain which says you should never buy anything unless you know you are getting a good deal. Read more »
It’s been another busy week for traders who have had to deal with economic data, Federal Reserve comments, Greek election concerns and US earnings.
USDX is the US Dollar index that is used as an indicator by traders who wish to deal in gold currencies, futures, commodities and bonds. It’s one of several indicators which help Forex traders to assess the relative strength or weakness of the US dollar against another currency. Read more »