End of week biases...

Given the current geo-political climate and the increased volatility we've seen in the global markets this week - including in commodities, currencies and fixed income on top of stocks - it's hard to imagine anyone wanting to go into the weekend heavy on either side in stocks, on the short side in crude oil or gold / silver or overly long of the risk currencies (euro, Aussie, Canadian dollars).  If the geo-political front heats up even more during the weekend, we could see crude up $1 or more, gold / silver up or down huge and the S&P futures up or down 30 more handles.  Traders - especially those in heavily levered markets - need to tread lightly and intelligently into the overnight / over-the-weekend periods these days.  Buyer / seller beware!

Posted to Peak Analytics' Direction F… on Sep 26, 2014 — 1:09 PM

Recent free content from Peak Analytics & Consulting

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
  • {[comment.author.username]} — Marketfy Staff — Maven — Member
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
Excellent advice these last turbulent months...
         
Wide stop loss and small at profit taking but that's their style.
See All Reviews →