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FX next week and Gold - Vimarsana News

FX next week and Gold

XAU/USD as Gold correlates to EUR/USD and its impossible not to correlate positively because Europe and EUR are classified as Gold nations derived fro

Stock Market On the Verge of a Pullback :: The Market Oracle :: - Vimarsana News

Stock Market On the Verge of a Pullback :: The Market Oracle ::

S&P 500 is still consolidating Monday‘s sharp gains, showered with liquidity. Yet it seems that eking out further gains is getting harder as the price action took the index quite far from its key moving averages. If I had to pick one sign of stiffer headwinds ahead, it would be the tech sector‘s reaction to another daily retreat in Treasury yields – the sector didn‘t rally, and neither did the Dow Jones Industrial Average. Value stocks saved the day, and it appears we‘re about to see them start doing better again, relatively speaking. Yes, the risk-reward ratio for the bul...