Market Review, July 31, 2015

Wall Street stock exchanges closed yesterday with stability, after publication of economic figures regarding the unemployment claims and data growth which reinforced expectations that the Federal Reserve will raise the rate as early as its next meeting in September.
US economy grew in the second quarter by 2.3% versus expectations of 2.8% growth.
The weekly jobless claims rose to 267 thousand initial claims compared to 255 thousand in the previous week, while economists forecasts was to 275 thousand.
On a daily summary the NASDAQ closed up by 0.3%, the S&P 500 closed unchanged after the course of trade has been falling by 0.6%, the Dow Jones closed almost unchanged.
Facebook shares fell yesterday by 3% due to a jump of 82% of the company expenses.
The European stock markets ended yesterday with increases for the third consecutive day, after consumer confidence and executives in the Euro zone’s unexpectedly climbed to a four-year peak
On a daily summary the London and Paris stock exchanges rose by 0.6%, Frankfurt climbed by 0.4%.
The price of the Gold went down yesterday by 0.3%, ended the day at a price level of
1,089.7 dollar an ounce, the price of the Oil also went down yesterday, by 0.6% and in the end of the day he ended at a price level of 48.52 dollar a barrel.

Trading Opportunity
INTEL

On a daily time frame, the price of the share is on a downtrend.
This trend supported with by a diagonal resistance line, and yesterday the price of the share dropped by 0.34% as the trading volume continued to be high.
The averages of the RSI and stochastic are face down and our tendency is to look for the continued of decline.

intel d 31.7.15

The entry of a PUT trade will be at the start of the US trading day, between the levels of 28.91 – 28.85.
The expiry will be July 31 at 20:00.

Market Review, July 30, 2015

Yesterday, the Wall Street stock markets closed on a positive trend for the second day in a row after the Fed estimated that the US economy recovery continues but refrained from raising the interest rates.
Summing up the day, the Dow Jones closed up 0.7%, the NASDAQ climbed 0.4%, the S&P 500 rose by 0.7%.
Twitter shares yesterday plunged by 14.5% after the social network reported after the close of trading on Wall Street, about a moderate increase than expected regarding the number of users.
Following this, the share value has been cut by 3.5 billion dollars to 21 billion dollars.
The price of the Oil recorded the second biggest daily starting this month, after the US Department of Energy reported of a sharper than expected fall in the US crude inventories last week.
The price of Oil closed at a price level of 48.79 dollars a barrel after rising by 1.7%.
The European stock markets yesterday continued to rise against the background of positive financial reports of companies on the continent.
Summing up the day, the London Stock Exchange closed up 1.2%, Frankfurt climbed by 0.3% and 0.8% in Paris added.

Trading Opportunity
FACEBOOK

On a daily chart we can see that the share is on a rising trend.
During the last few days, there was a downward technical correction to the last wave of gain, but yesterday we had a strong bullish candle, the share went up by 1.78%, ended the day at the price level of 96.99 and the trading volume were high.

facebook d 30.7.15

Our tendency is to look for a CALL option trade.
The entry will be today, at the start of the US trading day, between the levels of 96.99 – 97.15.
The expiry time will be to the end of today, July 30 at 20:00 and another possibility is to July 31 at 17:10.

Market Review, July 29, 2015

The trading on Wall Street stock exchanges closed yesterday with gains of 1% , after economic data pointed of a sharp and unexpected drop in the consumer confidence, a fact that may lead to delay raising interest rates, which the investors are afraid of it.
The consumer confidence fell unexpectedly in July to its lowest level for 10 months.
The index plunged by 10% to 90.9 points, compared to 99.8 points in June.
Summing up the day, the Dow Jones rose 1.1%, the S&P 500 rose by 1.2%, the NASDAQ Composite Index climbed 1%.
The Federal Reserve is expected to publish today the rate decision for August.
The chairman Janet Yellen is expected to repeat the message that interest rates will start to rise until the end of the year.
The European markets close yesterday with a rise of more than 1% after sharp declines on Tuesday, following the falling stock markets in China.
London increased by 0.8%, Frankfurt climbed by 1%; Paris grew by 1% as well.

Trading Opportunity
MCDONALD’S

The share is on a rising trend as we can see on the daily chart.
Also, the price is supported by a rising diagonal line.
On Monday this line held the price from a fall down, and yesterday the price went up by 1.34% and a bullish engulfing pattern was created.
The average of the RSI indicator crossed up his 50 line and the averages of the stochastic with a face up as well.

mcdonalds d 29.7.15

Our tendency is to enter with a CALL option trade.
The entry will be at the start of the US trading day, between the levels of 97.33 – 97.42.
The expiry time will be July 29 at 20:00.

Market Review, July 28, 2015

The trading on the stock exchanges of Wall Street ended yesterday with further price declines, and this is the longest sequence of declines since January.
The declines came in response to the Shanghai Stock Exchange, which recorded the sharpest daily fall since February 2007, which increased the fears of a deepening slowdown in the growth of China’s economy.
On a daily summary, the Dow Jones fell by 0.7% and closed at his lowest level since February, the S&P 500 fell by 0.6% and the NASDAQ fell by 1%.

The European stock markets also closed down by sharp declines in light of fears over a slowdown in economic growth in China.
On a daily summary, London Stock Exchange fell by 1.1%, Frankfurt and Paris fell by 2.6%.

The US dollar retreated from a high of four months versus the major currencies in the world after completing the sequence of the longest weekly gains this year, following a decline in global equity markets and commodity prices which increased the fears regarding a slowdown in the growth of the world economy.
The latest news came as the Fed in the US considering to start raising interest rates in the United States.

The Crude Oil fell yesterday for the eighth time in nine trading days, amid fears that a slowdown in the growth of China’s economy will decrease demand, and following an increase in Oil exports from Iraq.
On a daily summary,the price of crude Oil fell by 1.6% and closed at the level of 47.4 dollars per barrel.

The price of the Gold recorded yesterday the sharpest daily gain this month as investors sought protection and reassurance in light of the declines in stock markets in the US and Europe and after the sharpest daily fall in eight years in the stock market of China.
On a daily summary,the price of Gold rose 1% and closed at the level of 1096.4 dollars per ounce.

Trading Opportunity
TWITTER

For the last six weeks there is a treading of the price of the share around a support level of 34.50 as we can see on a weekly chart.
Against it, there is a bullish divergence at the histogram of the MACD indicator.
Also, the average of the RSI indicator made a move face up from an oversold area.

twitter w 28.7.15

Our tendency is to enter with a CALL option trade.
The entry will be at the start of the US trading day, between the levels of 34.50 – 34.70.
The expiry will be to the end of the week, July 31 at 17:10.

Market Review, July 27, 2015

So far the financial seasons reports are better than the early expectations, as analysts are already talking about a drop of only 5.3% in profits for the second quarter, compared with a forecast decline of 6.4%.
Among others, last week Amazon smashed the early expectations after the company announced about a profit of 92 million dollars in the second quarter.

According to the Fed staff forecasts, the central rate will rise by the end of the year to a level of 0.35%, compared with term interest rates which currently stands at 0% -0.25%.

Last week the trading on Wall Street stock exchanges ended with further price declines following the concerns of a global slowdown.
The Dow Jones fell the sharpest weekly fall since January with a decline of 2.9%.
The NASDAQ Composite fell last week by 2.3%, the worst week since March.
The S&P 500 fell by 2.2% and it was the fourth negative trading week of the past five weeks.

The price of Gold closed on Friday at his lowest level for almost five and a half years, at 1085.5 dollars per ounce, after expectations that the Federal Reserve will soon begin to raise the interest rates in the US, this pushed the price of Gold for the fifth consecutive week of declines.

The Crude Oil prices continued to fall last week and now the Oil is under a Bears Market Trend definition, definition received after a fall of 20% from the peak last.
Last weak the manufacturing data in China increased fears of a slowdown in demand for the world’s biggest Oil consumer, and in view of expectations that the excess supply in world Oil markets will continue.
On a weekly summary,the price of the Oil fell by 5.4% to a price level of 48.14 dollars per barrel.

Trading Opportunity
AUD/NZD

On a weekly chart we can see that the pair was treading between the levels of 1.1300 – 1.1070.
Against this treading, a bearish divergence was created at the histogram of the MACD indicator.
Last week we had a strong bearish candle that ended the week at a price level of 1.1073, also, the averages of the RSI and Stochastic indicators are face down.

aud.nzd w 27.7.15

Our tendency is to look for a PUT option trade.
The entry will be from the levels of 1.1100 – 1.1070, the expiry will be for July 31 at 07:10.

Market Review, July 24, 2015

The trading on the stock exchanges of Wall Street ended yesterday with price declines for the third day in a row.
The Index S&P 500 fell by 0.6%, the Dow Jones closed down by 0.6% and the NASDAQ dropped 0.5%.
The WTI Oil went down by 1.5% yesterday, closing at a price level of 48.5 dollars per barrel – a record low of nearly four months.
For the past six weeks the Oil has lost 21% and came to define of “bear market”.
The decline of the Gold, the longest daily decline since 1996, interrupted yesterday when the price rose by 0.2% and closed at the level of 1094.1 dollars per ounce, a recovered from a low of more than five years.
Greek Prime Minister Alexis Tsipras transferred yesterday the second set of economic reforms in order to start negotiations to obtain financial bailout from the EU and IMF.
Trading Opportunity
FACEBOOK
The share is on a rising trend, and after another impressive wave of increases, the share price performs a downward technical correction, when buyers are takes some of their profits.
The averages of the indicators of RSI and stochastic are face down, and the price of the share entered into the Bollinger bands.
The nearest support area is around the price level of 91.00.
facebook d 24.7.15
Our tendency is to enter with PUT option trade.
The entry will be at the start of the US trading day, between the levels of 95.44 – 95.00 and the expiry will be to the end of the trading day, July 24 at 20:00.

Market Review, July 23, 2015

The trading day on Wall Street closed yesterday with price declines.
The declines came due to disappointing results for the second quarter from the financial technology companies.
The main disappointing was Apple with a sharp drop in sales of the company, and Microsoft reported its biggest-ever quarterly loss.

The price of Gold fell yesterday, the tenth day in a row, it’s a long sequence of daily declines since 1996, after the analysts of Goldman Sachs predicted that Gold prices will continue to fall below the level of 1,000 dollars an ounce.
The Crude Oil prices continued to fall and they on the verge of “bear market” which usually are determined after falling by 20% from the last peak.
One of the reasons for the Oil declines is the expectations that the removal of the sanctions against Iran will increase the excess supply in world oil markets.

The trading on the European stock exchanges ended yesterday with a price declines for the second day in a row.
London Stock Exchange closed down by 1.5%, Frankfurt retreated 0.7% and Paris fell by 0.5%.
The Greek Parliament passed the legislation necessary to continue negotiations on the bailout package.

Trading Opportunity
JP MORGAN

The main trend of the share is a rising trend and yesterday the share went up above a resistance area, around the level of 69.63, and at the end of the day the share went up by 1.40%, ended at a price level of 70.08.
With the increase of the price yesterday, the trading volume were high.

jpm d 23.7.15

Our tendency is to look for another day of gains, the entry will be at the start of the US trading day, between the levels of 70.10 – 70.30.
The expiry time will be July 23 at 20:00.

Market Review, July 22, 2015

The trading on the stock exchanges of Wall Street ended yesterday with price declines, the Dow Jones fell by 1%, the NASDAQ fell by 0.2%, and the S&P 500 fell by 0.4%.

IBM shares fell yesterday by 5.8% in the wake of disappointing reports published by the company yesterday regarding the second quarter results.
Apple shares fell 1.1%, before publishing its second quarter,and after the close of trading the share price fell by 6.8% following a disappointing sales forecast and after the company decided not to disclose sales figures of Apple Watch.
Microsoft reported after the trading yesterday about a quarterly loss of 3.2 billion dollars, this is the largest quarterly loss in the history of the company and the company’s stock fell by 3% after the close of trading.

Price declines were recorded yesterday on the stock exchanges of Europe, the German DAX fell by 1.1%, the French CAC dropped by 0.7% and the English FTSE fell by 0.3%.
Today the Greek parliament will vote on a second package of austerity measures that required by her international creditors as a condition for opening negotiations on a new rescue plan.

Trading Opportunity
EUR/GBP

On a daily chart we can see that last week the pair broke down a support area, around the level of 0.7060.
Since the start of the week, there is a technical correction face up, as the pair trying to re-test thus level once again, as this level should act as a resistance level now.

EUR.GBP D 22.7.15

Our tendency is to enter with PUT option trade, the entry will be between the levels of 0.7060 – 0.7030.
The expiry will be to the end of the month, July 31 at 17:10.

Market Review, July 21, 2015.

The trading on Wall Street exchanges closed yesterday with gains as the NASDAQ climbed to a new peak, the third consecutive peak, after the index added 0.2%, as last week he went up by 4.3%.
The S&P 500 added 0.1% and closed within a reach of his record high which was set in May, the Dow Jones index also climbed by 0.1%.

The second quarter earnings season is in full swing this week, when more than a third of the Dow Jones companies will publish their financial statements.
Today it is the turn of APPLE and MICROSOFT.
Tomorrow among others it will be the turn of COCA COLA and AMERICAN EXPRESS.
On Thursday it will be the ones of MCDONALD’S, AMAZON and GENERAL MOTORS

Positive macro data released last week along with predictions that the Fed will raise interest rates until the end of the year, led to fluctuations in the foreign exchange market, and commodities.
The US dollar continued to strengthen against the other currencies, and the price of the Gold fell to a low of more than five years, after a decrease of 2.2% to a price level of 1,106.8 dollars an ounce.
Another reason for the downtrend of the Gold is because of China’s announcement that it holds lower Gold reserves than the market expected.
The price of the Oil went down during the trading day yesterday below the level of 50.00, and since the start of the year the price of the Oil wend down by 6%.

Trading Opportunity:
INTEL

The price of the share reached once again a support area, around the price level of 29.00.
This area supports the share price since the June 2014.
In recent days, the share price fell, but against this decline, especially in the last two trading days, the trading volumes declined, and this may indicate the weakness of sellers.

intel d 20.7.15

Our tendency is to look for CALL option trades.
The entry will be today at the start of the US trading day, between the levels of 29.00 – 29.10.
The expiry will be July 21, 20:00.

Market Review, July 13, 2015

After 14 hours of talks late into the night, the finance ministers of the Euro zone have not yet reached an agreement with the Greek government and it seems that EU ministers urging the Prime Minister of Greece to abandon his principles or that Greece will emerge from the Euro zone.
German Chancellor Angela Merkel said that the situation is really difficult if you take into account the economic situation of Greece and the worsening in recent months.
Merkel also added about the lost of trust and credibility against the Greek prime minister.
Reuters has unveiled the draft declaration of the finance ministers meeting, and it stated that the Ministry of Finance officials concluded that there is still no basis for allowing the opening of negotiations with Greece.
There is also reference to a draft raised by Germany under which Greece be removed for 5 years from the Euro zone.
Asia, the Shanghai Stock Exchange rising this morning for the third day in a row following a series of measures by the administration in China which support the stock market.
On Wednesday, important economic data are expected to be published, including the retail sales and industrial output, which may influence the direction of the stock market’s at the second-largest economy in the world.
On Wednesday there will be the results of the GDP of the second quarter, and analysts predict a further slowdown in China.
Last Friday the Wall Street stock markets recorded the sharpest daily starting in two months, base on hopes that Greece and her creditors will reached an agreement that will prevent Greece to leave the Euro zone and following the continued recovery of the stock market in China.
The Dow Jones Industrial Average closed up by 1.2% and managed to finish the trading week with a rise of 0.2%.
The NASDAQ Composite Index on Friday climbed by 1.5% but on a weekly summery went down by 0.2%.
The S&P 500 rose on Friday by 1.2% but ended the week virtually unchanged.
The Federal Reserve Chairman, Janet Yellen, estimates that it would be a place to raise the US interest rates this year and added that her own forecast for the economy and inflation compatible with the predictions expressed by most participants in the meeting of the Federal reserve.
The price of Oil fell last week by 7.4% ended the week at a price level of 52.74 dollars a barrel.
The price of Gold for delivery in August fell last week by 0.5% and the price was determined on 1.163 dollars an ounce.
Trading Opportunity
USD/CAD
Last week the pair came to a resistance area, around the level of 1.2800.
A daily chart shows that against the rise towards the resistance level,  a bearish divergence in the histogram of the MACD oscillator was formed and this divergence was went ahead in the last two trading days, where we were given 2 bears candles.
usd.cad d 13.7.15
Our tendency is to entry with PUT option trade.
The entry will be from the levels of 1.2715 – 1.2690.
The expiry time will be June 24, 17:10.