Market Review, September 30, 2015

Yesterday the Wall Street stock markets rebounded from a slump of more than a month, and the index S&P 500 closed on a positive trend for the first time in six days.
The Consumer Confidence Index in the US rose in September to a level of 103 points, compared to 101.4 points in August, while analysts forecast stood at 96.1 points.
Analysts of the bank Goldman Sachs predicts that the S&P 500 will end the year with a decline for the first time since 2011.

The trading on European stock exchanges ended yesterday with price declines for the second day in a row due to the continued concerns about slowing global economic growth.
Summing up the day, the London Stock Exchange closed down by 0.8%, Frankfurt retreated by 0.4%, Paris fell by 0.3%.

The price of Gold fell yesterday by 0.4% to a price level of 1,126 per ounce, this was the third consecutive day of decline.
The price of the Oil rose yesterday by 1.8% to a price level of 45.23 dollars per barrel.

Trading Opportunity
FACEBOOK

The price of the share went down by more than 8% in the last three trading days as the trading volumes were high.
On a daily chart we can see that the lower bollinger band expanded downwards with yesterday’s decline.

facebook d 30.9.15

Our tendency is to look for a further decline, we can look to enter with a PUT option trade at the start of the US trading day.
The entry will be between the levels of 86.67 – 86.60.
The expiry time will be September 30 at 20:00.

Market Review, September 29, 2015

Yesterday, the Wall Street stock markets opened the trading week by a sharp declines and closed on a negative trend for the fifth day in a row.
On Thursday the fourth quarter of 2015 will be open and next week will begin the third quarter earnings season and according to the forecasts it is likely be grim. Analysts predict a decline of 3.9% in the profits of the companies in the S&P 500 over the same quarter of last year.

Macroeconomic data which will be published this week in the US including, the private consumption, Case-Shiller index, and the employment report which will be published on Friday.
An estimated regarding the US labor is that the market will added 270 thousand jobs in September, while the unemployment rate will remain unchanged at a level of 5.1%, the lowest since April 2008.

The employment data will be published this week also in Europe.
last month the statistics office reported that the EU unemployment at 19 Euro zone countries fell in July to a level of 10.9%, the lowest level since February 2012.

India’s central bank announced about a cut of the interest rates sharply than expected in an effort to accelerate the country’s economic activity which is also suffering from the slowdown in economic activity in China.

Trading Opportunity
USD/CAD

On a weekly chart we can see that the pair continues to rise but with a weakness, as an ongoing bearish divergence is created at the MACD indicator.
Also, the averages of the RSI and Stochastic are reaching an overbought area.

usd.cad w 29.9.15

Our tendency is to wait for the first bearish candlestick pattern, which will put into effect the bearish divergence which created at the MACD indicator.
The entry will be of a PUT option trade and the expiry time will be October 30 at 17:10.

Market Review, September 25, 2015

The trading on the stock exchanges of Wall Street ended yesterday with declines.
The declines slowed in preparation for the closure and before the Fed chairman’s speech and at the conclusion of the day, the S&P 500 fell by 0.3%, the NASDAQ was down by 0.4% and the Dow Jones Industrial Average fell by 0.5%.
The Federal Reserve Chairman Janet Yellen made it clear that the Fed is not intends to withdraw from the interest rate raise in the US economy, a move which likely to hurt emerging markets like China.

The European stock markets close with sharp declines because of the fraud affair of Volkswagen which shakes the world of vehicle.
Volkswagen shares fell by 3.1% after yesterday the company CEO announced on his resignation following the incident.
On a daily summary, London fell by 1.2%, Frankfurt fell by 1.9%, Paris retreated by 1.9%.

The price of the Gold rose yesterday by 2% and closed at a price level of 1153.8 dollars per ounce, a record level of five weeks.
The price of the Oil rose yesterday by 1% and ended the day at a price level of 44.9 dollars per barrel, it was the first increase after three days of trading.

Trading Opportunity
EUR/GBP

An intraday opportunity.
On an hour chart we can see that the pair on his way to retest a support area, around the levels of 0.7280 – 0.7300.

 

eur.gbp 1h 25.9.15
At this moment the pair stands at 0.7312.
If the pair will reached the support area, the averages of the RSI and Stochastic will be around an oversold area, then we will be waiting formation of a bullish pattern.
After creation of conditions we can enter with a CALL option trade and the expiry time will be the end of the trading day, at 20:00.

Market Review, September 24, 2015

The trading on Wall Street exchanges ended yesterday with declines for the fourth time in five days since the US interest rate decision.
The commodity and energy sectors led the declines after the price of the crude Oil closed below the level of 45 dollars a barrel for the first time in over a week.
Economic data released yesterday showed that last month, the US manufacturing sector activity grew at the moderate pace for the last 22 months.
On a daily summary, the S&P 500 fell by 0.2% and closed at a low of two weeks, the Dow Jones retreated by 0.3%, the NASDAQ fell by 0.1%.

The European stock markets rebounded from a low of one month following publication of data on macroeconomic indicating an improvement in the economy of the Euro zone, however, the increases have moderated towards the closing time the after the President of the European Central Bank (ECB), Mario Draghi,said that it’s still too early to assess whether required additional incentives to the economy of the euro area.
Summing up the day, the London Stock Exchange, which fell by nearly 3% on Tuesday, closed up by 1.6%.
Frankfurt climbed by 0.4%, Paris added 0.1%.

Trading Opportunity
AUD/NZD

On 4 hours chart we can see that the pair is reached a support area, around the level of 1.1100.
The averages of the RSI and stochastic indicators are at an extreme oversold area.

aud.nzd 4h 24.9.15

Our tendency is to look for a strong bullish candlestick pattern, from around the support area.
The expiry will be September 24 at 23:00.

Market Review, September 21, 2015

The Federal Reserve’s decision not to raise the interest rates last week led to decline in the leading indicators.
This week the investors will act in accordance with the growth figures on Friday, and until then, by the Chinese manufacturing data on Wednesday which could shake up the market again.
On Friday the Wall Street stock markets were closed on Friday in sharp declines while erasing all the gains of the week in light of the assessments of investors that the Federal Reserve’s decision on Thursday suggests increased concerns for the strength of the global economy.
On a weekly summary the S&P 500 fell by 0.2%, the Dow Jones fell by 0.3%, the NASDAQ rose slightly, by 0.1%.
The price of the Oil fell on Friday by the sharpest rate for almost three weeks against the backdrop of expectations that the Federal Reserve’s decision yesterday not to raise interest rates in the United States, among other things due to the slowdown in the growth of China’s economy, the second largest Oil consumer in the world but on a weekly summary the price of the Oil rose by 0.1 % to a price level of 44.68 dollars a barrel, this was the third positive week in the last four weeks.
The price of Gold rose last week by 2.83%, as he finished the first week of gains after a month, at the level of 1137.8 dollars per ounce.

Trading Opportunity
USD/CAD

On a daily chart we can see that the pair is treading around a resistance level.
Compare to the treading, there is a continuity of a bearish divergence at the MACD indicator and a bearish divergence at the histogram of the MACD.
Also, the averages of the stochastic and RSI are face down from an overbought area.

usd.cad d 21.9.15

Our tendency is to look for a PUT option trades.
The entry will be from the levels of 1.3230 – 1.3185.
The expiry time will be September 25 at 17:10.

Market Review, September 18, 2015

The Federal Reserve announced yesterday about his decision to leave the base interest rate unchanged at 0% -0.25%, the lowest in US history.
In addition to the interest rate announcement, the Fed announced that it lowers long term interest rate outlook, which is the recognition of fundamental weaknesses in the US economy and it is possible to draw conclusions also about weaknesses in emerging economies, especially China.
The Federal Reserve Chairman Janet Yellen, said that there is a possibility that the interest rate will be raised at the next meeting of the bank at the end of October, but the possibility that the inflation will rise in the United States, together with the recovery in wages, employment and financial market conditions which will give a push to an interest rate hike next month is not high.
The Manufacturing Index of Philadelphia surprised with a drop of 6 points versus an expected rise of 6 points and fell sharply into negative territory.
Recall that a negative reading indicates a standstill in production, while a positive reading indicates expansion.
At the end of volatile trading day,the trading on the stock exchanges of Wall Street ended with a mixed trend yesterday.
The price of the Oil fell slightly yesterday by 0.49% and closed at a price level of 47.13 dollars per barrel.
The price was affected by yesterday’s reporting from Reuters that OPEC believes that the price of the Oil will not return to a level of 100 dollars per barrel by 2040.

Trading Opportunity
JP MORGAN

The price of the share went down yesterday by 2.32% from a resistance area, and created a bearish engulfing pattern.
The trading volume was high and the averages of the RSI and stochastic are face down.

jpm d 18.9.15
Our tendency will be to enter with a PUT option trade at the start of the US trading day.
The entry will be between the levels of 62.65 – 62.55.
The expiry will be September 18 at 20:00.

Trading Review, September 17, 2015

The trading on the stock exchanges of Wall Street closed yesterday with rising prices, following the surge in Oil prices after a first decline in three week in the US crude inventories.
The US crude Oil inventories fell last week by 2.1 million barrels and at the end of the day the price of the Oil jumped by 4.39%, ended at a price level of 47.15 dollars a barrel, the highest closing price since the 31 of August.

Yesterday the two-day meeting of the Federal Reserve has began.
The meeting will decide whether to raise interest rates in the United States for the first time for almost a decade.
The consumer price index (CPI) in the United States retreated by 0.1% in August, the first decline since January and mainly due to the sharp fall in gasoline prices,

FedEx shares fell by nearly 3% yesterday after the American shipping giant lowered its annual profit forecasts.

The price of the Gold recorded yesterday the sharpest daily starting this month, after a weak inflation data was released in the US reinforced expectations that the Federal Reserve will not raise interest rates.
The price of Gold ended at a price level of 1,119 dollars an ounce, after a rise of 1.5%.

The European markets posted the sharpest daily gain in two weeks, on a daily summary, London Stock Exchange closed up 1.5%, Frankfurt climbed by 0.4%, Paris jumped by 1.7%.

** Following the interest rate announcement expected to be released later today in the US, the markets are not clear and dangerous.
Caution is required regarding the trading day today.

Market Review, September 16, 2015

The trading on Wall Street stock exchanges ended yesterday with gains, after a fall of the US manufacturing production which increased estimates that the Fed may delay the rate hike.
The retail sales data for August climbed by 0.2%, versus an expected rise of 0.3% and after rising 0.6% in July.
The Empire State Index, which examines the manufacturing sector in New York, remains very weak in September and rose slightly to minus 14.7 compared to minus 14.9 in August which was the lowest level since 2009.
Summing up the day, the Dow Jones Industrial Average rose by 1.4%, the S&P 500 climbed by 1.3% and the NASDAQ rose by 1.2%.

The European stock markets closed the trading yesterday with rising prices at the end of a volatile trading day.
London increased by 0.8%, Frankfurt climbed by 0.5% and Paris added 1.1%.
The business Index in Germany declined for the sixth consecutive month, given the weakness in China which affects the demand for German exports.
In addition the Business Index also dropped in the Euro zone.

Trading Opportunity
GOLD

For the last few days the Gold is treading around a support area of 1105.0.
Against this there is a bullish divergence at the histogram of the macd indicator.

gold d 16.9.15

Our tendency is to look for a CALL option trade.
The entry will be between the levels of 1106.0 – 1107.0
The expiry time will be September 18 at 17:10.

Market Review, September 11, 2015

The trading on Wall Street exchanges ended yesterday with gains, following a recovery in Oil prices and in light of economic news released in the US, which reinforced expectations that the Federal Reserve will refrain from raising the interest rates next week.
The US import prices fell in August by 1.8%, it was the sharpest decline this year.
The export prices fell by 1.4% in August compared to the previous month.
Apple shares rose yesterday by 2.2%, erasing all the declines from Wednesday, following the launch of the new iPhone and iPad models and an upgraded version of Apple TV system.

The European stock markets ended yesterday with declines for the first time this week, amid fears of an US interest rate hike which could curb the global economic recovery.
On a daily summery, London Stock Exchange closed down by 1.2%, Frankfurt retreated by 0.9%, Paris lost 1.5% due to a surprising drop in industrial output of France.

The price of the Oil climbed yesterday for the first time in four days and closed
at 45.92 dollars a barrel, a jump of 4%.

The price of the Gold climbed for the first time in six trading days, because of volatility in the markets, which has increased the demand for the metal, which is considered a shelter for investors in times of crisis.
The Gold closed at a price level of 1109.3 dollars per ounce, up by 0.7%.
Also, the averages of the RSI and stochastic indicators climbed up from an oversold area.

gold d 11.9.15

Our tendency is to look for a further rise.
We can look to enter with a CALL option trade, the entry will be between the levels of 1111.00 – 1113.00.
The expiry time will be September 11 at 20:00.

Market Review, September 10, 2015

The trading on Wall Street ended yesterday with a negative trend, despite a positive day of the European stock markets and sharp rises which was recorded yesterday in Asia.
The US stock markets fell after the release of positive employment data in the US which reinforced the expectations that the Federal Reserve may raise interest rates soon, and in view of the decline in Apple shares, a decrease of 1.9% due to the launch event of the new iPhone models.
In Asia, the Nikkei index jumped yesterday by 7% and the Shanghai index added to its value more than 2%, despite the disappointing data released yesterday in China which showed a decline of 5.5% in exports in August.
Economics data that was published today in China showed that China consumer price index in August rose by 2%, more than the expected increase of 1.8%.
The producer price index fell sharply by 5.9% compared to an expected decline of 5.5%.
It was the 42 monthly decline in a row.
The price of the Oil fell yesterday below the level of 45 dollars a barrel after the US Department of Energy lowered its crude Oil price forecast for the current year and the next year.
On a daily summary the price of the Oil closed at a price level of 44.15 dollars a barrel after a drop of 3.9%, but on the daily chart we can see that this level is a support area which stoped the Oil from further decline for the last 8 days.
Also, the average of the RSI indicator has crossed up his 50 line and the averages of the stochastic made a cutting up from an oversold area.

oil d 10.9.15

Our tendency is to enter with a CALL option trade, the entry will be from the levels of 44.00 – 44.20.
The expiry time will be September 11 at 17:10.