Market Review, October 30, 2015

The trading on Wall Street ended yesterday with declines, after the growth of the US economy slowed in the third quarter at an annualized rate of 1.5%, after growth of 3.9% in the previous quarter.
Also, the number of US initial jobless claims rose last week by 1,000 to the level of 260 Thousand.
On a daily summery, the S&P 500 fell by 0.1%, the Dow Jones lost 0.1%, the NASDAQ was down by 0.4%.
The shares of Starbucks coffee chain fell by 3% after the close of trading on Wall Street, following a disappointing forecast for the current quarter.

The price of the Gold went down yesterday by 2.5% to a price level of 1147.3 dollar per ounce price, a 3-week low.
The price of the crude Oil rose up by 0.3% to a price level of 46.06 dollars per barrel, following an increase of 6.3% on Wednesday.

The trading on the European markets ended with declines, after disappointment Financial statements published yesterday led by the banks reports.
Barclays shares fell by 6.3% and Deutsche Bank shares fell more than 7% after the bank reported of a net loss for the third quarter and announced about a cut of 9,000 jobs.
On a daily summery, London fell by 0.7%, Frankfurt has weakened by 0.3%, Paris fell by 0.1%.

Trading opportunity
SILVER

On a daily chart we can see that the Silver have reached a support area, around the level of 15.50.
The price touched the lower band of the bollinger bands and as the averages of the Stochastic indicator is at an oversold area.

silver d 30.10.15

Our tendency is to enter with a CALL option trade,
The entry will be between the levels of 15.50 – 15.65.
The expiry time will be October 30 at 20:00.

Market Review, October 29, 2015

As expected, the Federal Reserve decides to leave the interest rate in the United States unchanged also in October.
However, it is possible the interest rate will rise after the next meeting of Federal Open Market Committee next month.

Following this announcement, the trading on Wall Street ended with rising prices.
Summing up the day, the Dow Jones rose by 1.1%, the S&P 500 climbed by 1.2%, the NASDAQ index was up by 1.3%.

The US Dollar jumped following the interest rate announcement, by 1.1% against the Euro to the level of 1.0921 Dollars to the Euro.
The price of the Oil jumped by 6.5% to a price level of 46.0 dollar a barrel after the US Energy Agency (EIA) reported on a lower-than-expected increase in US Oil production.
Twitter shares ended the the trading yesterday with a decline of 1.5% after having fallen by 10.5% at the opening of the trading day, following a disappointing quarterly report of the company, which indicated a slower rate of increase in the number of its users, and it expected to continue in the current quarter.
Apple shares jumped by 4.1% after the company reported of a 31% jump in net profit in the third quarter and a 22% increase in sales of iPhone compared with the same period last year.

The trading on the European stock exchanges close with gains yesterday after two days of declines.
On a daily summery, London increased by 1.1%, Frankfurt climbed by 1.3%, Paris added 0.9%.

Trading Opportunity:
GOLDMAN SACHS

On a daily chart we can see that the share is on a rising trend.
Yesterday the price of the share went up by 2.69%, ending the day at a price level of 191.32 with high trading volume.

goldman sachs d 291.0.15

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 191.30 – 191.45.
The expiry time will be October 29 at 20:00.

Market Review, October 28, 2015

Yesterday began the two-day meeting of the Fed, and later today he will publish the interest rate and the monetary policy.
Market analysts indicate that the Fed will not perform a U-turn in policy and he will reject raising the interest rates again, mainly due to the global economic slowdown and the expected decline in US growth rate in the third quarter.
The trading on Wall Street ended yesterday with a price declines.
Before the opening of trading, the given durable goods orders was published and it fell by 1.2% in September.
Case-Shiller index, which examines the change in house prices in 20 major US cities. pointed to an annual increase of 5.1% in house prices, in line with expectations.
Apple announced of 22% rise in iPhone sales and record annual profit
and posted a quarterly profit of 11.1 billion dollars.
The Consumer Sentiment Index in China fell in October to 109.7 points compared to 118.2 points in September.
This is the lowest level of the index since it began publishing in 2007.

Trading Opportunity
EBAY

Yesterday we analyzed the share and we saw that the price of the share went up on Monday at 0.04% and on last Friday at 2.10% but in contrary to to those rises, the trading volumes went down.
Yesterday the price of the share continued to rise, at 0.71% but the trading volume continued also to decline.
Also,the averages of the RSI and the Stochastic still at an overbought levels.

 

ebay d 28.10.155.

Our tendency is to enter with a PUT option trade, at the start of the US trading day, between the levels of 28.37 – 28.30.
The expiry time will be, October 28 at 20:00.

Market Review, October 27, 2015

The trading on Wall Street stock exchanges trade ended yesterday almost unchanged, after the steep gains last week.
On a daily summery, the Dow Jones fell by 0.1%, the S&P 500 fell by 0.2% and the NASDAQ rose by less than 0.1%.
The investors are await Fed meeting this week, in which the FOMC will announce about the monetary policy.
The European markets close at a mixed trend, on the background of disappointing UK manufacturing data and after the consumer confidence index in Germany went up.
On a daily summery, London fell by 0.4%, Frankfurt rose by less than 0.1%, Paris lost 0.5% of its value.
The US home sales in September fell by 11.5% to an annual rate of 468 thousand homes.
This was the lowest level for 10 months.
The WTI crude Oil fell yesterday by 1.4%, the a price of 2 cents less than 44 dollar a barrel.
This is the lowest level since August.
The price of the Gold rose yesterday by 0.4% and closed the trading day at the level of 1166.2 dollars per ounce.

Trading Opportunity
EBAY

The price of the share went up yesterday by 0.04% and on last Friday by 2.10% but in contrary to to those rises, the trading volumes went down.
Also,the averages of the RSI and the Stochastic are at an overbought levels.

ebay d 27.10.15

Our tendency is to look for a PUT option trade.
The entry will be at the start of the US trading day, between the levels of 28.17 0 28.10.
The expiry time will be October 27 at 20:00.

Market Review, October 26, 2015

The trading week is opened at the backdrop of China’s central bank’s decision to lower the interest rates, which led to a sharp rises in stock markets in Europe and the United States last Friday.
Also,last week the president of the European Central Bank, Mario Draghi, hinted at further quantitative easing, which helped the rise worldwide.
The trading this week will be under the auspices of the continued of the third quarter results season and it’s likely that the NASDAQ will break records after the publication of the results tomorrow of Apple and Twitter.
In addition, on Wednesday the Federal Reserve will publish his interest rate decision for October and it is expected to remain unchanged.
If so, it will reduces the chances that the Fed will raise rates as early as in 2015, despite the Bank predictions in September that interest rates will rise this year.
On Thursday, there will be the publish of data that can support the decision of the Federal Reserve, the growth figures.
The US economy grew in the second quarter by 3.9%, but the growth figures for the third quarter are expected to be far of it and to reach 1.7% – 2.1%, according to various estimates of analysts.

Trading Opportunity
GOOGLE

On a weekly chart we can see that the share is on a rising trend and last week it went up by 6.01% as the trading volume were high.
The DMI indicator shows that the last rise was powerful and our conclusion is that the price of the share is about to continue to climb.

google w 26.10.15
We can look to enter to this move with a CALL option trade, for a longer time frame.
The entry will be at the start of the US trading day, between the levels of 702.00 – 710.00.
The expiry time will be to the end of the year, December 30 at 17:10.

Market Review, October 23, 2015

The trading on Wall Street stock markets ended yesterday with gains.
On a daily summery, the S&P 500 climbed by 1.7%, the Dow Jones rose by 1.9%, the NASDAQ was up by 1.7%.
McDonald’s gained 6% after reporting of the first quarterly increase in two years in sales of existing branches.
It was a sign that the network’s efforts to improve the situation are beginning to bear fruit.
Amazon shares rose by 8% after the trading on Wall Street, following the publication of financials which included a surprising profit compared with the analysts forecasts a net loss in the third quarter.
The Company’s revenues surged by 23% to 25.4 billion dollars.
The trading on European stock exchanges close higher after yesterday the president of the European Central Bank hinted that the bank will take further steps with an attempt to stimulate the economic recovery.
On a daily summery, London rose by 0.4%, Paris grew by 2.3%,Frankfurt climbed by 2.5%.

Trading Opportunity
INTEL

Yesterday, the price of the share broke and closed above a resistance area, at a price level of 34.40.
The share went up by 3.09% as the trading volume were high, which is a good sign regarding the power of the break.

intel d 23.10.15

Our tendency is to look for the continued of the rise.
The entry will be with a CALL trade, at the start of the US trading day and between the levels of 34.40 – 34.50.
The expiry time will be October 23 at 20:00.

Market Review, October 22, 2015

The trading on the stock exchanges of Wall Street ended yesterday with price declines, the Dow fell 0.3%, the NASDAQ fell 0.8%, the S & P 500 fell by 0.6%.
There are increasing expectations that the US Federal Reserve will wait with interest rate hikes in the US up until 2016, despite earlier expectations it will be in 2015.
The reasons: the relatively weak earnings season for the third quarter and economic data, some of which their results were less than expected
All these are signaling to the policy makers at the US that the US economy is not strong enough to withstand raising the interest rate for the first time since 2006.
The price of the Oil fell yesterday after the US Energy Information Agency reported an increase of 8 million barrels in crude inventories in the US.
The European stock markets trading yesterday locked in rising prices, after volatile trading day,ahead of the interest rate announcement and monetary policy of the European Central Bank (ECB) which will be published later today.
On a daily summary yesterday , London rose by 0.5%, Frankfurt climbed by 0.9%, Paris rose by 0.5%.

Trading Opportunity
MCDONALD’S

The price of the share went down yesterday by 1.25%,at a price level of 102.54, on his way to re-test a support area, around the level of 100.
The trading volume was high and the indicators RSI and Stochastic offer an opportunity of further decline.

mcdonalds d 22.10.15

Our tendency is to enter with a PUT option trade.
The entry will be at the start of the US trading day, between the levels of 102.54 – 102.40.
The expiry time will be, October 22 at 20:00.

Market Review, October 21, 2015

The Wall Street stock market ended yesterday with gains at a background a macro data published regarding the housing starts in the US, which pointed of a rise.
On a daily summary, the Dow Jones fell by 0.1%, the S&P 500 also dropped by 0.1%, the NASDAQ was down by 0.5%.
IBM shares fell by 5.6% after the company reported yesterday a 13.9% drop in revenues, to total 19.28 billion dollars, it’s the 14th consecutive quarter of declines.

The trading on the European stock exchanges close with declines yesterday led by the energy stocks and commodities due to the slowdown in China.
On a daily summery,London fell by 0.1%, Frankfurt lost 0.15%, Paris retreated 0.6%.

Tomorrow the ECB will publish his monthly interest rate announcement.
The bank announcement would coordinate more interest than usual because in recent weeks capital market estimates is that the bank will expand soon his quantitative easing program, at the background of a low inflation, bad economic data and the slowdown in China’s economic growth.

Trading Opportunity
APPLE

Yesterday the price of the share rose by 1.83% to a price level of 113.77.
This impressive move came with a high trading volume.
Also, the average of the RSI indicator has crossed up his 50 line and the averages of the Stochastic are in a rise process.

apple d 21.10.15

Our tendency is to look for an entry of a CALL option trade.
The entry will be at the start of the US trading day, between the levels of 113.75 – 114.00.
The expiry time will be October 21 at 20:00.

Market Review, October 20, 2015

The trading on the stock exchanges of Wall Street opened yesterday with a negative trend but ended the trading day with gains.
On a daily summery, the S&P 500 rose less than 0.1%, the Dow Jones climbed by 0.1%, the NASDAQ rose by 0.4%.

IBM shares weakened by 4% yesterday after the close of trading, following the publication of its annual report.
The company reported of a 13.9% drop in revenues.

The European markets close with a mixed trend, with most of them climbed but the commodities sector dragged down the London Stock Exchange following the disappointing GDP data in China.
On a daily summery, London has weakened by 0.4%, Frankfurt gained by 0.6%, Paris closed almost unchanged.

China’s economy grew in the third quarter of 2015 by 6.9%, these quarterly growth figures are the lowest since the global financial crisis broke out.

Yesterday there was a sharp drop in global Oil prices, amid concern about a slowdown in the Chinese economy.
The WTI Crude Oil fell by 2.9% to a price level of 45.89 dollars per barrel, its lowest level since October 2.

Trading Opportunity
EUR/GBP

An intraday opportunity, on 4 hours chart we can see that there is a double bottom pattern, around the level of 0.7300.
For the last few hours the pair is trading around these level as there is an ongoing bullish divergence at the histogram of the MACD histogram.

eur.gbp d 20.10.15

Our tendency is to look for a CALL option trade.
The entry will be between the levels of 0.7300 – 0.7330.
The expiry time can be to the end of the day, October 20 at 21:00 or even to try and take it to a longer time frame, up until Friday, October 23 at 17:10.

Market Review, October 19, 2015

Is the decline of the emerging markets in recent months come to an end?
Last week it seemed that indeed, after the gains at the  Chinese stock markets for the second consecutive week.
One reason is the reassessment of the Fed and his choice regarding the timing of interest rate hikes in the US.
Up until recently it was assumed that US interest rates will start to rise this year, but now seems that the Federal Reserve may delay such a decision up until the next year, to make sure that the weakness in global markets does not affect the US economy and his recovery.
One measure of the US recovery is the housing market, and in August he was  disappointed.
In this week will be additional information about the US housing market.
In the Euro zone this week, the European Central Bank (ECB) is also expected to convene a monetary decision.
Most economists do not expect a change in the policy of the ECB, unlike the Fed who his already talking about tightening monetary policy and continues to adopt an expansionary policy and bond purchases.
The third quarter earnings season is in full swing, this week it will be the peak of  the technology sector, with reports from Google, Amazon, Yahoo and eBay.
Trading Opportunity
TWITTER
On a daily chart we can see that last Friday the price of the share broke up a resistance area, plus, the trading volume were high.
On a weekly summery the share closed at a price level of 31.15 and a weekly rise of 0.96%.
twitter d 19.10.15
The indicators (MACD, RSI, Stochastic and DMI) are signaling of a possibility of a further increase and our tendency will be to look for a CALL option trades.
It can be a trade for the end of today, October 19 at 20:00 or for a longer time frame, October 30 at 17:10.
The entry in both cases will be between the levels of 31.15 – 31.30.  at the start of the US trading day.