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Trading Journal

psaTrading
Dec 23 2016 at 12:20
891 posts
The American markets closed with contained losses, and the volume continued to suffer a decrease. The session was marked by the publication of macroeconomic data, which did not influence the trend of major indexes but provided investors and economists with useful information about the US economy. GDP growth relative to the third quarter of the year continues to be revised upwards. According to the Commerce Department, the US economy grew 3.50% in that period, surpassing the 3.20% calculated in November and the forecasts of 3.30%. Starts today the period that corresponds to the so-called Santa Claus Rally. This period includes the last five sessions of the year and the first two of the new year. Over the past 30 years, the S & P performed 26 times, with an average gain of 1.74%. However, given the gains made by Trump Rally, the odds of a strong Santa Claus Rally will probably be lower than in previous years.

Antonio (tradfred)
Dec 23 2016 at 13:48
36 posts
psaTrading posted:
The American markets closed with contained losses, and the volume continued to suffer a decrease. The session was marked by the publication of macroeconomic data, which did not influence the trend of major indexes but provided investors and economists with useful information about the US economy. GDP growth relative to the third quarter of the year continues to be revised upwards. According to the Commerce Department, the US economy grew 3.50% in that period, surpassing the 3.20% calculated in November and the forecasts of 3.30%. Starts today the period that corresponds to the so-called Santa Claus Rally. This period includes the last five sessions of the year and the first two of the new year. Over the past 30 years, the S & P performed 26 times, with an average gain of 1.74%. However, given the gains made by Trump Rally, the odds of a strong Santa Claus Rally will probably be lower than in previous years.



Surely the results can be favorable and growing the American economy.

psaTrading
Dec 26 2016 at 16:23
891 posts
The Justice Department has fined 7200 M.USD (6300 M. €) for Deutsche Bank for its conduct in the sale of mortgage-indexed assets before the financial crisis, a preliminary agreement that needs to be made official. According to the bank’s accounts published in September, the bank had a provision for legal costs of about 5500 M. €, which does not only involve this case. Analysts estimated that Deutsche Bank would pay a fine between 2000 M.USD and 5000 M.USD.

psaTrading
Dec 27 2016 at 12:30
891 posts
The banking sector will remain in the spotlight. In an interview published yesterday by the Bild newspaper, German Central Bank President Jens Weidmann warned that for “measures planned by the Italian Government” to succeed, the institution must be “financially healthy in its core business.” He also said that public funds could not be used to cover in advance potential future bank losses.

psaTrading
Dec 28 2016 at 15:26
891 posts
The South Korean market was penalized by the worsening political situation and the fall of about 20% from Toshiba which also affected the performance of all Asian exchanges. Toshiba warned yesterday it could incur losses of “several billion dollars” following the purchase of a US nuclear power company.

YaelGoldwasser
Dec 29 2016 at 13:07
9 posts
psaTrading
Dec 30 2016 at 12:37
891 posts
Looking back, 2016 is marked by the valuation of the most risky assets, in a scenario of a certain optimism regarding the whole global environment. In fact, stock indices in the US recorded significant appreciations (S & P rose about 10%, Dow Jones 13.74% and Nasdaq100 7.08%), while in Europe DAX gained 6.59%.

psaTrading
Jan 16 2017 at 12:52
891 posts
With the US market closed today, attention will be divided between the currency market, due to the depreciation of the Pound against the Dollar and the Euro in Asian markets, and some business news. Pound depreciated, with investors worried and awaiting the speech of Theresa May, scheduled for tomorrow, regarding more details on the Brexit plan. Over the weekend, the UK Finance Minister said that if the country does not maintain access to the single market, it will have to pursue a “new economic model”. On the other hand, the Italian debt market and the performance of the banking sector in the country should attract attention, after the Canadian ratings agency DBRS on Friday cut Italy’s sovereign credit rating to BBB (high) from A (low) in a move which could raise borrowing costs for struggling Italian banks.

psaTrading
Jan 17 2017 at 23:27
891 posts
This year broke the tradition of being Alcoa the company that debuted the Earnings Season, due to the split in two companies, so that the disclosure of bank accounts was the starting point. For the fourth quarter, the estimates for results point to a 3% growth in the constituents of the S&P500 index.

psaTrading
Jan 18 2017 at 23:06
891 posts
In the last few sessions, Dax has been penalized by the weakness of the automobile sector and the appreciation of the Euro against the Dollar (due to the strong weight that exporting companies have in the German index). From the technical point of view, several indicators point to an increasing likelihood of a short-term correction.

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