psaTrading's Beiträge - Seite 36

Trading Journal in Neue Trader Feb 06, 2015 at 16:07

Yesterday American indexes closed high, having been influenced by the same factors that marked the previous session: the evolution of oil and business news. The merger and acquisition news continues to animate Wall Street. The shares of Pfizer appreciated after the company announced its intention to acquire Hospira company specializing in the manufacture of biosimilars. Weekly applications for unemployment benefits last week amounted to 278,000, less than the 290,000 estimated. In the last two weeks, this indicator reached levels close to the minimum of the last 15 years. On the other hand, th...

Trading Journal in Neue Trader Feb 05, 2015 at 19:24

Today the ECB published its newsletter, which is no longer monthly and went on to be released every 6 weeks, which describes in detail the Euro Zone Economy. The European Commission (EC) predicted growth for all EU countries in 2015 for the first time since 2007. The EC raised its forecast from 1.1% to 1.3% of GDP for the year 2015, and from 1 , 7% to 1.9% in 2016. the commission said the growth was 0.8% last year. The unemployment rate is expected to fall from 11.3% to 11.2%. In regard to inflation, the EC predicted that consumer prices come down 0.1% this year, after an increase of 0.4% in 2...

Trading Journal in Neue Trader Feb 04, 2015 at 11:09

One of today’s session topics will be the recent rise in oil. The oil recovery is based on several factors, from fundamental and technical nature. In recent weeks, there have been several indications that the offer is to adjust to new market conditions. Several oil companies in the presentation of results have reported that will reduce investment in the coming years, which will reduce the production along the time. Another sign was given by the CEO of BP who said that the production of shale oil (extracted oil shales surface) in the US has experienced a sharp drop, and closed dozens of w...

Trading Journal in Neue Trader Feb 03, 2015 at 17:09

If the appreciation of the dollar has had a negative impact on profits and revenues of US multinationals, the weakness of the Euro should have benefited European companies. The devaluation of the Euro not only increases the competitiveness of European companies and increases the amount of revenue generated there. The big question is whether the positive effect of Euro worth the still fragile domestic demand in the euro area and the economic slowdown in various parts of the globe.

Trading Journal in Neue Trader Feb 02, 2015 at 21:41

China’s PMI index on manufacturing activity fell in January to 49.8, below the 50.0, thus signaling an industry in a contraction phase.

Trading Journal in Neue Trader Jan 30, 2015 at 16:48

The US economy expanded at a slower pace than expected in the fourth quarter with the slowdown in corporate investment. A fall in government spending and a trade deficit growing took shine to greater gains in consumer spending over the past nine years. Gross domestic product grew at an annualized rate of 2.6%, after a 5% gain in the third quarter, which was the highest level since 2003. The estimate of economists pointed to 3%. Although the American economy is the most dynamic among the main economic regions of the world, some factors have weighed on US actions. One such factor is the strength...

Trading Journal in Neue Trader Jan 29, 2015 at 13:13

The Fed kept the outline of the statement of December. The central bank reiterated that it will continue to adopt a “patient” posture with regard to the standardization process of monetary policy and thus, if all factors remain unchanged, interest rates should not be increased in future meetings. Regarding inflation, the statement said that the increase in the price level has fallen and that this trend will intensify in the short term but in a broader time horizon prices are expected to increase at a faster pace, due to the improvement of labor market and decreasing temporary effec...

Trading Journal in Neue Trader Jan 28, 2015 at 16:30

The European stock markets started the session with slight gains. The beginning of today’s session was influenced by some corporate results. Briefly, Roche reported lower annual results to estimates and the proposed dividend (8 CHF) was also lower than the market anticipated. The Swedish retail chain H & M reported higher quarterly results than expected and was confident in relation to the January sales. The European technology sector should respond positively to Apple’s results. The American company is an important customer of several European companies, such as the Englis...

Trading Journal in Neue Trader Jan 27, 2015 at 14:08

Most traders consider profitability to be top priority; but to professional traders and money managers, capital preservation or limiting losses is penultimate.A very known sentence in the world of trading is:“On a long enough timeline the survival rate for everyone drops to zero”An unquestionably true, but happy those who know what they should do to extend this line …

Trading Journal in Neue Trader Jan 26, 2015 at 22:28

The European equity markets started the session trading low but climbed throughout the day, reaching new highs. Investors are preparing for another intense week, with continued earnings season in the US and in Europe and the first meeting of the Fed this year. At the macroeconomic level, the publication of the sentiment index of German business, the IFO, showed a slight improvement achieved in January. In the second half of 2014, this index has been falling before the repeated signs of slowing down not only in Germany but also the Eurozone. Another factor which may gain some weight is the rebi...

Trading Journal in Neue Trader Jan 23, 2015 at 19:44

Stock markets traded up. Investors continue to try to assess the impact of the ECB’s decision announced yesterday. In which extent the equity markets had not incorporated this decision, what are the sectors that most benefit from the acquisition of bonds and their effects in different economies, etc. The Central Bank announced that it will acquire 60 000 M. € monthly of debt instruments (mainly government bonds). The ECB will purchase a total of 1,080,000 € M. of debt instruments, over 18 months, starting in March. This is slightly higher than what was known early yesterday by ...

Trading Journal in Neue Trader Jan 22, 2015 at 18:38

The Stock market rose after a three-day rally in the SP500 Index, as banks and transportation companies posted better than expected earnings. The session was marked by the European Central Bank’s announcement (ECB) that will adopt an expanded stimulus plan, including government and corporate bonds of 60 billion euros per month. The purchase will continue until September 2016. The announcement was made after the ECB maintained the reference rates unchanged at record levels.

Trading Journal in Neue Trader Jan 21, 2015 at 22:09

The European Indexes climbed. The expectation of tomorrow’s ECB meeting dominates the feeling of European investors. Today starts the World Forum in Davos, an event that brings together many politicians, economists and top investors, it is therefore an opportunity to gauge their perspective on the world economy. The slowdown in China’s economy is one of the issues, as is one of the causes for the cut in global growth estimates for this year. It is not excluded that some of these politicians to wave the ECB meeting tomorrow, which could have an impact on the course of stock market i...

Trading Journal in Neue Trader Jan 20, 2015 at 22:50

The European indexes closed slightly higher and were in consolidation throughout the day. At this stage, European investors are more focused on the ECB’s Thursday decision than in the cooling signs of the global economy. Today in Beijing, the IMF reduced its forecasts for global growth. For 2015 this institution estimates a growth of 3.50% and 3.70% in 2016. In October, the IMF projections pointed to increases of 3.80% and 4% respectively. As the World Bank, the IMF pointed to the slowdown in the Eurozone, China, Japan and some emerging countries (including oil producers) as the main rea...

Trading Journal in Neue Trader Jan 19, 2015 at 11:39

The European indexes started the week trading high with the positive expectations for the ECB meeting next Thursday (22 Jan). These expectations should overlap to some risks hanging over the European markets since increase the odds of the adoption of a sovereign bonds buying program by the ECB. Although the program’s scale is still unknown, there were two indications that the ECB will act. The first was the assent by the European Court of Justice for the purchase of debt by the ECB under the OMT program (Outright Monetary Transactions). This assent is extended to a debt purchase program ...

Trading Journal in Neue Trader Jan 16, 2015 at 14:41

The European Indexes consolidate after yesterday’s strong recovery . The Central Bank of Switzerland (SNB) used to prevent the CHF to appreciate in order to protect the competitiveness of Swiss exports . To achieve this objective, the SNB sold CHF and bought Euros in the foreign exchange market. However, this strategy has become expensive and did not catch the influx of foreign capital to the country, which constituted a buying pressure on the CHF. If the ECB implement a quantitative easing program, the selling pressure on the euro would be increased, forcing the Swiss central bank for i...

Trading Journal in Neue Trader Jan 15, 2015 at 19:48

The abandonment of the connection to the Euro by the Bank of Switzerland certainly was the event of the day. Volatility continue to be a hallmark on the European sessions. The oil sector can recover some of the recent losses but remain a major source of volatility. Sustainable rising oil will only be possible when materialize one of two conditions: a minor imbalance between supply and demand or a decline of the dollar against major currencies.

Trading Journal in Neue Trader Jan 14, 2015 at 23:00

In addition to the Wall Street retreat, the European session was also conditioned by the projections of the World Bank. This institution reduced its growth forecast for the world economy in 2015 from 3.40% to 3%. The weakness of the European and Japanese economies, as well as some emerging countries (China, Russia and Brazil) are cited as the main reason of this cut. The European Union Court of Justice gave today a positive opinion on the ECB’s plan and Mario Draghi won a legal endorsement for the bond-buying plan he designed to save the euro.

Trading Journal in Neue Trader Jan 13, 2015 at 22:57

This beginning of the year has been marked by strong volatility, which should increase with the approach of the ECB meeting and the parliamentary elections in Greece.

Trading Journal in Neue Trader Jan 12, 2015 at 19:42

European stock markets traded without a clear trend and nervousness dominated investor sentiment. With the approach of the meeting of the ECB (22) begin to emerge news and rumors about what will be the decision of the ECB. A few weeks ago, investors began to anticipate the announcement of a sovereign debt purchase program. However, the Greek political crisis has made the situation more complex. The performance of the Greek elections three days after the meeting of the Central Bank hinders the ECB position. It will not be easy for the Central Bank to announce it will acquire debt of European co...

EURUSD	1.13037	GBPUSD	1.32767	AUDUSD	0.64436
USDJPY	144.966	USDCAD	1.38103	USDCHF	0.8268

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