Still trading in the middle of its ranges and awaiting the jobs reports this morning, coming out at 8:30AM ET. We have unemployment & non-farm payrolls, be prepared for increased volatility.
T-Bond
The Rath Overlay (August 26, 2016)
This is a sample entry from Drew Rathgeber’s newsletter, The Rath Overlay, published on Friday, August 26, 2016. In The Markets Emini S&P – ESM6 (Sep ’16) Currently sitting on support, still with relatively low volatility and tight trading ranges, all eyes are on Yellen speaking today at the Jackson Hole Symposium and whether we… Read more.
Beyond the “Spotlight”
This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.
Rand dives against dollar amid speculation Fed stimulus to close this year
The South African rand dropped to its lowest value against the world’s reserve currency in five years on Thursday, as confidence spread about the U.S. Federal Reserve being likely to close economy-spurring asset purchases sometime this year, according to Bloomberg.
New Trade in March 30-Yr. T-Bond (ZBH3 60 MIN)
This is a sample entry from Tom Dosdall’s email newsletter, Dosdall Daily Edge, published on February 14, 2013. Bonds have taken a beating dating back all the way to Thanksgiving. Many of our fundamental analysts argue that the market is still in an overall downtrend but I argue that there are corrective moves in the… Read more.