Divergence and Fibs. What else do you want to know?
Unfortunate week for oil buyers. Following the news about a possible increase in supply and weak demand growth in the future, as well as Morgan Stanley's forecasts about a 25-30% reduction in market prices. Another disappointing news. The agency’s World Energy Outlook (WEO), published that oil demand peaks within the next 10 years. Recall that this week Saudi...
The current week is full of informational events around the oil market. Which continues to play into the hands of sellers. Yesterday, for example, Morgan Stanley analysts warned that if OPEC + participants at their next meeting on December 5 do not announce a higher reduction in production (current volumes of 1.2 million barrels), then Brent quotes will drop to $...
Price finishing the 5th wave within bigger wave 3 at level $50 and forming a double top with RSI divergence. Selling to level 47 before the next spike to the upside. Break of the neckline for confirmation. Good Luck!
After positive earnings this quarter, seeing the end of wave IV. After the break of the current resistance zone, starting the move up in wave V. A very good opportunity to buy. Potentially can bounce low first, which would give us a better risk-reward. Most banks and investment funds target the price for this stock above $50. Good Luck!
Getting ready for the NFP, Trump's obsession, recommendations of Morgan Stanley The financial markets are having a torrid week. Financial market participants are concerned about the appearance of a trend that the market currently is following. The concern is about the statistics based on the US labor market outcome, which in the future might provoke the US...
The week started quite well for the financial markets and with a huge relief for Mexico in particular. The point is that Trump decided not to impose 5% tariff on Mexican goods. The Mexican peso showed maximum growth over the past year. The Canadian dollar is below 1.33. Therefore a sharp decline in gold and other safe-haven assets against this background can be...
Understanding The trade: As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 7/19 I will be looking to take profit by early july(see green box) as the rate of decay factor starts to come into play as the contract...
China releases white paper, India in the crosshairs, Bank of Australia decision China has maintained a paused after the US showed trade aggression, apparently, hoping to reach an agreement. Apparently, hopes were not justified. As a result, the so-called “White Paper” was born. The document, which sets out the position of China in order to negotiations with the...
We have already written that the inversion of the yield curve (when the interest rates on long-term debt instruments are lower than on short-term debt instruments) is considered by many analysts as a signal of the impending recession. The same situation happened in 2000 before the US stock market fall, as well as 2006-2007 on the eve of the global financial...
Morgan Stanley had a pre earnings run ahead of its report today. The stock has pro trader activity in the mix. A gap up should be expected when this pre earnings technical pattern forms.
Looks like it may be an exciting Monday just like Friday. Goldman and Morgan Stanley are in play this week. GS MS GS
Hi All, MS should easily beat earnings since it's a busy IPO season and they are one of the major banks to underwrite the coming public offerings. I know that they are underwriting Uber's coming IPO. Feel free to provide constructive critique. I have loaded up on May $45-$46 call options. I am also holding GS call options.