In this episode we discuss the chaos in the currency markets as well as the potential change of trend for Oil. Markets down 3 weeks now but ended this week firmer into a long weekend. What did the Swiss National Bank Know?
Also, what we are doing with our GoPro (GPRO)...
Take a look at today‘s Currency video and find out where to wait until prices come to you. All 3 majors are in consolidation mode to go higher based on TAS Pro information. We speak about the buying opportunities and also where to say uncle if those particular levels are...
Perhaps the Euro move is more due to the fact the USD is slowly drifting lower as the economic condition of the U.S. has been turning. However, looking at the Financial Conditions index does not show that there is any slowing as of yet. So, it must either be an...
An interesting view on Bloomberg this week:
In an October note to clients, Bank of America Corp. said the Mexican peso is Latin America’s “most attractive” currency and “remains significantly undervalued”. Bloomberg functions show why banks see value in the peso and project it to outperform other Latin American currencies through...
Some believe that the U.S dollar is doomed. They believe that the U.S. is bankrupt and the best idea is to get all of their assets out of the U.S. and move them toward hard assets or The Bank of Mattress.
With all that Mr. Bernanke is doing with low rates...
