The German index rallied a bit on Tuesday, as the €11,500 level continues to be supportive. The meantime, I’m a buyer on short-term dips and I recognize that short-term trading is about as good as it gets in the DAX. Given enough time, I do believe that we break above the reason resistance and continue towards the €12,000 level. That’s my longer-term strategy, buying dips and simply hanging on if we can break out. Support runs all the way down to the €11,400 level, so selling isn’t even a thought currently as this market looks like it’s ready to continue the longer-term trend given enough patience.
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Global Indices Monthly Outlook – May 2017
The major stock markets around the world had a generally volatile month in April as several events had a direct bearing on the stock markets and the way that the investors viewed the risky assets like stocks and this helped to guide the direction in which the stock indexes moved. The main thing of note … Continue reading Global Indices Monthly Outlook – May 2017
DAX Index Forecast for The Week of May 1, 2017, Technical Analysis
The DAX gapped higher at the open of the week, and then slammed into the €12,500 level. This is an area that will cause a significant amount of resistance, and therefore I think if we break above that level this market will go much higher. If we do pull back from here I recognize that … Continue reading DAX Index Forecast for The Week of May 1, 2017, Technical Analysis
DAX Index Forecast may first, 2017, Technical Analysis
The DAX fell initially on Friday, but turned around to form a hammer. We continue to grind sideways overall, trying to break above the €12,500 level. If we can get above there, the market should continue to go much higher. Even if we fall from here, I see quite a bit of support below, especially … Continue reading DAX Index Forecast may first, 2017, Technical Analysis
Euro Jumps on Surprise EU Inflation Figures
European stock markets are mixed, with the FTSE 100 underperforming following weaker than expected Q1 GDP numbers which will give the BoE some room before having to tighten rates. Eurozone markets managed to stabilized and are posting modest gains. It is the DAX that is underperforming flat on the day, while MIB and IBEX are … Continue reading Euro Jumps on Surprise EU Inflation Figures
DAX Index Daily Fundamental Forecast – April 28, 2017
The DAX index continues to consolidate near the range highs and it is to the credit of the bulls that they have managed to hold the index near its highs despite the various developments across the world over the last few days. This shows that the index continues to be quite strong and it is … Continue reading DAX Index Daily Fundamental Forecast – April 28, 2017
DAX Index Forecast April 28, 2017, Technical Analysis
The DAX Index rallied during the day on Friday, reaching towards the €12,500 level. That area has been resistance, but if we can break above there the market should continue to go much higher. If we do pull back from here, it’s likely that the market participants will look at that as value, as we … Continue reading DAX Index Forecast April 28, 2017, Technical Analysis
Expand Your Knowledge
Is There a Real-Estate Bubble?
As the S&P 500 index and other global equity bourses hit fresh all-time highs, it is important to evaluate whether the markets are getting ahead of themselves, specifically in the housing space, as the housing market meltdown was the catalyst which brought down the equity markets beginning in 2008. Could there possibly be another real-estate … Continue reading Is There a Real-Estate Bubble?
Investing in Fashion
Popular trends of daily life style in clothing, footwear, accessories, makeup, body, or furniture are commonly known as fashion. Since ancient times, in majority of the cultures (around the world) these life style trends also indicate the social status achieved by the members of the society. Historical evidence tells that influential men and women of … Continue reading Investing in Fashion
How Does a Country’s Gold Reserve Affect its Economy?
Last month I watched one of James Bond’s movies called ‘Golden Finger’, which was produced in 1964. The story was about a villain who wanted to contaminate the US gold reserve in Fort Knox, his notion was to save gold bullions that will eventually multiply its price. As I was watching this movie, I wondered about the … Continue reading How Does a Country’s Gold Reserve Affect its Economy?
The Story of Marine Le Pen
Marine Le Pen, the president of the National Front, is not just a politician, but also a layer taking France by storm at the age of 48, young when compared with the Establishment. Sarkozy, Fillon and Hollande all 62 years of age with only center-left Macron her junior at the age of 39. Marine Le … Continue reading The Story of Marine Le Pen
Marijuana – Is it Economic for You?
The long and windy road of legalizing Marijuana in U.S states begun some time ago, States currently with legalized possession for recreational use include: Alaska, California, Colorado, Maine, Maryland (decriminalized 10g or less), Massachusetts, Minnesota (decriminalized), Nevada, New York (decriminalized unless open to public view), North Carolina (decriminalized 0.5oz or less), Oregon and Washington. In … Continue reading Marijuana – Is it Economic for You?
World War III – The Currency War
Are We Entering a Phase of Currency War? After a long period that last for decades, we are now in a time, over the last decade or so, where wars are fought using currencies rather than using weapons. Countries realize that it is easier, cheaper and less violent to bring destruction to other countries by … Continue reading World War III – The Currency War