Albert Einstein once said that insanity is doing the same thing over and over again and expecting different results. So here is a quick test to see if you qualify for the trading loony bin.
Market Trading Articles –
Comprehensive listing of the top proprietary trading firms both in the US and abroad.
COMEX gold futures fell sharply in early trading on Monday, losing over $12 per ounce. Recent positive economic data out of the US, including a robust employment report, has fueled speculation that the Federal Reserve may hike interest rates sooner than expected. Analysts will be watching very carefully the wording of the FOMC statement on […]
The Russian Rouble is trading near all-time lows against the US Dollar amid the recent collapse in oil prices and sanctions over the crisis in Ukraine. Economists anticipate that the Bank of Russia will raise its key interest rate to as high as 12% from 9.5% when they meet on Thursday. The sharp selloff in […]
NYMEX crude oil futures started out the week by trading lower for the fifth consecutive day, nearing the lowest levels since July of 2009. Crude oil prices have sold off sharply since July of 2014, amid rising levels of supplies and OPEC’s decision to leave its output target unchanged. Crude oil futures prices fell to […]
The Euro weakened to its lowest levels against the US Dollar since August of 2012 in early trading on Wednesday. The pair had formed a double bottom at the 1.2353 level which was violated during the London trading session. Markit Financial Information Sevices reported on Wednesday that Eurozone Final Services PMI came in at 51.1 […]