Momentum in firm fundamentals, i.e., earnings, explains the performance of strategies based on price momentum, according to Robert Novy-Marx, a professor at the Simon Business School, University of Rochester.
Despite the FOMC’s comments a few weeks ago which spooked the FX markets, Andy Dodd, Head of Technical Research at Louis Capital Markets, believes that longer-term not much has really changed for the US dollar.
Ari Wald, Technical Analyst at Oppenheimer, recommends buying NYSE-listed XPO Logistics.
The S&P 100 Index is looking vulnerable, according to Walter Zimmermann, Senior Technical Analyst at United-ICAP, who points to the presence of an ominous bearish rising wedge.
The downtrend in Crude remains intact on all timeframes, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
The S&P 500’s bull cycle should continue to reach new highs in the comings weeks to months, according to Ari Wald, Technical Analyst at Oppenheimer.
Amber Hestla-Barnhart, winner of the MTA’s Charles H. Dow Award, shows how to build a trading strategy around the ‘VIX Fix’.
Shorter-term Investors should look at taking profits in European equities and switching to China or Brazil, according to Michael Hartnett, Chief Investment Strategist at BofA Merrill Lynch Global Research.
There are signs that the S&P’s bull market is “truly mature”, according to Riccardo Ronco, Head of Technical Analysis at Aviate Global in London.
Topside risks are building for USD/CAD as weakness in crude oil prices threatens to send USD/CAD higher, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.