Forex Trading Mind
Blog By Adam Lemon - DailyForex.com Chief Analyst
U.S. Stocks and All-Time Highs – Part 2
Last week I presented a data analysis of the historical behavior of the S&P 500 Index over the last forty years (approximately).
U.S. and U.K. Central Bank Decisions
We have now arrived at the business end of this week, with yesterday’s FOMC decisions and guidance followed by today’s monthly input from the Bank of England bringing the U.S. Dollar and British Pound into focus.
U.S. Stocks and All-Time Highs
Earlier this week, I noted that the U.S. stock market – represented by the benchmark S&P 500 Index – was just a shade off its all-time high price.
U.S. Stocks Just Off All-Time High
While looking at the charts this weekend, I am getting very excited when I zoom out to the monthly S&P 500 Index chart.
Breakouts
I’ve written a lot about how one of the easiest and most reliable trading edges you can find in Forex – and also in stocks, commodities, or anything else
Easter Holiday, Swiss Franc, Greenback
The Easter holiday is upon us, with many western or Christian countries having public holidays either side of a long weekend, although the U.S.A. is open as usual tomorrow, Monday 21st April.
U.S. Stock Market in Focus
The major index used as a standard measurement of the health and value of the U.S. stock market is the S&P 500 Index, consisting of the 500 largest publicly quoted company by market capitalization.
Finally: Some Economic Data
It’s Wednesday, but we just had two whole weekdays with no major economic data releases of any real importance.