Skip to main content

Displaying 5113 - 5124 of 11996

All Star Charts Premium

The Canadian Dollar Stands Strong

July 13, 2022

From the Desk of Ian Culley @IanCulley

It’s inescapable. If you haven’t read it in the news, seen it on Twitter, or heard it from a co-worker, here’s the scoop…

The euro has tumbled to parity with the dollar for the first time in almost 20 years!

That’s the big news in the currency markets these days. Sure, it’s a significant development.

But what currency isn’t falling against the US dollar right now?

It’s an interesting question. And it draws our attention to the Canadian dollar.

Let’s take a look.

Here’s a chart of the USD/CAD cross:

While the US dollar steamrolls everything in sight and prints fresh decade-highs against most major currencies, it’s still dealing with last year’s highs against the Canadian dollar.

[Options] Putting on a Staple Position

July 13, 2022

Volatility still remains relatively high across the board, with this morning's trading action further boosting it.

I'm on the hunt for some delta-neutral, short-premium plays to take advantage of this environment. But the trick is finding an instrument that is showing signs of potential range-bound action. Too many of my go-to sector ETFs are trending (mostly lower) and trends are the enemy of delta-neutral strategies.

I had to dig a little, but I think I found the right instrument for us to earn some options premium in.

Develop Your Cosmic Perspective

July 13, 2022

From the Desk of Louis Sykes

They're everywhere.

The long-awaited James Webb Space Telescope images...

Moments like these are not only significant for the scientific quest. They also deeply change the human condition and what we think is possible.

When Copernicus discovered the heliocentric model -- that the universe doesn't rotate around Earth -- it humbled humanity.

When Newton discovered that the motion of the celestial bodies followed strict laws of mathematics, it gave a seemingly entropic universe order.

When man landed on the moon, it changed our entire perception of what's possible.

And when the Hubble Space Telescope and the more recently launched JWST send back awe-inspiring images, it gives us a perspective of the cosmos we've never seen before.

Chart of the Day: New All-time Lows

July 13, 2022

You can't overstate what a bully the Dollar has been towards stocks in the U.S. and around the world.

We've talked about new 20 year lows for Japanese Yen, and the recent parity with the Euro, of course.

But now take a look the Emerging Markets Currencies ETF breaking down to new all-time lows:

Not an inflation hedge. Not a safe haven.

July 12, 2022

The S&P 500 just had its worst first half in more than 50 years.

Based on CPI, if you’re in cash, you’re losing 8.5% a year.

This was the worst start to the Bond Market since 1842.

So what do you think gold is doing in that environment?

Down near new 52-week lows...

All Star Charts Crypto

Walk Away

July 12, 2022

Sometimes it's just best to ignore breakouts.

It's all about knowing what environment we're in and adjusting our tools and strategies accordingly. In environments like these, buying into breakouts is a dangerous game.

Seriously, take a look at the failed breakouts all over the place.

Pull up a watchlist of cryptos and you'll see a ton of whipsaws.