The polls are open in Italy, as Italians choose a new government in a general election. Results will become known early morning hours, as Forex markets open and trading gets underway in Asia.
In my previous piece a couple of days ago, I was too early in painting a picture of general market indifference to the testimony before Congress of the new Federal Reserve Chair Jerome Powell.
The new Federal Reserve Chair Jerome Powell has just delivered his first semiannual monetary policy report to the U.S. Congress.
Browsing through a trading forum on the web today, I was surprised to see a recent posting about a trading strategy which was based upon mean-reversion to a pivot point.
One of the best ways to make profit in the market over recent years is by buying leading stocks in the American stock markets, holding them through bull market cycles.
The controversial South African President, Jacob Zuma, finally resigned from office last week as it became clear he would not survive a scheduled confidence vote in the South African Parliament after having been abandoned by his party
Since the U.S. stock market made a sharp correction against the long, strong bull market at the beginning of this month of February, I have been warning against buying the dip too early.
After a lengthy period of low volatility in the market which finally came to an end a few weeks ago, traders now have a good, active market, but things are not as clear-cut as we might like.