Is the Utilities Sectors the Place to Hide? – XLU
Thursday was brutal for the bulls as the bears pushed the DOW some 266 points lower and the entire list of S&P 500 sector ETFs suffered at the hands of the bears.
Curve Ahead Market Strategies
Wal-Mart to shut down its outlet in Hangzhou
Wal-Mart Stores Inc (WMT, quote) , the world’s largest retailer by revenue, plans to shut down another underperforming store－in Hangzhou, Zhejiang province－in late April, while a compensation dispute with employees from an inland store that closed in March remains unsolved.
GBPUSD Forecast April 11, 2014, Technical Analysis
The GBPUSD pair fell during the bulk of the session on Thursday, but bounced enough to form a little bit of a hammer.
AUDUSD Trend Continuation Setup (April 11, 2014)
AUDUSD made a strong rally yesterday thanks to upbeat jobs data, but it was unable to sustain its rally when Chinese CPI came in weaker than expected today.
AUDUSD Daily Analysis – April 10, 2014
AUDUSD remains in uptrend from 0.9205, and the rise extended to as high as 0.9439.
USDJPY Daily Analysis – April 10, 2014
USDJPY remains in downtrend from 104.12, the rise from 101.55 is likely consolidation of the downtrend.
EURUSD Trend Reversal (April 10, 2014)
EURUSD recently broke above a falling trend line on its 1-hour time frame, indicating that the downtrend is already over.
Escalation In Ukraine Pushes Brent Toward $108
Brent crude oil (BNO, quote) ticked up as tension in Ukraine grew. The commodity traded at $107.50 at 6:20 GMT after reports that pro-Russian groups had seized government buildings in several eastern Ukrainian cities.
EURUSD Daily Analysis – April 9, 2014
EURUSD broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 1.3966 had completed at 1.3672 already.
Update
I wanted to give all our subscribers a quick up date.