Todays Markets

Economic Calendar
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Trading Sentiment​​​​​​​
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
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Latest News Headlines
Bloomberg: Stocks Pause as Catalan Deadline Looms; Kiwi Sinks: Markets Wrap
Stocks meandered as investors shrugged off Chinese economic data that showed a solid pace of growth and as the clock ticked toward Catalonia’s Thursday deadline to give up claims to independence. The New Zealand dollar plunged after the Labour Party won support to form a new government. [more...]
Bloomberg: Investors Ask Goldman Sachs How to Prepare for an Aussie Stock Sell-off
Betting against Australian stocks with weak momentum has been one of the most consistently profitable methods to profit from a market downturn, according to analysis from Goldman Sachs Group Inc. [more...]
Bloomberg: China's Economic Growth Remains Intact as Party Leaders Meet
Robust factory output and consumer spending kept China’s economy humming in the third quarter, giving President Xi Jinping a firm footing to rein in excess capacity, curb pollution and shift to a more sustainable growth path. [more...]
Bloomberg: Australian Jobless Rate Unexpectedly Drops on East-Coast Hiring
Australian unemployment unexpectedly dropped in September after a burst of hiring in the two most populous states. [more...]
Reuters: Asia stocks shed gains after data shows slower China growth
Asian stocks shed early gains on Thursday, pulling back from decade highs, with Chinese equities leading the way lower after data showed growth in the world’s second largest economy slowed slightly in the third quarter. [more...]
Reuters: Thirty years ago this week, Wall Street slid into the abyss
30 years ago the Dow Jones Industrial Average had lost 22.6 percent in one day, equivalent to a drop of about 5,200 points in the index today. The benchmark U.S. S&P 500 index plunged 20.5 percent on Black Monday, equal to a drop of over 520 points today, and the Nasdaq dropped 11.4 percent, comparable to a drop of about 750 points. [more...]
CNBC: China reports 6.8% third-quarter GDP growth, meeting expectations
China reported third-quarter growth data Thursday that met expectations, but was a tad lower than the second quarter's 6.9 percent expansion. [more...]
CNBC: China's central bank just warned of a sudden collapse in asset prices
China will fend off risks from excessive optimism that could lead to a "Minsky Moment," central bank governor Zhou Xiaochuan said on Thursday, adding that corporate debt levels are relatively high and household debt is rising too quickly. [more...]CNBC: London is the European hotspot for venture capitalists when it comes to fintech
London remains the top European city for venture capital investment in financial technology firms, according to data released by Mayor Sadiq Khan's promotional agency. [more...]

Currency Strength Indicators
Image
​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here

Trade with the Trend! Join today by clicking below and know which way to trade by accessing our market directional signal!

Disclaimer Notice

Past performance is not indicative of future results. Trading stocks, options, forex, CFDs and equites carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

The information provided by Edvesting.com should not be relied upon as a substitute for extensive independent research which should be performed before making your investment decisions. Edvesting.com are merely providing this information for your general information. The information and opinions presented do not take into account any particular individual's investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision and should tailor the trade size and leverage of their trading to their personal risk appetite.

Edvesting.com and/or its owners will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained on Edvesting.com. Edvesting.com does not render investment, legal, accounting, tax, or other professional advice. If investment, legal, tax, or other expert assistance is required, the services of a competent professional should be sought.

Todays Markets

Economic Calendar
Image
Trading Sentiment​​​​​​​
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
Image
Latest News Headlines
Bloomberg: Caution Prevails as China's Xi Delivers Key Speech: Markets Wrap
A sense of caution gripped markets as China’s President Xi Jinping spoke at the opening of the Communist Party Congress, with investors assessing the magnitude of recent gains in global equities. [more]
Bloomberg: Xi Plans to Turn China Into a Leading Global Power by 2050
President Xi Jinping warned of “severe” challenges while laying out a road map to turn China into a leading global power by 2050, as he kicked off a twice-a-decade party gathering expected to cement his influence into the next decade. [more]
Bloomberg: Here Are Key Takeaways From Wall Street's Third-Quarter Earnings
As earnings season for the biggest banks drew to a close, Morgan Stanley and Goldman Sachs Group Inc. joined other major U.S. lenders in showing the advantages and drawbacks of calm markets. [more]
Bloomberg: Housing Should Be for Living In, Not for Speculation, Xi Says
Chinese President Xi Jinping renewed his call to ensure housing market stability and pledged that authorities will help meet demand by adding more supply of homes. [more]
Bloomberg: Qatari Banks Cut Dollar Sales to Foreign Lenders
Some Qatari banks are becoming less willing to sell dollars to foreign lenders amid a lingering regional standoff with a Saudi-led alliance, according to people familiar with the matter. [more]
Reuters: Asia shares camp near peaks, China's Xi talks reform and stability
Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as the opening of China’s Communist Party conference produced more in the way of aspirational politics than concrete policies. [more]
Reuters: Oil prices rise on tighter U.S. market, Middle East tensions
Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. [more]
CNBC: China's Qudian is about to go public and it could be the largest Chinese listing in the US this year
Online micro-lending company Qudian is about to go public at the New York Stock Exchange on Wednesday, and it's set to be one of the largest U.S.-listed floats by a Chinese company this year. [more]
CNBC: Why Trump's stance on Iran could backfire
President Donald Trump's decision to slap sanctions on Iran's elite Revolutionary Guards is the "exact opposite" of what Washington should be doing if it wants to effect peaceful change in the Middle Eastern country, one analyst has told CNBC. [more]
Currency Strength Indicators
Image
​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here

Trade with the Trend! Join today by clicking below and know which way to trade by accessing our market directional signal!

Disclaimer Notice

Past performance is not indicative of future results. Trading stocks, options, forex, CFDs and equites carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

The information provided by Edvesting.com should not be relied upon as a substitute for extensive independent research which should be performed before making your investment decisions. Edvesting.com are merely providing this information for your general information. The information and opinions presented do not take into account any particular individual's investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision and should tailor the trade size and leverage of their trading to their personal risk appetite.

Edvesting.com and/or its owners will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained on Edvesting.com. Edvesting.com does not render investment, legal, accounting, tax, or other professional advice. If investment, legal, tax, or other expert assistance is required, the services of a competent professional should be sought.

S&P Levels of Interest for 18 October 2017

R3  2563.25     R2  2561.17     R1  2559.08
Daily Pivot  2555.67
S1  2553.58     S2  2550.17     S3  2548.08
   Hi    2559.75   2561.85
Low  2554.25   2552.15

Program Trading for 18 October 2017

  Sell Programs No Programs Buy Programs
Index Sell
Active (SA)
Sell
Threshold (ST)
Fair Value
(Premium) (FV)
Buy
Threshold (BT)
Buy
Active (BA)
S&P
500
(TM)
-3.84 -3.15 -2.23 -1.26 -0.53
NASDAQ
100
(SM)
-2.85 -0.94 1.63 4.58 6.79
Dow Jones
Ind. Avg.
(SM)
-66.98 -62.92 -57.50 -47.92 -40.75

Todays Markets

Economic Calendar
Image
Trading Sentiment​​​​​​​
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
Image
Latest News Headlines
Bloomberg: Asian Stocks to Gain as Fed Chair Talk Hits Bonds: Markets Wrap
Stocks in Asia paused near recent highs as concerns about North Korea reemerged, while Australian bonds fell with Treasuries as speculation climbed that the next head of the Federal Reserve will be more hawkish. [more...]
Bloomberg: Love Sick: U.S. Market Sentiment Index Flashes Sell, BNP Says
If you really love the U.S. market right now, you should let it go. That’s according to the BNP Paribas Love-Panic U.S. Index, a contrarian indicator tracking a broad series of data to gauge when investors have become blinded by their emotions. [more...]
Bloomberg: Airbus Tie-Up With Bombardier Is Challenge for China's Ambitions
Airbus SE plans to buy a majority stake in Bombardier Inc.’s C Series passenger jet program, injecting critical financial support and expertise into a project that may test China’s aircraft-selling ambitions. [more...]
Bloomberg: The Money-Losing Volatility Trade That Hedge Funds Can't Resist
While so-called long volatility strategies have been some of this year’s worst performers, everyone from Nobel laureate Richard Thaler to BlackRock Inc. Chief Executive Officer Larry Fink has warned that the unusual state of calm in markets may not last. [more...]
Bloomberg: Dollar Rises to High, Jolted by N. Korea Talk, Fed Speculation
The dollar extended gains late Monday after economist John Taylor was said to make a favorable impression on President Trump during an interview for the position of Federal Reserve chairman. [more...]
Bloomberg: Fraud Isn’t Among the ‘Real Concerns’ RBC Chief Has With Bitcoin
Royal Bank of Canada’s David McKay said he has “real concerns” about bitcoin. But unlike JPMorgan Chase & Co.’s Jamie Dimon, fraud isn’t one of them. [more...]
Reuters: Oil elevated as Iraq tensions escalate, Asian shares hold firm
Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares held firm on optimism about upcoming earnings. [more...]
CNBC: Trump is toying with Iran — and another US adversary is watching
President Donald Trump's apparent willingness to exit an agreement with Iran could undermine any hope of negotiations with another adversary: North Korea. [more...]
CNBC: Why investors in Europe should be cautious on the upcoming earnings season
With another earnings season in Europe about to kick off, one equity analyst is concerned that European firms won't deliver as much return as was expected at the start of the year. [more...]
CNBC: North Korea says 'a nuclear war may break out any moment'
North Korea's deputy U.N. ambassador warned Monday that the situation on the Korean Peninsula "has reached the touch-and-go point and a nuclear war may break out any moment." [more...]

Currency Strength Indicators
Image
​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here

Trade with the Trend! Join today by clicking below and know which way to trade by accessing our market directional signal!

Disclaimer Notice

Past performance is not indicative of future results. Trading stocks, options, forex, CFDs and equites carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

The information provided by Edvesting.com should not be relied upon as a substitute for extensive independent research which should be performed before making your investment decisions. Edvesting.com are merely providing this information for your general information. The information and opinions presented do not take into account any particular individual's investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision and should tailor the trade size and leverage of their trading to their personal risk appetite.

Edvesting.com and/or its owners will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained on Edvesting.com. Edvesting.com does not render investment, legal, accounting, tax, or other professional advice. If investment, legal, tax, or other expert assistance is required, the services of a competent professional should be sought.