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  • Fiscal Cliff Winners and Losers

    From dailyforextradingedge.com

    The fiscal cliff story has taken a positive turn with just eight trading days left for 2012. This a two-day rally punctuated by House Speaker Boehner’s comments this morning. This equities rally could be called the “Plan B” rally where it seems that there is some Republican flexibility to budge on the tax rates for highest earners. The $250k number has transitioned into $400k. Any back up plan is perceived by the market as forward progress and therefore confirmation of the optimism that’s being baked into the cake. The Dow and S&P are obvious winners for any sort of progress, compromise, and eventual ... (full story)

As for the SP500 has to go up, futures closed Friday!
The index of the dollar has a huge gap to close on 16 September, which has not yet been closed!
Regarding gold, first, the order of soybeans from China has been canceled and it seems commodities are all related, more changes dodd frank bill, will require, it seems, to pay taxes for those commodities holds, namely gold!
Although the yelds ten years have been rising!


This is just my opinion!

If anything else, please'm willing to learn!
  •  Guest
  • | IP XXX.XX.157.198
We are definitely going over the fiscal cliff. Even if Republicans concede the 500k number, there are no spending cuts and Obama is not going to budbe on the debt ceiling blank check. The 2 sides are very far apart.
Yes and the SP500 continues to climb!
wow.. Eur continue climb ? Gold continue fall ?
what about oil ??
Anyway, it's december, anything could happen..
Manage equity will always make profit...
Quoting k3nshinz3139
wow.. Eur continue climb ? Gold continue fall ?
Santa sells Gold and buy EUR? lol
Quoting frx_trader
Santa sells Gold and buy EUR? lol
Haha... Why Santan dont present us XAU too.. Rally to 1800 please
Hi Guys a bit of a newbie why is it if USA come to an agreement that it makes the Dollar weaker

Thanks Steve
  •  Guest
  • | IP X.XXX.125.224
Quoting stevelacoste
Hi Guys a bit of a newbie why is it if USA come to an agreement that it makes the Dollar weaker

Thanks Steve
You gain something when you lose something , and vice versa .
it is not Federal who has to agree for weaker dollar , but when acounts settle things imbalances and may result in weaker or stronger currency .
measure every aspect on fair trade basis ,atleast before hand .
hope you got the clue for analysis .
Quoting k3nshinz3139
Haha... Why Santan dont present us XAU too.. Rally to 1800 please
I'm with you buddy! Waiting for that rally to 1800 & then beyond!
the trends in place NOW are all that matter.
Trout is absolutely right.....now again it proves that 'Trend is the best and most reliable friend'
Quoting stevelacoste
Hi Guys a bit of a newbie why is it if USA come to an agreement that it makes the Dollar weaker

Thanks Steve
when cliff is decided (regardless what it is) companies will be able to make decisions for 2013.

the weak dollar means to stimulate the economy.
plus the easing till 2014 will surely weaken the $.
but there are more factors in the market that u might want to watch, like the kamikaze abe & the spartan show. hope that helps
  •  Guest
  • | IP XX.XX.28.210
the trend my friend Trout is that USD is going down, which projected forward means SP and Dow are going down. If USA does indeed go down, long may they swim in the city of Atlantis. way down below the ocean she lay deep, like swimming in the centre of the earth. p.s. the Japs will go down even faster.
which trend is that?
Quoting Trout
the trends in place NOW are all that matter.
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  •  Guest
  • | IP XX.XXX.145.223
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  • Story Stats
  • Posted: Dec 18, 2012 5:45pm
  • Submitted by:
     Raghee Horner
    Category: Technical Analysis
    Comments: 16  /  Views: 4,547