Technical Summary 08 October 2015

October 8th, 2015
in contributors, syndication, forex Technical Analysis (as of Thu, 08 October 2015 05:00pm EST)

by Staff,

Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the close of the 08 October 2015 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.

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Canada’s Economy Reaccelerates

October 8th, 2015
in contributors

Investing Daily Article of the Week

by Ari Charney, Investing Daily

Given the extent of the oil shock, it's probably too soon to say that Canada's economy is fully on the mend. But most economists had expected the country's gross domestic product (GDP) growth to reaccelerate during the latter part of the year after an atrocious first half.

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Emerging Market Currencies Anxiously Await Fed Decisions in 2015

October 7th, 2015
in contributors, syndication

The Fate of Emerging Market Currencies Hangs in the Balance!

Written by , Intertrader

Emerging market currencies are feeling increasing pressure ahead of the upcoming two Fed meetings. An interest-rate hike would most certainly send EM currencies to their nadir.

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Apple Stock Price Looks Appealing to Carl Icahn (AAPL)

October 7th, 2015
in contributors

Money Morning Article of the Week

by David Zeiler, Associate Editor, Money Morning

Having fallen more than 10% since late July, the Apple stock price just may be ripe for more buying, according to activist investor Carl Icahn.

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Was That The Bottom?

October 6th, 2015
in contributors

by Lance Roberts, StreetTalk Live

Earlier this week, I penned a discussion on whether this past week's retest of the previous lows was a successful retest of the previous lows or potentially just a bounce on the way lower?

"With the market once again very oversold on a short-term basis, it is likely that the markets could manage a weak rally attempt over the next few days. The good news is that such an attempt will provide individuals another opportunity to reduce portfolio risk accordingly.

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