Stocks: Sentiment Improves, Fed in Focus for Next Week
Stock prices extended their gains, but will they keep rising?
Stock prices extended their gains, but will they keep rising?
Silver broke the $30 level following rally in gold prices.
Gold price reached new records on economic data, Fed meeting next week.
Will stocks continue their rally after the higher-than-expected PPI data?
Silver price remains near $29, as markets await PPI data, ECB decision.
Paul Rejczak’s approach to the market is based on an analysis of recent and historical price movements, in conjunction with events or fundamental data that may influence short- to medium-term price trends.
Purely technical market analysis can lead to a lot of misleading signals, but when combined with an analysis of events that can potentially trigger changes in sentiment, an optimal and profitable strategy develops for the long term. In his Stock Trading Alerts Paul analyzes the main indicators of the stock market’s behavior, focusing on the S&P 500 index of the New York Stock Exchange. The trader can take positions on index futures, ETFs, or options. Each position will have its own target profit level and a point at which it should be closed with the smallest possible loss (stop-loss level) while maintaining a favorable risk/reward ratio.
Paul Rejczak is a stock market strategist who has been known for the quality of his technical and fundamental analysis since the late nineties. Paul has made his name by developing mechanical trading systems and he is interested in forecasting market behavior based on both traditional and innovative methods of technical analysis.
At Golden Meadow, Paul is currently developing the Gold Price News and publishes the daily Stock Trading Alerts, a premium product designed for those who want to stay on top of movements in the S&P500.