Η Πράξη Νομοθετικού Περιεχομένου (ΠΝΠ) για κατάθεση των ταμειακών διαθεσίμων των φορέων της γενικής κυβέρνησης στην Τράπεζα της Ελλάδος προκειμένου να χρησιμοποιηθούν αν χρειαστεί για τη σύναψη repos που δημοσιεύθηκε χθες στην εφημερίδα της κυβέρνησης δεν είναι τίποτα περισσότερο από την τυπική επικύρωση μιας διαδικασίας που έχει ξεκινήσει άτυπα εδώ και περίπου δύο μήνες. Η […]
Read MoreΟι μεγαλύτεροι κάτοχοι Αμερικανικού χρέους
Το χρέος των Ηνωμένων πολιτειών μέχρι και τον Ιούνιο του 2013 ήταν περίπου 17 τρις δολάρια, συγκεκριμένα 16,763 τρις (πηγή: Financial management service, Ownership of Federal securities). Η διαδεδομένη αντίληψη ότι το μεγαλύτερο μέρος του είναι στα χέρια της Κίνας είναι λανθασμένη. Για την ακρίβεια η Κίνα είναι ο μεγαλύτερος εξωτερικός δανειστής της Αμερικανικής κυβέρνησης […]
Read MorePossible breakdown in Greek stock exchange
As we described in a previous article a short term downtrend has been formed in the Greek stock exchange. In the last four days the general index is consolidating near 1150 points and it is creating the right environment for a breakdown (see chart below). In combination with the line of the downtrend, we have […]
Read MoreApplication of a simple strategy in EUR/USD
In this example we can see the application of our core strategy (described here). It is a combination of a trendline and a candlestick pattern which is used as a confirmation before we open a long position. The candlestick pattern that confirms the reversal of the trend in EUR/USD chart below is named three stars in the […]
Read MoreS&P 500 runs out of fuel
The green and the red elongated and consecutive candlesticks (circled in the SPY chart below) are an indication of ambivalence between bullish and bearish sentiment. This ambivalence when the chart is on new highs augments the possibilities of short term correction. Notice that the length of the candlesticks is of great importance here. I wouldn’t […]
Read MoreShort term downtrend in Greek stock exchange
As we can clearly see in the chart below the index of the Greek stock exchange has already formed three consecutive lower highs and lower lows (we need at least two in order to define a downtrend). This is a high probability indication that the index will be in a short term downtrend. Under these […]
Read MorePossible upward movement in S&P 500
Despite the shutdown of the US government and the anxiety it brings to investors/traders we have indications of an upward movement for the major US stock indices. The three last candlesticks of the daily chart of S&P 500 (below) are forming a morning star bullish reversal pattern. This is happening on an up slopping trendline […]
Read MoreLong signal in Greek bank stocks
At least relatively to bank stocks in the Greek stock exchange the prior downtrend that has been developing from November 2012, shows clear signs of reversal. As we can see in the charts of the three basic Greek bank stocks we have at least two higher consecutive lows (A,C) and two higher consecutive highs (B,D). These […]
Read MorePossible long in ORCL
One of the best strategies that I use is looking for stocks that in the context of an upward market they are visiting a trendline or horizontal support after a downward correction. A possible candidate for the initiation of a long position is Oracle (ORCL). As it is obvious from the daily chart below a […]
Read MoreHedging in assets denominated in foreign currency
This article describes in a simple and straightforward way how someone can be protected against currency fluctuations in case he/she has opened a position in a foreign asset (asset denominated in another currency). Suppose that you are a US citizen and you have bought 500 shares of Toyota motor in the Japanese stock exchange. Each […]
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