Results for stress
1 articles with this tag name
  • This week’s primary influence has been deeply rooted in speculation over stress test results as well as the flood of earnings reports that, so far, indicate that profits are on the rise. These mixed signals have been too much for the Dow to bear. The index was sent back and forth between positive and negative territories. Within the last hour of the trading day, the Dow plummeted off of 60 point gains to end the day down more than 80. Nevertheless, the market may remain range bound until the entire earnings season has played out and all stress tests have been made public. Until this time we may be subject to a constrained trading pattern. The currency markets choose the pound to be the big loser of the day. Otherwise, the dollar rallied against the commodities currencies but fell against the yen and euro.

TRADE IDEAS

  • Trades to Watch
  • Trades in Progress
currency trade idea
AUD/USD
Medium term



Buy Buy at 1.0755
Stop at 1.0681
Target at 1.0834
currency trade idea
GBP/CHF
Medium term
Opened 2/8/2012
Sell Short from 1.4470
Stop at 1.4602
Target at 1.4352
AUD/CAD
Medium term
Opened 2/6/2012
Buy Long from 1.0740
Stop at 1.0655
Target at 1.085
USD/CAD
Medium term
Opened 1/31/2012
Sell Short from 0.9990
Stop at 1.0005
Target at 0.9905
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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