Synapse HFT Weekly Market Updates (25/01/15) – Gold & Silver the Next Big Thing?

For this week, we will be looking at an overview of the weekly performance of the global markets (equities, forex, Gold, ETFs, etc), followed by some detailed analysis and trading tips in the stock and forex markets. Click below to unlock for free! 😀

In addition, I will also be sharing insights from a few other speakers, such as John Bollinger and Daryl Guppy, whom I met over the weekend at a seminar.

Weekly Market Updates & Hands-free Trading (HFT) Opportunities for the Week Ahead:

(Click on any of these buttons below to unlock; for mobile device users, please click twice)

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Global Markets Overview 25/01/15

Global Markets Overview 25/01/15

 

As you can see from the one week performance comparison created by the Synapse HFT Stock Scanner, equity indices were mainly bullish for the week. Volatility has gone back down after the surge last week, as indicated by the 25.6% decrease in the VIX (volatility index) over last week.

European markets (related to the Eurodollar) continued strong gains from last week, with the DAX (Germany), Euro STOXX, CAC (France) all gaining between 4.7-6.0% for the week.

Gold also continued its strong climb, gaining another 3.0% for the week, reversing its long-term downtrend, and now has a net gain of 1.8% over the past 1 year (refer to the 1 year column in the scan above).

Asian markets also had decent gains for the week, and the SSE (Shanghai Stock Exchange) had a slight 0.7% correction this week, but still maintains the gain leader with 12.8% gains over the past 1 month.

The US dollar continued to strengthen, gaining 2.3% for the week, and has so far gained 10.2% over the past 3 months. The Dow and S&P 500 had slight gains this week, however they are still down based on the past 1 month returns. Since there is no obvious sign of any reversal downwards, this is likely to be just another correction, albeit a slightly longer one.

 

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John Bollinger, Creator of the Bollinger Bands

 

Last Saturday, I attended a seminar by John Bollinger, Daryl Guppy, and some other speakers, and here are some of the points mentioned:

  • Buy Gold, especially against currencies that are weakening, eg. Long XAU/EUR.
    • This is agree with, as I am already long on Gold, and I have about 5-10% of my portfolio in Gold.
  • EUR/USD is expected to continue falling to 1.08.
    • I will continue holding my short positions, and perhaps pyramid along the way instead of scaling out to maximise profits.
  • Crude oil will continue to fall to below $40 (~$35), stay there for 3-4 months, before heading back to $70. Due to the higher production cost of shale oil, many mining companies in the US might go bust and put a squeeze on the supply side.
    • I am already vested in oil, in the form of my ETFs and holdings in Keppel Corp. If oil continues to drop, I am ready to buy more as I am confident of the eventual recovery of oil as well.
  • Potential strong run on the Shanghai index. Asian markets like China, India and Indonesia have lots of potential to run up.
  • Fed remains dovish, but will not stop the dollar from getting stronger this year. As a result, USD/JPY will likely continue heading up, with the next resistance at 125.50 and 130.00
    • I have been keeping an eye for a chance to go long, as it has been pretty bouncy and I got stopped out the last time I tried to go long earlier this year
  • US equity markets will continue to go up, with the S&P 500 reaching a target of 2300
  • Silver to start a strong run and head to 23, then 30
    • I will start keeping an eye on this 😀

 

Source: www.forexfactory.com

Source: www.forexfactory.com

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Good luck! And happy trading! $$$ 😀

Upcoming Events

On the 27th and 29th of January, I have been invited by City Index and CIMB Securities as a guest speaker, so I will be conducting a free 2-hour content-packed workshop to share my trading secrets of how I achieved financial freedom at 27 by spending only 15 minutes a day trading, and how anyone can do it once they pick up the right skills. Seats are very limited, so please turn up if you RSVP! Thanks! 😀

27th January 2015 (Tuesday) at City Index
https://www.eventbrite.sg/e/free-workshop-the-7-best-kept-secrets-of-professional-traders-live-tickets-15106261234

29th January 2015 (Thursday) at CIMB Securities
https://www.eventbrite.sg/e/free-workshop-the-7-best-kept-secrets-of-professional-traders-live-tickets-15386480377

Click here to find out more about the free workshop syllabus (and get a free starter guide):
http://synapsetrading.com/free-workshop-7-best-kept-secrets-professional-traders-live/

 

New Training Program intake – Early bird special!

We have just opened the registration for the March intake of the Synapse HFT Training Program, and seats are filling fast!
We only conduct this training program once every quarter to a selected intake, so sign up early to avoid disappointment, or you might have to wait another 3 months for the next intake!
Click here to find out more: http://synapsetrading.com/the-synapse-program/

 

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About the author

Spencer Li is a trader, investor and entrepreneur who currently manages his own portfolio of stocks, REITs, currencies, cryptocurrencies, properties, and businesses. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media. As an international speaker and avid globetrotter, he has travelled to over 50 countries to spread his knowledge.

 

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