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Bank of Japan Decision Stays Uncertain

23SeptemberVictor MillstoneNewsBank of Japan, Day Trading, Trading International News

The Japanese yen keeps getting harder and harder to trade. The direct consequence that we are seeing because of this is that many of the many financial institutions like the Bank of New York Mellon Corp. are simply abstaining from taking out any new positions that include the yen. JPMorgan Chase has also commented that

Yellen Talks Spike Market

27MayVictor MillstoneStock Market

The biggest news of the week is that the chairwoman of the Federal Reserve, Janet Yellen, has recently reiterated the Fed’s stance that they will remain dovish in regards to rate hikes for the time being, keeping them at the level that they’ve been at since December. That was the first rate hike that there

Worldwide Stocks Show Recovery

2MarchVictor MillstoneNews, Stock Market

At its lowest point in the month of January, the S&P 500 was down about 11 percent. However, thanks to a strong last week, and a particularly strong Friday, the S&P finished down only 5 percent for the month. The S&P is considered to be the most representative index of the U.S. market as a

Dow Jones Starts 2016 Poorly

28JanuaryVictor MillstoneStock Market

The Dow Jones Industrial Average is having a very rough beginning to the new year. Prices have dropped by triple digits two out of the first three days of the new year, and it has set off all sorts of alarm bells for traders. The Dow is comprised of the 30 biggest and most representative

Screening Stocks for Trading

17NovemberVictor MillstoneAsset Trading

It doesn’t matter what kind of short term stock trading you are doing, you need to have a good screening method before you execute any sort of trade. This goes with binary options, too. Binary options do require a higher degree of specialization by default, simply because of the fact that there are fewer choices

Google Moving to Alphabet

25SeptemberVictor MillstoneNews, Stock Market

Google is restructuring. They will be giving themselves a parent company, called “Alphabet,” and there’s a ton of buzz about it right now in the business and financial worlds. As CEO Larry Page said, Google is doing great right now, but they can do even better. Alphabet allows Google to keep doing what they do,

Rollercoaster Day for U.S. Stocks

26AugustVictor MillstoneStock Market

On a day like Wednesday, August 12th, it’s really easy for a trader to lose money. The day started out with very sharp drops. At one point during the day, the S&P 500 had lost more than 30 points. However, the S&P ended up a tiny bit, indicating that although some people lost money, some

Google Has a Big Day

26JulyVictor MillstoneAsset Trading

Google had a big day on Friday, July 17th. The stock exploded by over 16 percent for a $93.08 gain, bringing the stock up to a little over $672 per share. There were obviously a lot of factors that came together to cause this to happen, and looking at what they were can help us

Weekend Prep with Futures Contracts

13JulyVictor MillstoneLearning a Method

Over the weekend is a good time to prepare yourself for the coming trading week. It really doesn’t matter what your asset of choice is, but the weekend gives you a good couple days to regroup and refresh your methods and start coming up with a plan or strategy to use into the next week.

How Gold Moves with Other Assets

9JulyVictor MillstoneAsset Trading

Some assets have a direct impact upon the price of another asset. It’s called the market pull effect, and while it’s never 100% exact, it can be a good measure for whether or not a trade is right at a particular moment. For example, the price of the Australian dollar and gold usually move pretty