Thursday , December 8 2022
Home / Edward Harrison: Credit Writedowns

Edward Harrison: Credit Writedowns

Marc Chandler – China 20th Anniversary Congress –

Last week Chinese President Xi Jinping called for accelerating the building of a world-class military while touting the fight against COVID-19 as he kicked off a Communist Party Congress by focusing on security and reiterating policy priorities. Xi, 69, won a third leadership term at the conclusion of the week-long congress that began on Sunday 16 October morning, cementing his place as China's most powerful ruler since Mao Zedong. Polaris-Live.com asked 7 experts from the United...

Read More »

Crude Oil may be developing and ‘Inverted Head and Shoulder” pattern!

Ken Morrison from “Morrison on the Markets” sits down with Blake Morrow to discuss the commodities market, specifically what is happening in #crudeoil since the last time we spoke. He thinks that the Crude market may be developing a longer-term inverted head and shoulder pattern and things the $85 level or around there, should offer support for the market. Ken also discusses the long-term base in #wheat and how the “hard Red Wheat” contract could breakout higher....

Read More »

Traders Summit Free Online Event: Register Today to join the 21st-23rd October 2022 event! |

Our fourth Traders Summit online trading event will be held in October 2022 from 21st to 23rd. Our world-class speakers are going to deliver some exciting insights regarding the high energy cost and inflation on this upcoming online event on trading. Forex Analytix and Forest Park FX, with the help of Platinum Sponsor Eightcap, have put together an exceptional line-up of world-class speakers all of them recognized as leader in their specific asset class, making each presentation an...

Read More »

Sell A NEW HIGH in the US Dollar if seen!

Jim Welsh of Macro Tides breaks down this week’s jobs report and shows us exactly what he thinks the Fed is thinking and how they will react to this stronger report this week! He discusses in detail how to interpret the JOLTS data, and what it means for the Fed Funds Futures and forecast. He thinks the TLT (Bond market) has bottomed for now and rates will come down. Also, he breaks down his views of the SPX as well. He thinks the US Dollar may have peaked, or the next high should be...

Read More »

There will be NO FED PIVOT! Keep buying dollars!

Richard Matthews from Pardus FX meets with Blake Morrow to discuss the #forex market this week as we head into Nonfarm Payrolls. Richard believes the Fed will not pivot so he continues to look for USD strength near term and thinks selling EURUSD on rallies makes sense. 👍👍 Make sure to like, share, and subscribe to our channel to ensure we continue to deliver these high quality interviews and content.🙌🙌 https://www.youtube.com/channel/UCBgj870Nuvh4k6pXXvymgmA?sub_confirmation=1...

Read More »

Can Gold Break $1700 This Week?

Jim Welsh of Macro Tides talks with Blake Morrow to talk about how the GBPUSD dropped to new all time lows and how the Bank of England responded to it. Jim also discusses the TLT and the bond market. Also, he discussed the S&P 500 and his near term targets. Jim also believes a reversal in gold may be happening and a break of the 1690 level is possible now. 👍👍 Make sure to like, share, and subscribe to our channel to ensure we continue to deliver these high quality interviews and...

Read More »

The “Cable Whisperer” strikes again! Calling for below Parity for the #GBPUSD!

Richard Matthews from Pardus FX meets with Blake Morrow to discuss the rapid fall of the #GBPUSD and how the pair looks to break the parity level on the coming weeks. Richard believes that while the pair is below the 112.00 level traders should continue to short rallies. He also believes the only thing that would turn the GBP higher would be US Dollar weakness which he does not foresee. He also continues to target downside on the #EURUSD and .93XX is his target. 👍👍 Make sure to like,...

Read More »

Market Breadth is Oversold and a Risk of a BOUNCE in Stocks is High!

Jim Welsh of Macro Tides talks with Blake Morrow to talk about how the market reacted to the FOMC this week and how should be looking at the markets in the week ahead. Jim spends his time today discussing the FOMC forecasts and their accuracy this year and how he does think inflation will come down as a recession ensues. He gives us his most recent count on the SPX and thinks any rally above the 4000 level in the SPX should be sold into. Market breadth is very oversold which should be...

Read More »

The S&P has further to fall and at 3000 we may be interested!

Ted Oakley, managing partner of Oxbow Advisors, sits down with Blake Morrow to discuss the markets, housing, inflation, and where Oxbow advisors see opportunities. Currently, Ted believes that stocks continue to be in a bear market and they are positioned with a lot of liquidity. He thinks at the 3000 or 3100 level in the S&P 500 they will start to find value in stocks. Ted also thinks that the housing correction is not over yet for the US housing market as rates continue to soar...

Read More »