Week Ahead - US Election Finally - Rates and NFP
Posted on November 3, 2008 at 5:43 in Fundamental Analysis, News: Scheduled and Breaking, Relevant Ramblings by Jerry FurstNo Comments »
By Jerry Furst - Sr Analyst
 
The Week Ahead - Calendar and Webinars

For my summarized Scheduled Economic Calendar - Click Here

Monday - US Election Coverage Goes Parabolic!

I’m expecting the markets to be really quiet Monday and Tuesday as the world sits back and pops enough pop corn for the next few days (or maybe weeks). For Americans - It’s time to decide if you are Red or Blue. IMO the 2 party system, with the primary in Iowa and New Hampshire filtering out the majority of candidates is a sham. Am I the only person frustrated with this hypocrisy?
 
Tuesday - US Election Finally !?
Drum Roll Please - and the winner Tuesday - I mean Wednesday - or Maybe by Friday is? YOU! Yesss! It should finally be over, the election that has taken longer than light from the edge of the universe! Worse than Water Boarding in the Caribbean, do you think that the public will be given a chance to get back to the nauseating reality of real news and what really matters like… Who is Jennifer Aniston dating?  
 
Wednesday - US Election Finally - Over?
There will also be a heads up on Friday’s NFP as ADP and a few others report on employment data.  Did they finish counting yet?
 
Thursday - US Election - Over?
“Over? - Was it Over when the Germans bombed Pearl Harbor?” - John Belushi
Interest rates out of the Euro zone and the UK are expected to be lowered. The actions of the ECB and BOE are widely expected and probably no surprise to the charts.
Friday - US Election - 2010 Next! 
Yes - it’s not too late to start campaigning for 2010 - Don’t worry about 2012 - the Mayan calendar comes to an end. But then again that should not stop CNN from running Hillary vs Sarah ads next week.  Non Farm Payroll report will be watched carefully and then at the end of the day/week in the US - Consumer Credit comes out at 3pm EDT and that may roil the markets into the close of trading what may prove to be - quite a week ahead.  Stay Tuned….
    
The Week Ahead - Calendar and Webinars

 For my summarized Scheduled Economic Calendar - Click Here

***  Attend A Free Live Market Coverage and Technical Analysis Webinar ***

Click Here to Register for this weeks “1st on Forex” The Week Ahead Webinar  - Every Monday at 12 Noon EDT

Jerry Furst is Sr Technical and Market Analyst and Founder of Investors Education Network (IEN), He is a an active trader, educator, mentor, and trading coach to Select Clients 
 
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Last Week and The Week Ahead
Posted on October 26, 2008 at 3:43 in Fundamental Analysis, News: Scheduled and Breaking, Technical Analysis by Jerry FurstNo Comments »
By Jerry Furst - Sr Analyst
Last Weeks Chart Analysis Results

700 Pip Targets Hit in 48 Hours - Dollar Continues Amazing Rally - Technicals Look Great

Greenspans Admits to Flawed Reality of Greeds Span

The Senate oversight committee with testimony from former chairman Greenspan, Treasury Secretary Snow, and SEC Commissioner Cox was barely covered by the networks. It amazes me that the pundits and judge Judy can talk over and over rule what could have been the most important testimony broadcast to date as to what happened and why there was so little oversight.   Given the fact that Tax payer dollars are being used - you would think the tax payers should be given the opportunity to listen to the testimony - un interrupted if they wanted to.  But no reason to bore the people with the facts from the sources directly - better we get some 4th party opinion to talk over the testimony in between commercials.

The Week Ahead - Calendar and Webinars

 Summarized Scheduled Economic Calendar - Click Here

***  Attend A Free Live Market Coverage and Technical Analysis Webinar ***

Click Here to Register for this weeks “1st on Forex” The Week Ahead Webinar  - Every Monday at 12 Noon EDT -

FOMC and US GDP Report Live Webinars Ths week - Click Here to Register

Jerry Furst  is an active trader, educator, and Founder of Investors Education Network (IEN), He is a Mentor and Trading Coach to Select Clients  Click Here for a Free Self Evaluation Survey.

 

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Markets in Turmoil Ahead of FOMC Interest Rate Decision
Posted on September 16, 2008 at 1:44 in Fundamental Analysis, News: Scheduled and Breaking by Jerry FurstNo Comments »

What Would You Do With Interest Rates?

The Federal Reserve is scheduled to make an interest rate announcement tomorrow afternoon - and it comes at a time when Ben Bernanke is walking a tight rope of what to do - and say.  The Dow dropped over 500 points on Monday - the worst drop since the NYSE reopened after the attacks of September 11th.

Free Webinar - Tune in to Live Coverage of the FOMC Announcement visit www.ienweb.com to register

Unexpected Consequences - AIG Looks for Billions

AIG has been downgraded by Moody’s as one of the United States largest Insurance companies has been denied access to federal funds and not even access to a “bridge loan” that would give the company time to sell some assets - However, it is being reported that AIG is in need of $75 Billion

Oil Drops well below $100 - Dollar Hangs Tough

The US Dollar has given up some ground - but surprisingly not that much. It appears that the unwinding of several trades and the need for cash transactions may be holding the greenback up as a necessary instrument of trade. Oil positions are likely being liquidated and so all the selling is dropping the price.

Free Webinar - Tune in to Live Coverage of the FOMC Announcement visit www.ienweb.com to register

 

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