The Traderszone Network

April 8, 2016.
The USDJPY has been trending lower in trading this week. That move accelerated the trend to the downside yesterday, but it did bottom.  What were some other technical clues from the price action that helped define the moves higher and even lower and what levels are in play in today’s trading?

US Fed’s Dudley still up to the rostrum in Connecticut
– US doing better than Japan and European economies
Not a lot to beat to be honest though.
– China’s GDP numbers are reasonably accurate
Ah, so “reasonably accurate” is good enough nowadays eh? How about the accuracy of the US data then? Takes a thief to catch a thief?

Which consumer goods giant makes the better investment right now?

New Mexico’s oil and gas industry is overshadowed by Texas drilling, but the state is an energy power in its own right.

Submitted by Charles Kennedy of OilPrice.com

Shocking Photo: Nearly 30 Oil Tankers in Traffic Jam Off Iraqi Coast

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Vale’s stock took off last month, here’s the reason for the move.

Finance

• Barry Ritholtz talks with Helaine Olen co-author of “The Index Card: Why Personal Finance Doesn’t Have to be so Complicated.”* (ritholtz.com)
• A look at the less glamorous side of short-selling with Marc Cohodes.

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