Recent Fed announcement to pause rate hike for 2019 has suddenly surprised market participants off guarded. The US dollar index (UUP) has immediately over reacted and dropped below its bullish uptrend line and threatened investors to go bearish. However gold price index did not dance with USD index. It was partly because gold price was … Continue reading Is it the Right Time to Focus on Gold?
Last week looked like a blissful week where US market had a beautiful run up for 4 straight trading days. It broke through the immediate resistance level at 2,730 for S&P 500 index but met with the next resistance at 2,786. This will be an enormous task for S&P 500 to focus on for next … Continue reading Recommended Funds for a Choppy Market