WELCOME

Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Winter Cat

Winter Cat

ECONOMIC EVENTS

 UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...

* Wed. Nov. 30 @ 2:00 pm ET - Beige Book Report
* Fri. Dec. 2 @ 8:30 am ET - Employment Data
* Wed. Dec. 14 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference
* Wed. Jan. 4, 2023 @ 2:00 pm ET - FOMC Meeting Minutes
* Wed. Feb. 1 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference

*** CLICK HERE for link to Economic Calendars for all upcoming events.

Saturday, October 22, 2022

WORLD MONEY FLOW: October Week 3, 2022

The following graphs depict percentages gained/lost world-wide for the third week of October for a variety of major world indices, sectors, commodities, currencies and banks.

US Major Indices

US Major Sectors

European Major Indices

Canada, Japan & Australia

EEM & BRICs

Agriculture & Commodities

Currencies, US Bonds, Bitcoin, XLF, EUFN & GXC

Major Banks

At a glance, traders favoured:

  • high-risk versus low-risk assets (growth over value),
  • US markets versus Europe and Canada,
  • the Energy sector, particularly Brent Crude Oil,
  • Brazil and Russia,
  • Gasoline,
  • Silver, Platinum and Copper,
  • the Aussie and Canadian Dollars, and, to a lesser extent, the Euro and British Pound Sterling,
  • US and European Financial ETFs, and
  • major banks (perhaps bank buy-backs were heavily involved).
Losers for the week were:
  • US Bonds, 
  • the US Dollar, 
  • WTI Crude Oil, 
  • Agriculture, 
  • China, 
  • Australia, and
  • Japan.

As well as October's end-of-month focus for fund managers, important upcoming dates are: 

  • the US Fed meeting (interest rate announcement and press conference) on November 2, and
  • the US midterm elections on November 8.

Until the midterm elections are over and all results are fully tabulated and settled, markets may continue to experience volatile, wild whipsaw intraday swings, until we see clear signs of capitulation...as I've discussed in many recent posts.

In this regard, keep an eye on:

  • the US Dollar,
  • the Energy sector, 
  • the Technology sector,
  • the Discretionary sector,
  • world Financial sectors, and 
  • major banks 
for signs of continued risk appetite (e.g., Technology, Discretionary and major banks), or flights to safety (e.g., US Dollar and Energy).