5 Aspects That Affect The USD

There are a couple of elements; such as new events or the possibility of a negative outcome that can affect a major industry or regions currency that could have a powerful repercussion over the currency's trading rate, regardless the fundamental and technical trading interpretations that are often used to determine the approach to take on the currency market.

What Makes the Market Move?

The variation of the USD is usually considered against the Euro because it is the most popular currencies exchanged pair, so it's the one most used as an example, we took the market indicators that move the market more and update it every year to be considered.

Economic data, although not always of the same kind, has proven to be one of those elements to cause an impact or help predict over the USD movements. With that being said, there are 5 types of the news released on the Forex market that could make the value of the US dollar fluctuate.

1. Non-Farm Payrolls: this is a monthly statistic that shows the total number of US paid workers (except for farms, government, private household and non-profit organization employees). It has recently become more influential over the USD than other indicators.

5 Stocks To Watch This Summer

In the list below I will list 5 stocks I think traders/investors could possibly make profit playing come this summer. Stocks are in no particular order:

1. Amazon (AMZN): A leader in this very difficult market environment (which is quite rare the past two years). Just made new all times high thanks to blow out earnings. What's impressive is it's rebound from the nasty correction it had a few months ago.
2. Apple (AAPL): Apple has had a rough time with earnings, its recently made new 2 year lows. However, if it can continue correcting down to the mid 70s (my technical buy point), I think it would be a great long term buy. As a bonus it pays a dividend!
3. Tesla (TSLA): This stock is a retail investors favorite. Unfortunately Its a bit off from its all time highs. A few months ago it had one of the most incredible V-shaped bounce I have witnessed in a long time. If this continues to correct it may be a quality long term buy.
4. Celator Pharmaceuticals  (CPXX): An impressive biotech company with an incredible strong stock chart (these are rare these days). If it pulls back strongly, it may be worth a buy. (Warning biotech stocks come with great risk).
5. Twitter (TWTR): Badly beaten down stock, with an ugly chart. However, it's hard to fathom Twitter won't attempt some sort of come back. If one occurs I think retailers would bid this up.

What to Expect From the Stock Market This Summer

Two months ago I posted about the bulls leading the Market higher, which indeed did occur. However, the bulls overextended themselves, thus the Market pulled back. Once the overbought conditions have been completely alleviated the Market will attempt to make new highs. As I will explain why this scenario is likely in the paragraph below.

 The Ratio Adjusted Summation Index is a great tool to measure the strength of a bull Market. The chart above is the Ratio Adjusted Summation Index ($NYSI). The $NYSI is calculated by adding the daily values of the McClellan Oscillator. Readings above 500 convey the message that stock market is in a bull Market and will continue to make higher highs. The Market has just had an extraordinary high reading compared to the the last few years. The chart above shows the $NYSI broke well past the 500 threshold. Staying above a 500 threshold in a very convincing manner promises the Market will make higher highs. Note how previously the 500 threshold acted as resistance causing the NYSI to pull back on the chart. The failed breakout hinted at a massive pullback, which then a few months later the Market ended up declining over 20%.