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AuthorMate Cser
Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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Analysis

Daily Analysis: Clouds Gather Over Stocks as Bitcoin Correction Begins

Posted on May 26th, 2017.

Friday Market Recap Asset Current Value Daily Change S&P 500 2412 -0.05% DAX 12579 -0.51% WTI Crude Oil 48.95 -0.17% GOLD 1268.00 0.88% Bitcoin 2427 -10.43% EUR/USD 1.1170 -0.37% The major US stock indices continued to creep higher near their all-time highs yesterday. Investors could be puzzled, as the rally is only led by the usual...

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Recommendations

Investment Recommendations May 25th

Posted on May 25th, 2017.

Gold: Long-Term Buy (Update) Gold Futures, 4-Hour Chart Analysis The precious metal has been trading in a holding pattern in recent days, since running into resistance near $1260 following the “Trump-surge”. The persistence weakness of the USD helped the metal in staying above the $1250 level, although the recovery in stocks should have...

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Analysis

Daily Analysis: Bitcoin Explodes Above $2700 as US Stocks Hit New Highs

Posted on May 25th, 2017.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2411 0.38% DAX 12643 0.03% WTI Crude Oil 51.07 -0.10% GOLD 1257.00 -0.18% Bitcoin 2710 11.61% EUR/USD 1.1218 -0.17% The S&P 500 and the NASDAQ both reached new marginal all-time highs amid the Bitcoin surge, as the Fed’s minutes boosted the market yesterday in late...

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Recommendations

Investment Recommendations May 24th

Posted on May 24th, 2017.

USD/CAD: Short-Term Buy USD/CAD, 4-Hour Chart Analysis The pair has been declining since it reached the 1.38 level following our recommendation. The declining short-term trend has carried USD/CAD back below the 1.35 level, and it’s now close to the key support near 1.34. The advancing long-term trend channel is still intact and the lower...

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Analysis

Daily Analysis: Bitcoin Nears $2500 as Markets Await OPEC Meeting

Posted on May 24th, 2017.

Wednesday Market Recap Asset Current Value Daily Change S&P 500 2399 0.28% DAX 12643 0.02% WTI Crude Oil 51.59 0.78% GOLD 1252.00 -0.74% Bitcoin 2420 7.20% EUR/USD 1.1189 -0.15% Global stock markets are still remarkably stable, as volatility continues to be low, and the US indices are still somewhat stronger than their global peers....

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Recommendations

Investment Recommendations May 23rd

Posted on May 23rd, 2017.

NASDAQ 100: Short-Term Sell (Update) NASDAQ 100 Futures, 4-Hour Chart Analysis The NASDAQ has been trading in close vicinity to the 5675 level since our recommendations, as it held up to its gains well despite the previous deep correction. The tech index still lost its relative strength compared to the S&P 500, and it failed to hit a...

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Analysis

Daily Analysis: Markets Stunned by Manchester Attack, as Dash Jumps and Bitcoin Tops $2200

Posted on May 23rd, 2017.

Tuesday Market Recap Asset Current Value Daily Change S&P 500 2394 0.08% DAX 12641 0.18% WTI Crude Oil 51.09 -0.13% GOLD 1260.00 0.12% Bitcoin 2265 5.10% EUR/USD 1.1218 -0.17%   The tragic terror attack by ISIS in Manchester dominated trading so far today, as global stocks were mixed in the cautious environment. Asian markets were...

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Recommendations

Investment Recommendations May 22nd

Posted on May 22nd, 2017.

GOLD: Long-Term Buy (Update) Gold Futures, 4-Hour Chart Analysis Gold is trading in a short-term consolidation pattern after hitting the $1260 last week. The precious metal held up well amid the rebound in risk assets, as the political fears regarding Trump’s position continue to fuel demand for safe-have assets. The metal faces multiple...

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Analysis

Daily Analysis: Ethereum and Bitcoin Skyrocket while Stocks Remain Stable

Posted on May 22nd, 2017.

Monday Market Recap Asset Current Value Daily Change S&P 500 2381 0.05% DAX 12588 -0.40% WTI Crude Oil 51.08 0.73% GOLD 1256.00 0.19% Bitcoin 2187 4.21% EUR/USD 1.1232 0.24% European stocks continue to underperform their global peers so far today, as the recent strength of the Euro weighs on local equities. Angela Merkel told the...

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Bitcoin

Market Overview: 5 Things to Watch Next Week

Posted on May 21st, 2017.

Asset Current Value Weekly Change S&P 500 2380 -0.45% DAX 12638 -1.22% WTI Crude Oil 50.48 4.77% GOLD 1255.00 2.11% Bitcoin 1985 13.43% EUR/USD 1.1205 2.74%   1. All eyes on the VIX as volatility is creeping back The low volatility period that lasted for several weeks, ended abruptly on Wednesday, as we anticipated as the internal...

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Analysis

Weekly Analysis: Bitcoin Takes on $2000 as Stocks Hit by Trump-Scandal

Posted on May 20th, 2017.

Weekly Recap Asset Current Value Weekly Change S&P 500 2380 -0.45% DAX 12638 -1.22% WTI Crude Oil 50.48 4.77% GOLD 1255.00 2.11% Bitcoin 1985 13.43% EUR/USD 1.1205 2.74%   Global stocks had their most volatile days since the US election in November, as the recent scandal of the new US president sparked a strong sell-off on Wednesday....

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Recommendations

Investment Recommendations May 19th

Posted on May 19th, 2017.

NASDAQ 100: Short-Term Sell   NASDAQ 100 Futures, 4-Hour Chart Analysis The tech benchmark lost its relative strength in Wednesday’s sharp decline, and it bounced back today to the short-term resistance level near 5675. This gives a good opportunity to play another declining leg lower after the break of the advancing short-term trend....

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Analysis

Daily Analysis: Stocks Bounce Back as Trump Plays War Card & Bitcoin With a New High

Posted on May 19th, 2017.

Friday Market Recap Asset Current Value Daily Change S&P 500 2379 0.67% DAX 12635 0.34% WTI Crude Oil 50.20 1.72% GOLD 1251.00 -0.69% Bitcoin 1950 6.71% EUR/USD 1.1187 0.43%   Stock markets jumped higher after an initial break yesterday, and they are trading near yesterday’s closing prices today. The renewed US attacks in Syria...

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Recommendations

Investment Recommendations May 18th

Posted on May 18th, 2017.

S&P 500: Short-Term Sell (Update) S&P 500 Futures, Daily Chart Analysis The index hit our short-term target today in early trading, as it spiked below the line-in-the-sand support zone between the 2350 and 2355 levels. The rising long-term trend is still intact, but the current bearish momentum could mean that a deeper correction...

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Analysis

Daily Analysis: Markets Tank as Trump Fears Escalate

Posted on May 18th, 2017.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2351 -0.35% DAX 12530 -1.23% WTI Crude Oil 48.80 -0.11% GOLD 1258.00 0.21% Bitcoin 1847 0.72% EUR/USD 1.1118 -0.16% Global stocks had their worst day since September on Wednesday, as the low-volatility levitation ended, with Donald Trump’s biggest scandal yet. One...

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Recommendations

Investment Recommendations May 17th

Posted on May 17th, 2017.

Gold: Long-Term Buy (Update) Gold, 4-Hour Chart Analysis Gold has been steadily rising since our recommendation and it surged higher today in the wake of the Comey-scandal. It is now well above the $1240 resistance, while also being back in the prior rising trend channel, trading just below the key $1260 resistance level. Short-term...

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Analysis

Daily Analysis: Stocks Turn Lower as Trump Gets in Real Trouble

Posted on May 17th, 2017.

Wednesday Market Recap Asset Current Value Daily Change S&P 500 2374 -0.98% DAX 12685 -0.93% WTI Crude Oil 48.88 -0.13% GOLD 1257.00 1.69% Bitcoin 1833 5.21% EUR/USD 1.1138 0.51%   US stocks are sharply lower today after a swift overnight decline that was triggered by the words of fired FBI director Comey regarding Donald Trump. This...

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Analysis

Daily Analysis: Ripple Explodes Again as EUR/USD Surges Past 1.10

Posted on May 16th, 2017.

Tuesday Market Recap Asset Current Value Daily Change S&P 500 2401 0.10% DAX 12825 0.15% WTI Crude Oil 48.95 0.18% GOLD 1234.00 0.30% Bitcoin 1744 -0.82% EUR/USD 1.1070 0.85%   The major stock markets continue to trade in a narrow range near their all-time highs after the slight overnight weakness. The performance of the global...

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Blog

My Trading Blunders: A Lesson in Overconfidence and Risk Management from 2008

Posted on May 16th, 2017.

The Background This story happened in January 2008 in what proved to be the early days of the biggest financial crisis of our generation (so far). It was also the time of your humble writer’s baby steps in the financial market. Fun fact: my first trading account was opened in September 2007, 10 days before the exact top of the bull...

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Recommendations

Investment Recommendations May 15th

Posted on May 15th, 2017.

S&P 500: Short-Term Sell (Update) S&P 500 Futures, 4-Hour Chart Analysis The S&P 500 has been pushed higher by the strength in the energy sector today, and the index got close to its previous highs near the 2400 level. Should the rally continue, our stop-loss recommendation might be in play in the coming days at 2412. The...