Market volatility rose following Friday’s employment data, the US
dollar initially spiked higher before paring most of its gains. Gold
dropped instantly from near its new two-year high before rebounding
once more. However the most sustained market reaction was in the
global stock markets. US and European stock indexes surged on the
upbeat US employment data, with the S&P 500 rising by over 1%. The
rally extends the post-Brexit rebound for US equities, completely
erasing the losses that occurred in the immediate aftermath of the
UK’s European Union referendum vote. From my perceptive,
correlations analysis is indicating capital inflows is mostly going
to US assets, including the US dollar, US treasuries and the stock
indices. Intermarket relationships and the study of correlations has
been extremely helpful since the Brexit vote, therefore in the week
ahead I will continue to use correlations to help identify trading
opportunities.
Join us this week and experience the power of market intelligence. We
will be show casing the new Einstein SmartBox automated trading
system with cross-market relationships and correlations analytics.
Joe Rios
www.riosquant.com
Live Trading Rooms and EventsPlease take note of this week’s schedule
at a glance including key economic reports that might have an impact
on the markets. Live trading rooms and educational events are also
listed with the appropriate links for gaining access. While some of
the events are free, others are for members only. Let us know if you
have an interest and we will provide you with all the pertinent
information.
Contact Information for your Support Needs:
Ken Eriksen, RQ Client Relations Manager
email: ken@riosquant.com
Skype: kmetrade
The Trading Room® TradeLAB – Global Trading with Quantitative Technologies
Join our trading community with RiosQuant founder and trade coach Joe Rios as well as the RQ members.
Live demonstration of our pre-market quantitative analysis, real-time trading signals with RQ algorithmic technology, strategy performance review and Q&A session.
Monday thru Friday – From 8:00 am to 11:00 am ET
ATTENTION MEMBERS – To access The Trading Room® TradeLAB please log-in on the riosquant.com site and click on the link under The Trading Room. If you are already logged in, then click on the “My Account” found on the upper right hand corner of the first page.
ATTENTION GUESTS – Here is how to get started with a two week free trial…
Click on the following link and register as a guest.
It’s really that simple!
The Insider’s Quant (I.Q.) Room
Tuesday – 12:30
Forecasting
Wednesday – 12:30 pm
Opportunities in the New Norm
Friday – 11:30
Insiders Round Table Meetup
THERE IS A SUBSTANTIAL RISK OF LOSS IN TRADING COMMODITY
FUTURES, OPTIONS, AND FOREIGN EXCHANGE PRODUCTS
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
