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Daily Market Review - 06/19/2014

US Stock Market (NASDAQ)

NASDAQ

Wall Street finished Wednesday’s trading in the green with the Federal Reserve confident that growth is back and repeating that interest rates will remain low for some “considerable time”. The NASDAQ rose by 0.59%,...

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Introducing: Manual Copy Stop Loss on eToro OpenBook

eToro Launches a Very Beneficial Feature

Some of you may have already noticed, but last week we soft launched an extremely important new feature, the Manual Copy Stop Loss, which will enable you to predetermine the loss level at which you want to stop copying an investor.

Up until now, the Copy Stop Loss has been automatically set at 98% of allocated equity. With this new feature you will be able to set your own Stop Loss limit and manage your copy trading activity more efficiently and with greater flexibility.

This has been a long awaited addition to the CopyTrader system, and it is now finally available on eToro OpenBook. It will soon follow on our WebTrader and mobile applications.

Market Analysis: AAPL 6/18/2014

New iMac Set to Drive Share Gains for Apple

Confirmed today, Apple launched a cheaper iMac for just 99 (which is 0 less than the prior lowest-end model). The new iMac appears to use an Intel Core i5-4260U, which is a low-power, dual-core notebook/Ultrabook focused processor rather than the higher power/higher performance quad-core processors found in the 99 and above iMacs. Further, it comes with a 500 gigabyte hard disk drive by default rather than the 1 terabyte model found in the 99 model.

Mac is still strategically important

If you look at Apple's financials, you'll note that a relatively small part of the company's revenue base is dependent on the Mac. In the most recent quarter, Mac sales came out to about .5 billion -- paling in comparison to the .1 billion and .61 billion that the iPhone and iPad generated, respectively. While not a gigantic part of Apple's revenue base, Mac is still strategically important.

Daily Market Review - 06/18/2014

EUR/USD

EURUSD_June 18

The Euro is in the trading range as has been expected. At the current moment it is almost exactly in the middle between the lines. So consolidation is very smooth, thus there is no forecast regarding further trend development.

USD/JPY

USDJPY_June 18

Daily Market Review - 06/17/2014

EUR/USD

EURUSD_June 17

On one hour chart the Euro looks quite ranged. The boundaries of the range serve as resistance and support respectively. It is recommended to wait until the Euro breaks out of one of the lines in order to determine further...

Market Analysis: GOLD 6/17/2014

Gold Header

Gold Slips Before Fed

Gold fell on Tuesday as geopolitical concerns eased and investors withdrew money from the top bullion fund before a Federal Reserve meeting, while platinum traded flat as details of a wage pact for South Africa’s mines remained outstanding.

Gold investors were also monitoring the Fed meeting, which is seen as bearish for the metal due to prospects for a slightly hawkish outcome, Macquarie’s Turner said.

The Fed’s two-day policy meeting begins later in the day, with a statement expected on Wednesday. Markets are on the watch for any signals on when the U.S. central bank might begin raising interest rates.

 

Gold

68.35

-3.085

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