Markets tumble as Fed leaves door open for rate hike

US stocks fell on Wednesday after the Federal Reserve in a statement following its two-day policy meeting did not rule out raising interest rates at its next meeting in June. The S&P 500 and Dow Jones Industrial Average lost 0.4%. The central bank acknowledged that the US economy slowed in winter as evidenced by much weaker than anticipated GDP growth in the first quarter at 0.2% annualized pace instead of 1% anticipated growth. The GDP slowdown was largely the result of slowdown in business investment and exports due to lower oil prices and stronger dollar. The Fed attributed the slowdown to transitory… Continue reading

Dollar dropped further

On Friday the US dollar weakened and American stocks grew further. Durable Goods Orders fairly outstripped forecasts, rising 4% (the maximum growth since last July). Investors believe it makes Fed… Continue reading

Green Fire Strategy

GreenFire-strategy

Green Fire Strategy is based on five indicators: Heiken_Ashi_Smoothed1lime MA in Color_wAppliedPrice time to next bar TrendLord and Woodie_CCI_Adv.1.0 There is also template included When you install all indicators and… Continue reading