The stock market celebrated the interest rate cut with a healthy rise, up 137 points. But remember, stocks are going up in Zimbabwe and Iraq too. We’re in a worldwide asset boom that has a clear and obvious cause. The Economist puts the rate of price inflation at over 16% per year.

Equity and currency traders are both positioned for a strong payrolls report. With the market so divided, NFPs could decide not only who is right, but also whether the US dollar has hit a bottom.

One of the most market-moving indicators out of the US will be released on Friday, but with the FOMC rate decision and policy statement leaving the forex, fixed income, and equity markets stumbling, the impact of the data could be skewed.

As news continues to pour out in the form of earnings, Toni Hansen's focus is going to remain on the premarket gainers and losers lists. There have been a lot of nice gap plays this week and she expects this to continue until earnings season begin to taper off.

Tim Bourquin interviews Vitaliy Katsenelson, who talks about how he uses only fundamental analysis to choose stocks.

If there was one sure-fire trading system, it would have been discovered a long time ago.

“The U.S. is committed to a strong dollar,” said Treasury chief Paulson in India yesterday. What was he thinking? Maybe he spoke with a smile; at least the audience could have taken it for a joke. But press reports make no mention of anyone laughing.

US data on Thursday is likely to highlight weakness in the economy. However, given the extent of the recent EUR/USD move, the pair may simply consolidate around the record highs over the next two days and, as a result, any weakness in the greenback that ensues may be only short-lived.

The indices often move higher in the hours before a Fed announcement. There have been a lot more exceptions to this tendency in recent months, however, so it is not something Toni Hansen relies on completely for a morning bias.

Price Headley asks what separates champions from everybody else? Interestingly, champion traders have the same characteristics as champion athletes.