Archives by Month:

Archives by Year:

ECB Indulges In Further Monetary Easing

ECB Indulges In Further Monetary Easing

With deflation in the Eurozone persistently low and well below target and growth, well, putting it kindly; tentative, it had been widely expected that the European Central Bank would act to make its monetary policy even more accommodative. This was expected to be within the scope of its asset purchase programme which sees €60 billion […]
Goldman Is About To Be Stopped Out Of Its Gold Short

Goldman Is About To Be Stopped Out Of Its Gold Short

Given China’s new focus on a basket of currencies, rather than pegging to the dollar alone, today’s record-breaking reversal in EUR has sparked a yuuge 300 pips rally in Offshore Yuan (from 6.5270 to 6.4940) pushing to its strongest level since mid-December. At the same time, Gold is accelerating as China opens, pushing up to $1288 – […]
Dollar General Q4 Earnings Top, Guides FY16, Ups Dividend

Dollar General Q4 Earnings Top, Guides FY16, Ups Dividend

Dollar General Corporation (DG – Analyst Report) released a fourth straight quarter of positive earnings surprise with its fourth-quarter fiscal 2015 results. The company posted quarterly earnings of $1.30 per share that beat the Zacks Consensus Estimate of $1.27, and rose 11.1% from the year-ago period on the back of higher sales and share repurchase activity. The stock […]
The ECB – A Victim Of Its Own Ignorance?

The ECB – A Victim Of Its Own Ignorance?

“Rates will stay low, very low, for a long period of time and well past the horizon of our purchases,” Draghi declared. “From today’s perspective and taking into account the support of our measures to growth and inflation, we don’t anticipate that it will be necessary to reduce rates further.” The ECB cut its main interest […]
EUR/USD Elliot Waves Analysis For 11 March 2016

EUR/USD Elliot Waves Analysis For 11 March 2016

Wave Analysis: EUR/USD is currently trading with a strong bullish bias. Euro traded perfectly short as previously forecasted but could not go below the support level 1.08224. Instead, it rebound from this level and ended up closing above its opening price thereby giving us a trend continuation candle. During this day, we will remain long […]
On The Fly: After Hours Movers

On The Fly: After Hours Movers

UP AFTER EARNINGS: Strata Skin Sciences (SSKN), up 30% after reporting quarterly results and announcing that the FDA approved a PMA supplement for the MelaFind system… Ulta Beauty (ULTA), up 12.4%… Athersys (ATHX), up 6%… Finisar (FNSR), up 8%… Bojangles (BOJA), up 7.8%… Kratos Defense (KTOS), up 1.9%. DOWN AFTER EARNINGS: FXCM (FXCM), down 19.6%… […]
S&P 500 And Nasdaq 100 Forecast For March 11, 2016

S&P 500 And Nasdaq 100 Forecast For March 11, 2016

S&P 500 The S&P 500 had a wild session during the day on Thursday as we went back and forth rather rapidly. Ultimately, this is a very neutral looking candle, and as a result I think that you can’t really take too much from the day. The best trade I see here is to simply […]
Global Liquidity Collapses To 2008 Crisis Levels

Global Liquidity Collapses To 2008 Crisis Levels

The last time that global liquidity conditions contracted at this pace was March 2008 (right as stocks dead-cat-bounced on the back of The Fed’s guarantee of Bear Stearns’ sale to JPMorgan)… and things escalated rather quickly thereafter. Liquidity conditions also contracted (though not as severely as the current conditions) in Dec 2011… which prompted Bernanke to unleash […]
US Dollar Index Downside Risks Increase. FOMC, The Next Big Event!

US Dollar Index Downside Risks Increase. FOMC, The Next Big Event!

Following last week’s analysis, the US Dollar index saw the rally being clipped near the 98.5 – 98.0 resistance. With the Euro turning bullish and the Yen staying flat, the US Dollar Index is starting to look more and weaker with the likelihood of a dip to 94.5 – 94.0 support level. Next week, the […]
Five Gold Mutual Funds To Buy On Immense Upside Potential

Five Gold Mutual Funds To Buy On Immense Upside Potential

It’s been a stunning rally for gold this year, with the yellow metal surging 20% from the end of December to last week’s peak of $1,279.60 an ounce. It is easy to understand why gold was gaining in the beginning of the year, given the slump in oil prices, weak global economy and volatility in […]