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USD/JPY, Treasury Yields Struggle Ahead Of More Fed Rhetoric

USD/JPY, Treasury Yields Struggle Ahead Of More Fed Rhetoric

  Ticker Last High Low Daily Change (pip) Daily Range (pip) EUR/USD 1.2029 1.2059 1.1914 112 145 EUR/USD breaks out of the narrow range from earlier this week, with the pair at risk for a further advance as the European Central Bank (ECB) appears to be on course to conclude its quantitative easing (QE) program. […]
Piper Says Buy Alnylam Sell-Off Today For Late September Data Release

Piper Says Buy Alnylam Sell-Off Today For Late September Data Release

Piper Jaffray analyst Edward Tenthoff lowered his price target for Alnylam Pharmaceuticals to $110 from $126 after the company said it discontinued dosing of fitusiran in all ongoing studies following a fatal thrombotic event in a Hemophilia A patient. The stock in premarket trading is down 12%, or $10.52, to $75.50. The analyst believes the […]
Forget Retail, Focus On Broad Consumer Discretionary ETFs

Forget Retail, Focus On Broad Consumer Discretionary ETFs

The retail sector has been underperforming this year owing to the digital transformation in shopping and consumers’ online binge that has curbed foot and mall traffic. As such, most retailers, including those with a big-box focus, are struggling to compete with e-commerce channels and are being forced to close their doors or file for bankruptcy. […]
Bitcoin Drops By $1000 And No One Cares

Bitcoin Drops By $1000 And No One Cares

Five years ago, the following would have been inconceivable. In a 48-hour period, the dollar/bitcoin exchange ratio dropped fully $1,000. A day later, half the gains came back. In the Bitcoin community, this was hardly discussed at all. Not even the websites and writers specializing in the topic wrote much about it. Hysterical claims that […]
Harvey And Gold

Harvey And Gold

Last week, hurricane Harvey devastated parts of the U.S. What does it mean for the gold market? On Friday, Hurricane Harvey made landfall in Texas (and later in Louisiana), causing catastrophic flooding. The storm caused at least 71 confirmed deaths in the U.S. (and 1 in Guyana), inundated hundreds of thousands of homes and displaced […]
The Problem With The ECB’s Concern Over The Weak Dollar: The Dollar Isn’t Weak

The Problem With The ECB’s Concern Over The Weak Dollar: The Dollar Isn’t Weak

The New York Times told readers this morning that the European Central Bank (ECB) would like to cut back on its quantitative easing program but is reluctant to do so because of the weak dollar. The piece notes that a weak dollar reduces the euro zone’s trade surplus with the United States. Also by making low-cost imports […]
How To Value REITs: A Step-By-Step Guide

How To Value REITs: A Step-By-Step Guide

Real estate investment trusts – or REITs, for short – give investors the opportunity to experience the economic benefits of owning real estate without any of the day-to-day hassles associated with being a traditional landlord. For these reasons, REITs can make appealing investments for long-term investors looking to benefit from the income and appreciation of […]
Late Season Central US Dryness Could Trim Corn & Bean Crops

Late Season Central US Dryness Could Trim Corn & Bean Crops

Market Analysis With the USDA’s next crop & supply/demand reports on September 12, the ongoing dryness in a large portion of the Central US has many concerned about a possible slide in the size of US corn & soybean crops. Last month’s Midwest Crop Tour began this trend when their field checks didn’t seem to […]
The Limited Exposure Of The US Economy To Trade

The Limited Exposure Of The US Economy To Trade

Listening to complaints about the effects of globalization on the US economy, one might be tempted to believe that the US economy is more exposed to the pressures of global trade than most other countries, and that the US market is uniquely open to world trade. countries. But these beliefs are not true. A common […]
Mutiny “For” The Bounty?

Mutiny “For” The Bounty?

China recently announced they will trade oil for yuan “backed” by gold. The story has gotten some press (none of it mainstream mind you), and many have questions as to what it really means. While quite complicated as a whole, when you break this down into pieces I believe it is a quite simple and logical […]