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The Uncertainty Principle In Markets

The Uncertainty Principle In Markets

As an investor, what do you prefer: certainty or uncertainty? Certainty, of course. We all do. When things seem certain, the future looks bright and we embrace risk-taking. When things seem uncertain, it’s hard to imagine things ever getting better, and we shun risk at all costs. But is there really such a thing as […]
EUR/USD Risk Still Remains Lower On Pullbacks

EUR/USD Risk Still Remains Lower On Pullbacks

EUR/USD: The pair remains weak and vulnerable to the downside despite its price hesitation. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at […]
Pound Slides, Then Rebounds, After Hammond Reveals Sharp Cuts To UK GDP Forecast

Pound Slides, Then Rebounds, After Hammond Reveals Sharp Cuts To UK GDP Forecast

Update: after the GBP initially dropped on the lower GDP forecasts, it has since rallied after Hammond finished speaking, in what Citi said was a “relief rally” as there were no “banana skins and government safe. Relief trade here.” This was a risk event – while Budget Announcements are normally quite quiet affairs in FX, […]
Weekly Unemployment Claims: Down 10K

Weekly Unemployment Claims: Down 10K

Here is the opening statement from the Department of Labor: In the week ending November 18, the advance figure for seasonally adjusted initial claims was 239,000, a decrease of 13,000 from the previous week’s revised level. The previous week’s level was revised up by 3,000 from 249,000 to 252,000. The 4-week moving average was 239,750, […]
It’s About Time: S&P 500 A/D Line Makes A New High

It’s About Time: S&P 500 A/D Line Makes A New High

For more than a year now, we have repeatedly highlighted how the S&P 500’s cumulative A/D line has consistently confirmed each new high in the S&P 500. For those unfamiliar with the term, the cumulative A/D line is simply a running total of the net number of S&P 500 components rising in price (stocks trading up […]
3 Best Non-U.S. Mutual Funds For Marvelous Returns

3 Best Non-U.S. Mutual Funds For Marvelous Returns

Investors may find non-U.S. mutual funds more attractive than those with significant domestic exposure. Moreover, non-U.S. mutual funds are excellent choices for those looking to diversify their investments across a wide range of foreign countries including both emerging and developed nations. Thus, investing in non-U.S. mutual funds may prove to be profitable. Below we share […]
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                        Why It Is Important To Watch Long Term Rates As Central Banks Hike Short Term Rates

E Why It Is Important To Watch Long Term Rates As Central Banks Hike Short Term Rates

Yield curve flattening is not new to bond investors, yet it seems to have generated a lot of attention as the Fed pursues its goal of normalizing the Fed funds rate. The theory is that when the Fed starts hiking the Fed funds rate, long-term rates would move up accordingly and the entire yield curve […]
Mallinckrodt Downgraded To Perform From Outperform At Oppenheimer

Mallinckrodt Downgraded To Perform From Outperform At Oppenheimer

  Oppenheimer analyst Derek Archila downgraded Mallinckrodt (MNK) to Perform saying he’s been “flat out wrong” on the shares. The thesis of branded growth and material margin expansion has not and is unlikely to play out within the next 12-18 months, Archila tells investors in a research note. He sees “little-to-no visibility” on Acthar growth […]
Geopolitical Risk Highest “In Four Decades” – Gold Demand In Germany And Globally To Remain Robust

Geopolitical Risk Highest “In Four Decades” – Gold Demand In Germany And Globally To Remain Robust

– Geopolitical risk highest “in four decades” should push gold higher – Citi – Elections, political and macroeconomic crises and war lead to gold investment – Political uncertainty in Germany means “gold likely to remain in good demand as a safe haven” say Commerzbank –  “There has rarely been such political uncertainty in Germany at any time […]
Morning Call For Wednesday, Nov. 22

Morning Call For Wednesday, Nov. 22

OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 +0.11%) this morning are up +0.03% and European stocks are up +0.12% as strength in energy stocks lifts the overall market. Energy stocks caught a bid after Jan WTI crude oil (CLF18 +1.72%) rallied +1.69% to a new 2-1/3 year high when the API reported late Tuesday afternoon that […]