Archives by Month:

Archives by Year:

Treasury Market’s Inflation Forecast Ticks Above Fed’s 2% Target

Treasury Market’s Inflation Forecast Ticks Above Fed’s 2% Target

The Treasury market’s 10-year estimate of future inflation rose above the Federal Reserve’s 2% target this week – the first time that level has been breached for this maturity since last March, based on daily yield-spread data via Treasury.gov. Official inflation numbers, which are published with a lag, continue to reflect pricing pressure that’s modestly […]
Acerinox, S.A. Is Stainless, As In Steel

Acerinox, S.A. Is Stainless, As In Steel

Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week’s slot in the Safari portfolio is reserved for the […]
Where Did All The Oil Go?

Where Did All The Oil Go?

Where did all the oil go? Long time passing! A 7.06 million-barrel drop, the seventh drop in a row in a crude adding oil supply drawdown of historic proportions. Record refinery runs operating at 96.7% of their operable capacity last week running 17.6 million barrels of crude oil per day. This comes against a backdrop […]
Morning Call For Friday, January 5

Morning Call For Friday, January 5

OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps (ESH18 +0.30%) this morning are up +0.29% at a new record nearest-futures high as global stock markets continue their rallies in the first week of the new year. Expectations for a strong U.S. Dec payroll report this morning is pushing U.S. stock indexes further into record territory and European […]
Nifty, BSE Midcap Close At Record Highs; FMCG & Realty Stocks Rise

Nifty, BSE Midcap Close At Record Highs; FMCG & Realty Stocks Rise

Indian share markets continued to surge in the afternoon session and touched record highs amid gains in international markets. At the closing bell, the BSE Sensex closed higher by 184 points and the NSE Nifty finished higher by 54 points. The S&P BSE Mid Cap finished up by 0.7% while S&P BSE Small Cap finished up by 1%. Gains were largely seen in FMCG sector, realty […]
Dollar Given Reprieve Ahead Of Employment Report

Dollar Given Reprieve Ahead Of Employment Report

As the US dollar finished last year, so too did it begin the New Year, and after extending its losses, the bears have paused. Technical factors had been stretched, but it appears to have been old-fashioned macroeconomic considerations to have helped the dollar to move off the mat.  Quickly summarized, these considerations are a larger than […]
Teva Downgraded To Underperform From Market Perform At Wells Fargo

Teva Downgraded To Underperform From Market Perform At Wells Fargo

  Wells Fargo analyst David Maris downgraded Teva Pharmaceutical (TEVA) to Underperform with a $17 price target. The drugmaker closed yesterday up 45c to $19.58. Teva shares have now risen approximately 80% from its lows in November, Maris tells investors in a research note. The analyst believes now is a good time to sell the […]
Relentless Stock Market Meltup Smashes Records Around The Globe

Relentless Stock Market Meltup Smashes Records Around The Globe

Meltup groundhog day continues as global equity markets begin 2018 with another day of record highs and with their best week in more than a year, extending last year’s rally that has seen volatility plunge and risk appetite surge. The new year’s ramp to new record highs in stock markets around the world continued for […]
The Gold Market In 2017

The Gold Market In 2017

So another year has passed. How quickly it happened! But we hope that you did not get bored, and instead took time to learn more about the fascinating gold market. At first glance, 2017 seems to be a dull period for the yellow metal, as it was traded within a narrow range of $1,200-$1,300 for most […]
Nasdaq Elliott Wave Analysis: Ending Impulsive Move

Nasdaq Elliott Wave Analysis: Ending Impulsive Move

Short Term Nasdaq Elliott Wave view suggests that the rally from 12/5 low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X ended at 6383.25.  This week, the Index made a new high above Minor wave W at 6545.75, suggesting the next leg higher has started. Internal of Minor wave W unfolded […]