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Market Talk – Tuesday, March 27

Market Talk – Tuesday, March 27

Unsurprisingly, the US mood swept into Asia assisting those markets that failed to react Monday. The Nikkei led the gains adding +2.65% to yesterdays +0.7%. The Yen lost more of the fear rally bid, and we see it currently trading high 105’s with a big figure change looming yet again. As more constructive headlines appear, […]
A Framework For Currency Unions And IMF Lending

A Framework For Currency Unions And IMF Lending

from the International Monetary Fund — this post authored by Sean Hagan and Hugh Bredenkamp Countries benefit in various ways from belonging to a currency union – a group of countries that share a single currency. Businesses can trade and invest across borders more easily. Member countries gain access to larger markets without facing currency risk. And in […]
Tesla Approaches Bullish Breakout Failure

Tesla Approaches Bullish Breakout Failure

If that blue line goes, it’s game over……..
What Do Higher Interest Rates Mean? Part 1: No More Refis

What Do Higher Interest Rates Mean? Part 1: No More Refis

The developed world has lived with unnaturally-low interest rates for so long that it’s become hard to imagine what life in a normal financial system would be like. But as rates finally start to rise, some of the necessary lifestyle adjustments are emerging. A big one is the fact that the days of refinancing one’s […]
Stock Market Crash: Dow Jones Industrial Average Foretells A Sell-Off Ahead

Stock Market Crash: Dow Jones Industrial Average Foretells A Sell-Off Ahead

iStock.com/VEX Collective Technical Analysis Suggests a Stock Market Crash Could Be Ahead A stock market crash is starting to become a likely scenario. Investors beware. Understand that sentiment drives everything. If investors become pessimistic, they sell. When we look at the price action of key stock indices, they suggest that investor sentiment is turning dismal […]
Richmond Fed Manufacturing: Sluggish Growth In March

Richmond Fed Manufacturing: Sluggish Growth In March

Today the Richmond Fed Manufacturing Composite Index was at 15 for the month of March, down from last month’s 28. Investing.com had forecast 23. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of trends, now at 19.0, which indicates expansion. The complete data series behind today’s […]
Oil Stocks And Oil Diverge

Oil Stocks And Oil Diverge

If you haven’t noticed, the price of oil has been rising over the last year, and at $65/barrel for crude, it’s right near a 52-week high. Interestingly, the S&P 500 Energy sector has diverged from the price of oil recently. Below is a chart that highlights price trends for the Energy sector (oil stocks) versus […]
Bull And Bear ETFs To Watch In Neck-And-Neck March

Bull And Bear ETFs To Watch In Neck-And-Neck March

Bull and bear ETFs have shown immense potential this month as abrupt changes in sentiments have raised the appeal for these products. A bull ETF makes money in an upward market while a bear ETF gains when the market goes down. These products create a long/short position with a leveraged factor (i.e. 2x or 3x) […]
USDJPY – 106.00 In View?

USDJPY – 106.00 In View?

Second day in a row that USDJPY is up as risk assets continue to rise but yields remain depressed. The pair has been so grossly oversold that some sort of rebound was due but for now the 106.00 figure remains formidable resistance. Tomorrow the market will get a look at the final revision of US […]
Global Equities Bargain Bin (DM Edition)

Global Equities Bargain Bin (DM Edition)

With the correction in global stock markets still running its course, it’s worth surveying some valuation statistics across Developed Market equities. Indeed, the current correction could easily go further, purely on sentiment and in the process cheapen valuations across the board. But in the mean time this article takes a snapshot of the bottom end […]