Archives by Month:

Archives by Year:

Easing Of US-China Trade War Fears; Inflation Outlook Cut And Top Stocks To Sway The Market Today

Easing Of US-China Trade War Fears; Inflation Outlook Cut And Top Stocks To Sway The Market Today

The Indian stock markets closed sharply higher on Thursday after the Reserve Bank of India kept the repo rate unchanged at 6% in the first Monetary Policy Committee (MPC) meet of FY19, with the Sensex rising 578 points to 33,597, and the Nifty gaining 197 points at 10,325. All sectoral indices ended in the green, […]
EURUSD Daily Analysis – April 6, 2018

EURUSD Daily Analysis – April 6, 2018

EURUSD extended its downside movement from 1.2476 to as low as 1.2218, breaking below 1.2239 support. Further decline is still possible after a minor consolidation and next target would be at 1.2155 support. Near term resistance is at the falling trend line on the 4-hour chart. A breakout of the trend line resistance could bring […]
Can’t Keep CAD Capped: Trudeau Strengthens The C$

Can’t Keep CAD Capped: Trudeau Strengthens The C$

The Canadian dollar continues its recovery path and this time, Prime Minister Justin Trudeau is behind the move. Canada’s PM said that NAFTA talks are advancing in a significant way. So far, Foreign Minister Freeland and also the US and Mexican negotiators have made optimistic sounds. This time, it comes from Canada’s leader. The C$, […]
Can U.S. Manufacturing Survive A Trade War? 5 Top-Ranked Picks

Can U.S. Manufacturing Survive A Trade War? 5 Top-Ranked Picks

In the latest episode of a developing trade conflict between the two largest economies in the world, China has announced fresh tariffs on 106 U.S. products. The move is likely to exacerbate fears surrounding an impending trade war between the two countries. However, an actual date from which these duties would be levied was not […]
Futures Tumble After Trump Calls For Additional $100 Billion In Chinese Tariffs

Futures Tumble After Trump Calls For Additional $100 Billion In Chinese Tariffs

Update (8:30 pm ET): Barely two hours after Trump offered yet another trade war “tit” to China’s “tat”, the Chinese leadership released a statement foreshadowing its next inevitable retaliation in the escalating trade war between the world’s two largest economies. In a report published by the state-run Xinhua News Agency, Beijing vowed to defend China’s […]
Treasury Yields: A Long-Term Perspective – Thursday, April 5

Treasury Yields: A Long-Term Perspective – Thursday, April 5

Let’s have a look at a long-term perspective on Treasury yields as of the March 29. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and inflation. The range has been astonishing. The stagflation that set in after the 1973 Oil Embargo was finally ended after […]
Dow Breakout

Dow Breakout

Markets look to have found a new routine with 200-day MAs acting as working support. The ‘bear flags’ I had marked for the S&P and Dow Jones Industrial average look toast given the latter index has broken resistance from what now looks to be a horizontal consolidation. However, the larger consolidation from all-time highs has yet […]
EIA Data Sends Natural Gas Lower Yet Again Thursday

EIA Data Sends Natural Gas Lower Yet Again Thursday

It was another EIA Thursday for natural gas, and yet again the print missed expectations in a bearish manner and sent prices decently lower on the day.  Yet the print wasn’t as straightforward as the last couple. The EIA reported a net implied flow of -20 bcf last week, which indicates that 20 bcf of […]
Frontrun The Pershing Square Liquidation: Here Are Ackman’s Top Positions

Frontrun The Pershing Square Liquidation: Here Are Ackman’s Top Positions

As we reported earlier, it appears that after 4 years of losses, Bill Ackman’s investors finally lost patience with the flamboyant activist and as the WSJ noted overnight, “most investors” are rushing for the exits, with Bloomberg adding that about two-thirds of the capital that investors could withdraw from Pershing Square Capital Management’s private funds […]
Will A NAFTA Deal Be Struck (In Principle) Next Week?

Will A NAFTA Deal Be Struck (In Principle) Next Week?

Whiplashed? Last weekend, President Trump threatened again to walk away from NAFTA. Within 48 hours, reports suggest he wanted an agreement at next week’s Summit of the Americas (April 13-14 in Peru). The art of the deal is getting to the deal. After 15 months in office, some political commentators suggest Trump is feeling more […]