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Lock Them Up

Lock Them Up

Venezuelan military rule of the state runs oil company PDVSA took an ugly turn after the Venezuelan military arrested two Chevron workers for what they say is graft and corruption. This comes as the American Petroleum Institute (API) reports a trifecta of draws in petroleum supply, and Morgan Stanly warning that U.S. refiners have had […]
Netflix (NFLX) Pulls FANGs Along For The Ride

Netflix (NFLX) Pulls FANGs Along For The Ride

With a gain of over 9% on Tuesday after its strong earnings report on Monday afternoon, shares of Netflix (NFLX) are up an almost ridiculous 75% YTD, 13% in just the last week, and now over 13% above the 50-DMA. The rally for NFLX has been so huge that its market cap is now just $8 […]
On Slowing Growth, A Flattening Yield Curve And Bear Market Losses

On Slowing Growth, A Flattening Yield Curve And Bear Market Losses

It’s important to understand that yield curve inversion and bear markets typically begin 9 to 12 months before any recession is officially proclaimed in backward-looking data. Here is my partner Cory Venable’s chart showing the inversion points in the past two cycles, and where we are today. In the last cycle, the US yield curve […]
GBP/USD Technical Analysis: Why 1.4040 Is The Level To Watch

GBP/USD Technical Analysis: Why 1.4040 Is The Level To Watch

In recent days, the cable has been one of the best performing currency pairs. It has risen from a low of 1.3700 in early March to a high of 1.4400 yesterday. The surge the pair has experienced can be attributed to several factors. First, there seems to be progress in the Brexit negotiations, inflation, the […]
Sensex Ends Day In The Red; Axis Bank Falls 2.5%

Sensex Ends Day In The Red; Axis Bank Falls 2.5%

After opening the day in the green, share markets in India witnessed volatile trading activity throughout the day and ended the day in the red. Sectoral indices were mixed, with stocks in the FMCG sector and stocks in the realty sector leading the gains. At the closing bell, the BSE Sensex stood lower by 63 points (down 0.2%) and the NSE Nifty closed down by […]
Indonesian SOE Ramping Up Gold And Nickel Production

Indonesian SOE Ramping Up Gold And Nickel Production

Background PT Aneka Tambang Tbk is a 65%-state-owned Indonesian enterprise engaged primarily in mining, refining, and processing of metals including nickel ore, gold, silver, and bauxite. It also mines coal. It is the largest nickel producer by capacity in the country, although precious metals account for nearly 2/3 of the group’s revenue. Business Description ANTM […]
Small Cap Stocks Top Large Cap, Value Trails Growth Year To Date

Small Cap Stocks Top Large Cap, Value Trails Growth Year To Date

It’s been a volatile year so far for stocks, but two big-picture trends are clear in 2018 for two widely followed subsets of the broad market. First, small-cap shares are enjoying a solid run over large caps. Value stocks, by contrast, continue to suffer vs. shares of growth companies, based on year-to-date performances via a […]
Market Watch: LIBOR Is Back In The News

Market Watch: LIBOR Is Back In The News

In late December, I wrote a piece, “LIBOR’s Fate: Could It Be Real This Time?,” about the announcement last summer that this widely used borrowing benchmark would be discontinued at the end of 2021. Well, LIBOR is back in the news, but this time for a different reason. Given the influx of questions I’ve received in the […]
Stock Charts Today – Wednesday, April 18

Stock Charts Today – Wednesday, April 18

A review of today’s commodities, stocks, ETFs and stock market indexes. Video Length: 00:12:10
EURUSD: Breakout Of The Trend Line Likely

EURUSD: Breakout Of The Trend Line Likely

Previous: On Tuesday the 18th of April, trading on the EURUSD pair closed slightly down. By the time trading closed, the euro had lost 10 pips against the dollar. In the US session, the euro shed 78 pips to reach 1.2336 after having hit a new high at the beginning of the European session. The drop […]