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Tropical Storm Gordon Trumps Other Concerns

Tropical Storm Gordon Trumps Other Concerns

Tropical Storm Gordon is driving the cost of West Texas Intermediate (WTI) Crude oil above Brent Crude oil and above most other commodities that are being held back by dollar strength and trade war fears, and talk of rising OPEC oil production. The storm, that we warned about last week, is now taken center stage […]
Is It Too Late To Buy Salesforce Stock?

Is It Too Late To Buy Salesforce Stock?

Salesforce (NYSE:CRM) has gained nearly 60% in the past year alone, and its performance is even more impressive on a longer time frame. Over the past decade, investors in Salesforce have gained a stratospheric 1,010%, versus a far more modest cumulative gain of 127% for the S&P 500 index in the same period. CRM data […]
Bitcoin Daily Forecast – Tuesday, September 4

Bitcoin Daily Forecast – Tuesday, September 4

BTC/USD The Bitcoin markets rallied during the thin trading session on Monday, as the Americans were away for the Labor Day holiday. However, when I look at this chart I see a downtrend line just above that I think the market will test soon. Because of this, I think the next couple of days could […]
Indian Indices End Volatile Day In The Red; IT Stocks Buck Trend

Indian Indices End Volatile Day In The Red; IT Stocks Buck Trend

After opening the day in green, share markets in India witnessed volatile trading activity throughout the day and ended the day flat. Sectoral indices ended the day mixed, with stocks in the telecom sector leading the gains, while stocks in the consumer durables sector lost the most. At the closing bell, the BSE Sensex stood lower by 155 points (down 0.4%) and the NSE […]
New NAFTA Is Just Old Protectionism And Bad Economics

New NAFTA Is Just Old Protectionism And Bad Economics

A new North-American trade deal is in the works between the U.S. and Canada, after a tentative agreement was reached with Mexico last week. The deal would replace the almost 25-year-old NAFTA accord between the three countries. The media and industry alike are suffering from “deal fever,” as they eagerly await the results of negotiations. There is not much […]
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                        Markets: Back To Work

E Markets: Back To Work

The world post the US Labor Day Holiday is getting back to work on the usual worries, and with the new month, investors seem busier jockeying for positions into the end of the year race for returns. The fear of missing out on a larger rally up in risk assets balances against the significant doubts from […]
Major Asset Classes – August 2018 Performance Review

Major Asset Classes – August 2018 Performance Review

US equities topped the performance ledger for a second straight month in August for the major asset classes. The gain marked the fifth straight monthly increase and the strongest for the US stock market since January. Russell 3000 Index, a broad measure of shares in the US, rose 3.5% last month. In close pursuit: real […]
BTC/USD Forex Signal – Tuesday, September 4

BTC/USD Forex Signal – Tuesday, September 4

Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered before 5pm Tokyo time, during the next 24-hour period. Long Trade Long entry after a bullish price action reversal on the H1 time frame following the next touch of $7,128. […]
South Africa Unexpectedly Slides Into Recession For The First Time Since 2009

South Africa Unexpectedly Slides Into Recession For The First Time Since 2009

With South Africa reeling amid concerns of land expropriation, the rand tumbling amid broad emerging market fears and the local economy pressured by collapsing consumer spending, moments ago the Pretoria-based Statistics South Africa announced that Q2 GDP contracted at a 0.7% annualized rate, missing expectations of a 0.6% increase, and together with the sharp drop in […]
New Record Highs For S&P 500 In Final Week Of August 2018

New Record Highs For S&P 500 In Final Week Of August 2018

The S&P 500 (Index: SPX) continued setting new highs during the fifth and final week of August 2018, with its highest closing value to date set at 2,914.04 on Wednesday, 29 August 2018. The index went on to finish the week slightly lower at 2,901.52. The recent uptrend in stock prices has lifted the trajectory of the S&P 500 […]