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Why Is The Weakness In GBP/USD Likely?

Why Is The Weakness In GBP/USD Likely?

In recent days, the British pound declined quite sharply against the greenback, which caused several negative developments. Will currency bears be strong enough to trigger further deterioration in the coming week? EUR/USD – Double Bottom or Further Declines? On Wednesday, EUR/USD closed the day well below the red line (the upper border of the red […]
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                        Rising Long-Term Interest Rates: Be Careful For What You Wish For

E Rising Long-Term Interest Rates: Be Careful For What You Wish For

The surge in U.S. long-term interest rates has long been desired as a sign of strong economic growth, yet it does not come about without consequences. Central banks are constrained by the limits on how much they could reduce short-term interest rates to promote growth. They were forced to develop policies that would affect long-term […]
V.F. Tops Q2 Earnings And Revenue Estimates

V.F. Tops Q2 Earnings And Revenue Estimates

V.F. (VFC – Free Report) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.52%. A quarter ago, it was expected that […]
Consider These 3 T. Rowe Price Mutual Funds

Consider These 3 T. Rowe Price Mutual Funds

T. Rowe Price is a renowned publicly owned investment management firm, headquartered in Baltimore, MD. The company was founded in 1937 by Thomas Rowe Price, Jr. It managed assets worth $1.08 trillion as of Sep 30, 2018, and prides itself in having more than 6,800 associates, including 571 investment professionals. The company has around 16 […]
DXY Index Hovers Below October Highs; USD/CAD At Six-Week High

DXY Index Hovers Below October Highs; USD/CAD At Six-Week High

The US Dollar (via the DXY Index) has seen a revival after two days of strong gains on Wednesday and Thursday, and now the world’s reserve currency is set to close out the week near its highs for the month. A return back to the black fits with the historical performance in October – over the past […]
The Scariest Day

The Scariest Day

Yesterday wasn’t a fun day to be a bull. While the S&P 500 was close to unchanged late in the morning, sellers stepped in around lunch time and didn’t let up the entire day. Companies reporting earnings were even harder hit as the average stock reporting earnings after the close Wednesday or before the bell, […]
Procter & Gamble Q1 Earnings And Revenues Beat Estimates

Procter & Gamble Q1 Earnings And Revenues Beat Estimates

Procter & Gamble (PG – Free Report) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.75%. A quarter ago, it was […]
The Price And The Pauper

The Price And The Pauper

Crown Prince Mohammed bin Salman, of Saudi Arabia, is suspected by some of ordering the alleged murder of Saudi journalist Jamal Khashoggi. President Donald Trump says it certainly looks like he is dead. Yet, was the murder carried out with the knowledge of the Crown Prince or was the murder carried out by some pauper […]
This Commodity Is Breaking Above Resistance And Moving Averages, Says Joe Friday

This Commodity Is Breaking Above Resistance And Moving Averages, Says Joe Friday

At the beginning of the month, the Power of the Pattern shared that Coffee was testing long-term support, as it was at the apex of a bullish falling wedge, with momentum deeply oversold and commercial hedgers were betting big time it would rally.  In the past when this setup was in play, Coffee rallied more […]
Weekend Reading: Tax Cuts Saved The Economy?

Weekend Reading: Tax Cuts Saved The Economy?

IBD recently penned an article touting the success of the recent tax cuts from the Trump administration. “The Treasury Department reported this week that individual income tax collections for FY 2018 totaled $1.7 trillion. That’s up $14 billion from fiscal 2017, and an all-time high. And that’s despite the fact that individual income tax rates got a significant […]