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PayPal Beats Revenue Estimates

PayPal Beats Revenue Estimates

  CNBC’s Deirdre Bosa reports that PayPal beat revenue estimates.
“One Size Fits Germany” Mathematical Impossibilities, Get Your Money Out Now!

“One Size Fits Germany” Mathematical Impossibilities, Get Your Money Out Now!

Italy, on the Euro, has a currency that is 9% too high. Germany, on the Euro, has a currency that is 11% too low. There was much discussion yesterday about the US Treasury report that determined China was not a currency manipulator. However, there are six countries on the manipulation watch list: China, Japan, Korea, […]
An In-Depth Look At The Falling Markets And Potential Central Bank Reaction

An In-Depth Look At The Falling Markets And Potential Central Bank Reaction

(Audio length 00:13:20) Richard Postma is with us today to shares his thoughts on the US market selloff. We discuss the levels to watch in terms of support. In a longer-term sense, we address how central banks could react if this sell-off turns into a full fledged bear market.
Stocks And Precious Metals Charts – Angels Of Death

Stocks And Precious Metals Charts – Angels Of Death

Stocks were weak today. Global jitters and weaker than expected results from real economy companies shook bully’s swaggering confidence. Gold and silver tried to rally, and gold managed to hold a bit of a gain, as the US Dollar gained ground higher. Today was an absolutely beautiful autumn day here in the northeast. Have a […]
Real Tumbles After Brazil’s Central Bank Head Said To Quit By Year End

Real Tumbles After Brazil’s Central Bank Head Said To Quit By Year End

What was already an ugly day for emerging markets, turned even uglier for Brazil when Bloomberg reported that the head of Brazil’s central bank, Ilan Goldfajn, was preparing to leave the central bank by year-end. There was no reason cited for the departure of the relatively new central bank head, who was appointed to his […]
Hot Options Report For End Of Day – Thursday, Oct. 18

Hot Options Report For End Of Day – Thursday, Oct. 18

Data Courtesy of Trade Alert 
“Glut” Or “Seasonal Build” ?

“Glut” Or “Seasonal Build” ?

Davidson” submits: Suddenly the headlines seem to have turned to ‘oil over-supply’ when just 4wks ago they implied ‘short-supply’ vs demand. The data reflects the seasonal fall slow-down in refining to change to winter fuel catalysts while imports continue to come in giving us a short period of inventory build till refineries restart. Inventory builds […]
Crude Oil Weekly Technical Outlook- WTI Testing Critical Price Support

Crude Oil Weekly Technical Outlook- WTI Testing Critical Price Support

In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. US Crude Oil prices have fallen more than 10% form the October high with the price now approaching critical multi-year slope support. Here are the key targets & invalidation levels that matter on the Crude Oil (WTI) weekly […]
Stock Market Echoes Of 2016 Election

Stock Market Echoes Of 2016 Election

October correction phase will continue until election day and beyond should Trump lose control of Congress to his rivals with echoes of the 2016 election uncertainty saga.  On 09-28-18, three days prior to the record stock market peak on October 3rd, our newsletter warned of an October correction parallel to 2016. The common characteristic being […]
Russia And China Prepare To Ditch Dollar In Bilateral Trade

Russia And China Prepare To Ditch Dollar In Bilateral Trade

In a time when many nations have gone public with their intention to ditch the dollar in part or in whole, in bilateral trade with non-US counterparts, either to prevent the US from having “veto power” of commerce courtesy of SWIFT or simply in response to Trump’s “America First” doctrine, attention has long focused on […]