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5 Drug/Biotech Stocks Likely To Beat Q3 Earnings Estimates

5 Drug/Biotech Stocks Likely To Beat Q3 Earnings Estimates

The drug/biotech industry has seen a mixed performance in the past six months. The Large Cap Pharmaceuticals sector (comprising some of the biggest drugmakers in the world) has gained 6.5% compared with the S&P 500’s increase of 1.6%. However, the riskier Medical-Biomedical and Genetics sector, which includes large as well as small biotech companies, has underperformed the S&P 500. […]
GBP: Brexit, Budget And The Bank Of England

GBP: Brexit, Budget And The Bank Of England

  Fundamental Forecast for GBP: Neutral STERLING (GBP) TALKING POINTS: Bank of England ‘Super Thursday’ with inflation expectations under the microscope. Budget giveaway to be crimped by no-deal Brexit planning. Sterling continues to falter against an uncompromising Brexit background with no-deal expectations growing as the UK government’s internal fighting continues. Earlier this week PM Theresa May […]
Are Hedge Fund Hotels Really Getting Liquidated?

Are Hedge Fund Hotels Really Getting Liquidated?

We have been covering hedge funds for the last eight years and noticed that financial journalists love to bash hedge funds. When the bull market is raging, they say hedge funds suck because they underperform the market. Now that there is a noticeable market correction going on and hedge funds are outperforming the market, guess […]
Forex Forecast And Cryptocurrencies Forecast For October 29 – November 2

Forex Forecast And Cryptocurrencies Forecast For October 29 – November 2

First, we review last week’s events: EUR/USD  When giving the forecast, we assumed that none of the events noted in the economic calendar would be able to considerably shake the market. And we were right: the market reacted rather sluggishly even to the ECB chair Mario Draghi ‘s statements and to the US GDP data, […]
Forex Forecast: Pairs In Focus – Sunday, Oct. 28

Forex Forecast: Pairs In Focus – Sunday, Oct. 28

The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Getting Out: A Godfather Story

Getting Out: A Godfather Story

“Just when I thought I was out, they pull me back in!” It’s one of the most famous quotes in movies, as Michael Corleone rages in Godfather III over the assassination he narrowly avoided and his inability to steer the family into legit businesses. Michael is what I like to call a coyote , someone who is VERY smart […]
Goldilocks Vs The Bear: The Bear Wins

Goldilocks Vs The Bear: The Bear Wins

The environment that the Federal Reserve envisions for the economy won’t be friendly for stocks. The Wall Street Journal reports (and I agree), Even a Goldilocks Economy Could Be a Bear for Stocks. On balance, policy makers expect to raise rates four more times by the end of next year. The economy will slow, with gross […]
Broken Trend Lines – Attention Needs Be Paid!

Broken Trend Lines – Attention Needs Be Paid!

Sure enough, the Dow fell 296 points or 1.2% on Friday, while the S&P 500 fell 1.7%, which confirms the technical breakdown under the important trendline that formed in early 2016 (I was waiting for a solid close below this level on the weekly chart). This week’s sell-off caused the S&P 500 to break below its […]
US Dollar Aims Higher On Liquidity Appeal Amid Market Rout

US Dollar Aims Higher On Liquidity Appeal Amid Market Rout

  US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar hits 17-month high amid market-wide risk aversion October’s jobs report on tap, wage growth may take top billing Liquidity appeal may fuel USD rally as market rout continues The US Dollar capitalized on market turmoil last week as expected, soaring to a 17-month high against an average of its major currency […]
Don’t Expect A Fed Bail Out: What Convexity Flows Mean For Repricing Of The “Fed Put”

Don’t Expect A Fed Bail Out: What Convexity Flows Mean For Repricing Of The “Fed Put”

One of the major topics to emerge among financial professionals over the past week in the aftermath of the latest violent market move lower was whether the “Fed Put” would come into play, and at what level, and just as importantly, what happens to markets – both stocks and bonds – as this new put […]