October 2018 - Page 80 of 262 -

Why You Should Buy Beaten-Down Chip ETFs Ahead Of Q3 Earnings

Oct 22, 2018 Jeremy Parkinson Finance 0

Semiconductors were under pressure in the third quarter given the waning demand for memory chips and escalation in trade tensions between the United States and China. As a result, iShares PHLX Semiconductor ETF (SOXX – Free Report), VanEck Vectors Semiconductor ETF (SMH – Free Report) and PowerShares Dynamic Semiconductors Fund (PSI – Free Report) have lost 9.5%, 10.9%, and 13.8%, respectively, in the past […]

Down 15%+ In 15 Days

Oct 22, 2018 Jeremy Parkinson Finance 0

October is still only a little more than 15 trading days old, but there are already 31 stocks in the S&P 500 that are down over 15% on the month. The table below lists each of those 31 names, and while it’s not uncommon to see volatile stocks from the Technology or Consumer Discretionary sectors […]

USD/CAD Testing Bearish Channel Resistance Ahead Of BOC Wednesday

Oct 22, 2018 Jeremy Parkinson Finance, No picture 0

The week has gotten off to a slow start in terms of impactful economic data, and the dearth of scheduled releases will carry over through tomorrow’s trade as well. That said, the latter half of the week should be more interesting for FX traders, starting with Wednesday’s Bank of Canada meeting. Despite weaker-than-expected CPI (-0.4% […]

Stop(ped) The (Printing) Press

Oct 22, 2018 Jeremy Parkinson Finance, No picture 0

Banks in China have to hoard liquidity ahead of their weeklong holidays, twice each year. The bigger of the two, related to the Chinese New Year, occurs in either January or February. The second, associated with China’s National Day, takes place at the beginning of every October and is still a formidable challenge to the […]

GBP/USD Forecast: Post-EU Summit Weakness To Persist As Bull Trend Snaps

Oct 22, 2018 Jeremy Parkinson Finance, No picture 0

GBP/USD is back under pressure even as U.K. Prime Minister Theresa May argues that the Brexit negotiations are ‘95%’ complete, and recent price action raises the risk for a further decline in the exchange rate as it carves a series of lower highs. GBP/USD FORECAST: POST-EU SUMMIT WEAKNESS TO PERSIST AS BULL TREND SNAPS GBP/USD stands at risk […]

Dow Dumps 300 Points, Back Below Overnight Lows

Oct 22, 2018 Jeremy Parkinson Finance 0

Dow futures are down over 300 points from pre-opening highs (ramped by China’s National Team), and back below overnight lows. The S&P is also back in the red but Nasdaq – for now – remains in the green… Pushing The Dow back to Friday’s lows… The Dow and S&P are both well underwater but the […]

Here’s How Hungary Reduced Risk Without Forfeiting Returns

Oct 22, 2018 Jeremy Parkinson Finance 0

Hungary isn’t known today as one of the world’s top gold producing countries. There was a time, though, when it accounted for around three-quarters of Europe’s entire output of the yellow metal if you can believe it. According to historian Peter Sugar’s A History of Hungary, the central European country was a “veritable El Dorado” in the 14th […]

Focus Remains On USD/CAD Pair Ahead Of BOC Decision

Oct 22, 2018 Jeremy Parkinson Finance 0

The Canadian economy has done well this year, receiving support from the improving crude oil market. The announcement of a US, Mexico, and Canadian trade deal has also provided support for the Canadian economy. This is mostly because of the central role the United States plays in the Canadian economy. Every year, the country exports […]

Physical Gold Flowing Steadily Out Of The US

Oct 22, 2018 Jeremy Parkinson Finance 0

Exhaustible supply meets seemingly insatiable demand. There is a sea change underway in the global monetary regime that has been in place since the end of World War II. It is a major historical event, and as such, happens slowly for a very long time, and then all of a sudden, catching most by surprise. The […]

Icahn Agrees To Sell American Railcar In Deal Valued At Approx. $1.75B

Oct 22, 2018 Jeremy Parkinson Finance 0

Icahn Enterprises L.P. (IEP) announced that its majority-owned subsidiary, American Railcar Industries (ARII), entered into a definitive agreement to merge with a wholly-owned subsidiary of ITE Rail Fund L.P., managed by ITE Management L.P., at a price of $70.00 per share, which is 51% above the October 19, 2018 closing price of $46.29. The transaction […]