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US Jobs Report Shows Dollar To Outperform Further

US Jobs Report Shows Dollar To Outperform Further

Policy divergence will continue to support the dollar, sell EUR/USD?  Fed is likely to continue the hiking pace even as stocks are selling off  US workers enjoyed the biggest leap in pay since 2009 as job gains topped forecasts and the unemployment rate held at a 48-year low, a boost for President Donald Trump ahead of this […]
Why Canadian Dollar Could Rise Ahead Of Fed Decision

Why Canadian Dollar Could Rise Ahead Of Fed Decision

On Friday, Canada released the employment numbers for October. The numbers disappointed with the employment change being 11.2K. This was lower than the 12.7K that traders had expected. It was also lower than the September’s change of 63K. In the previous month, Canada had lost 51K jobs. At the same time, the participation rate declined […]
Market Outlook: Stocks Made A Post-Crash Bounce. What’s Next?

Market Outlook: Stocks Made A Post-Crash Bounce. What’s Next?

The S&P 500 has made a correction and its bounce stalled at the 38.2% retracement. Here’s my long-term, medium-term, and short-term outlook for the U.S. stock market The economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why: The stock market’s long-term is bullish. The bull market […]
USD/CAD Weekly Analysis – Sunday, Nov. 4

USD/CAD Weekly Analysis – Sunday, Nov. 4

USD/CAD stays above a rising trend line on its daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and the next target would be at the 1.3300 area. Only a breakdown below the trend line support could bring the […]
Forex Weekly Outlook Nov. 5-9 – Trump’s Trade Turnaround Weighs On The USD, Elections Eyed

Forex Weekly Outlook Nov. 5-9 – Trump’s Trade Turnaround Weighs On The USD, Elections Eyed

The US dollar had a turbulent week amid the jobs report, movements in stocks, and as a trade deal between the US and China seems real. The US Mid-Term Elections stand out in a busy week that also includes a Fed decision and quite a few top-tier figures. Here the highlights for the next week. […]
Money Flows After The Elections

Money Flows After The Elections

We made it to the midterm elections. It will be nice when they’re finally behind us. Big money and businesses hate uncertainty. They want to know what the business and tax environment will be like in the coming years. Politicians make that difficult. They quarrel back and forth vowing to undo whatever the prior administration […]
Crude Oil Sell-Off Puts Former Best Asset Within Whisper Of Bear Market

Crude Oil Sell-Off Puts Former Best Asset Within Whisper Of Bear Market

  Fundamental Forecast for : Neutral FUNDAMENTAL CRUDE OIL PRICE TALKING POINTS: The ONE Thing: Multiple factors of institutional positions, falling front-month futures premium (chart below,) and building supply gluts have fundamentally shifted the outlook of the oil market toward 2018’s end. A key factor of crude is seen in calendar spreads between December 2018- December 2019 futures contract […]
What Is Wrong With The MLP Model?

What Is Wrong With The MLP Model?

Master limited partnerships emerged as a popular investment vehicle over the past decade. Here’s why investors have soured on the sector. The first master limited partnership (MLP) was formed by Apache Oil Company in 1981. In 1987 Congress legislated the rules for publicly traded partnerships in Internal Revenue Code Section 7704. MLPs slowly gained in […]
Fake News Reports The Bull Market Isn’t Over

Fake News Reports The Bull Market Isn’t Over

CNN Money reports the good news that the bull market isn’t over just yet: “Dow soars 432 points. The bull market’s not over yet.” So says Fake News CNN. However, personally I’m still thinking the advance that began in March 2009, ten years ago is getting pretty long in the tooth.   Take this news from General […]
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                        Markets: Relief Rally

E Markets: Relief Rally

If the US/China trade war was the cause of the October selling, then the start of November has more to go as this narrative turns to deal making. The relief rally back in risk assets is the first chapter of the last week but not the full story for the month ahead. We have moved […]