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Canadian Dollar Rally Ruined By Crashing Crude Prices

Canadian Dollar Rally Ruined By Crashing Crude Prices

The Canadian Dollar was supported the BOC but oil prices weighed. A light week leaves the loonie mostly at the mercy of oil and the global mood. The technical picture remains balanced for the pair.   This was the week: BOC is bullish again, data is good, but oil slips Bank of Canada Governor Stephen […]
The Big Four Economic Indicators – October Nonfarm Employment

The Big Four Economic Indicators – October Nonfarm Employment

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee weighs […]
Bear Of The Day: Bank OZK (OZK)

Bear Of The Day: Bank OZK (OZK)

Bank OZK (OZK – Free Report) shocked Wall Street by taking a large charge for real estate loans gone bad. This Zacks Rank #5 (Strong Sell) has seemingly been infallible to real estate losses, until now. Investors are left wondering, what will be next? Bank OZK is headquartered in Arkansas and has $22 billion in assets. For years, […]
Living With Nothing; Or, ‘If You Don’t Like This One Nothing Is Going To Make You Happy’

Living With Nothing; Or, ‘If You Don’t Like This One Nothing Is Going To Make You Happy’

On December 5, 2014, the Bureau of Labor Statistics (BLS) reported that in the month of November 2014 nonfarm private payrolls had surged by +321k. Typically bureaucratic, the introduction to the report was unusually blunt. “Job gains were widespread.” The text didn’t come right out and say it so the media did it all for […]
Why Crude Oil Could Continue Moving Lower

Why Crude Oil Could Continue Moving Lower

The price of crude oil fell yesterday after a new report from OPEC revealed that its members were increasing production. The biggest gainers in the month were Saudi Arabia, United Arab Emirates, and Libya. This increase was in line with the increase in production from the United States. Yesterday, data from the EIA showed that […]
Stocks And Bonds Are Finally Plummeting. Here’s How The Big Banks Are Pulling Some Strings

Stocks And Bonds Are Finally Plummeting. Here’s How The Big Banks Are Pulling Some Strings

Demand for Treasuries at the weekly Treasury auctions has risen by slightly more than the increase in new issuance lately. With more buying, which should boost price and push the yield down, why have Treasury yields been rising? Because selling in the secondary market has outstripped demand! Securities prices, just like the prices of the […]
Most Active Equity Options And Strikes For Midday – Friday, Nov. 2

Most Active Equity Options And Strikes For Midday – Friday, Nov. 2

Top tickers for midday: GE, AAPL, BAC, PACB, NWL.
NZD/USD Rate Rebound Vulnerable To Dovish RBNZ, Hawkish Fed

NZD/USD Rate Rebound Vulnerable To Dovish RBNZ, Hawkish Fed

The recent break out in NZD/USD appears to have stalled following the U.S. Non-Farm Payrolls (NFP) report as the fresh updates show a pickup in job/wage growth, but recent price action raises the risk for a larger correction as the exchange rate breaks out and initiates a series of higher highs & lows. NZD/USD RATE REBOUND VULNERABLE TO DOVISH […]
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                        German DAX Trading Bearish

E German DAX Trading Bearish

German DAX is picking up from the lows, indicating that a higher degree correction is here. We are talking about wave 4) which can be looking for a resistance around 11700 area; that’s just above 38.2% Fib. level and close to a trendline connected from 12465. Also, recovery is overlapping so we would not be […]
USD/JPY: The Dollar Wins When Safe-Havens Lose

USD/JPY: The Dollar Wins When Safe-Havens Lose

This was the week: Stocks recover, and so does the pair US President Donald Trump tweeted about a fruitful conversation with Chinese President Xi Jinping. The phone call came ahead of their meeting at the G-20 Meetings in Buenos Aires later this month. The top topic is trade. The clash between the world’s largest economies over […]