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                        First Majestic Silver: After A Tough 2017- Cautiously Bullish

E First Majestic Silver: After A Tough 2017- Cautiously Bullish

First Majestic Silver (AG) is a mining company focused on silver production in Mexico. It has been nearly a year since we checked in on the name. We like this miner because it is aggressively pursuing the development of its existing mineral property assets, and plans to ramp up production. First Majestic presently owns and […]
USDCAD Daily Analysis – Monday, March 5

USDCAD Daily Analysis – Monday, March 5

USDCAD is facing 1.2920 (Dec 19, 2017 high) resistance, a breakout of this level could take price towards 1.3100 area. Near-term support is at 1.2809, a breakdown below this level could bring price back towards the bullish trend line on the 4-hour chart, only a clear break below the trend line support could signal completion […]
AUD/USD Implied Volatility Elevated Ahead Of RBA And Trade Talks

AUD/USD Implied Volatility Elevated Ahead Of RBA And Trade Talks

The markets are bracing for what could be some elevated price action in the Australian Dollar based on options-derived calculations. One-day (1D) AUD/USD implied volatility stands at its highest since February 14th at 13.70%, the most of the major pairs. The one-week (1W) reading is also elevated at 9.75%. A combination of incoming local economic and ongoing political […]
Gold Forecast: March 2018

Gold Forecast: March 2018

Gold prices settled at $1322.05 an ounce on Friday, falling 0.42% on the week and 1.99% over the month. A rebound in the U.S. dollar and technical selling pressure sapped demand for the precious metal. Minutes from the Federal Open Market Committee’s January meeting and comments from Federal Reserve Chairman Jerome Powell boosted expectations for […]
Housing Collapse Coming Right Up

Housing Collapse Coming Right Up

Mortgage rates are high and rising. Refinancing opportunities are nonexistent, home affordability has collapsed. The latest Black Knight Mortgage Monitor is worth a very close look. Here’s what the report says about the feature chart. Recent rate jumps coupled with climbing home prices have increased the cost to purchase the median home by $67/month (+6 percent) over […]
Off Cheap Valuation Of PSU Banks And Key Stocks In Action Today

Off Cheap Valuation Of PSU Banks And Key Stocks In Action Today

NSE PSU Bank Index surged 30% on 25th October 2017 – the date when bank recapitalization of Rs 2.1 trillion was announced. God bless the investors who bought the public-sector banks on this date. Fast forward to 27th February and investors would have lost massive net worth in these stocks. Loss in Market Capitalization of […]
Emerging Markets: Previewing The Week Ahead

Emerging Markets: Previewing The Week Ahead

(from my colleague Dr. Win Thin) EM FX ended Friday on a mixed note, capping off a largely softer week.  Best performers last week were MYR and TWD while the worst were ZAR and ARS.  US stocks clawed back early losses and ended the week on a firmer note but we think further market turbulence is likely.  […]
Forex Weekly Outlook March 5-9

Forex Weekly Outlook March 5-9

The uncertainty in the U.S. continued to weigh on U.S. economic outlook after President Trump announced that the import tariffs on steel and aluminum will be increased to 25 percent and 10 percent respectively. This led to weak U.S dollar as investors abandoned the currency despite strong economic fundamentals. In the U.K., manufacturing activities grew […]
My Thoughts On The Steel Tariff And Prospects For A Trade War

My Thoughts On The Steel Tariff And Prospects For A Trade War

FoxBusiness: .@PMorici1 on tariffs on imported steel and aluminum: “What this is is a message to the Chinese and to our allies: things have to change. We cannot go on with the kinds of trade deficits that we have without bankrupting our nation.” … pic.twitter.com/o9noGCizfU — MAD MOOLAH®🎙️ (@MadMoolahShow) March 2, 2018
5 Top Stocks To Survive A Trade War

5 Top Stocks To Survive A Trade War

President Trump has just announced that the US is about to impose 25% tariffs on steel imports and 10% on aluminium imports. The decision caused global markets to shudder, especially on concerns that Europe and Asia would retaliate. For the week, the S&P 500 closed down 2%, nearly twice as much as any decline in 2017. […]