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How I Learned To Stop Worrying And Love The Vol

How I Learned To Stop Worrying And Love The Vol

Following one of the most tranquil years in stock market history, volatility came roaring back in late January and early February.  Many investors were calling for the inevitable return of volatility in 2018, ourselves included. That said, few foresaw how quickly and how violently that prediction would come to fruition. While there was some debate as to […]
U.K. Construction PMI Inches Higher In February

U.K. Construction PMI Inches Higher In February

Business activity in the UK construction sector inched higher in February despite rising input cost. The construction Purchasing Managers’ Index climbed from January’s 4-month low of 50.2 to 51.4 in February, IHS Markit reported on Friday. This indicated a slight increase in construction activities during the month, but lower than the 2017 average of 52.3. […]
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                        Crude Oil Down $3 For Trading Week

E Crude Oil Down $3 For Trading Week

Crude Oil Futures Crude oil futures in the April contract settled last Friday in New York at 63.55 a barrel while currently trading at 60.77 down nearly $3 for the trading week following the stock market lower as the volatility has reemerged in both sectors as crude oil has been mirroring the equity market over […]
Morning Call For Friday, March 2

Morning Call For Friday, March 2

OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps (ESH18 -0.45%) this morning are down -0.50% and European stocks are down -1.57% at a 2-week low. Stocks are falling on concern economic growth and global trade may suffer because of the planned U.S. tariffs on foreign metal imports. European Commission President Juncker said Europe will respond “firmly” to any new duties. An […]
LaFargeHolcim Cements The Future

LaFargeHolcim Cements The Future

The basic materials sector includes thirteen industries all related to mining, making and delivering essential commodities.The industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals and minerals; paper; silver; specialty chemicals; steel. Today I’ll review a building materials manufacturer, LafargeHolcim Limited. It’s trading ticker symbol is HCMLY.  LafargeHolcim Ltd as a building […]
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                        The British Economy Sped Up In The Fourth Quarter, But The Outlook For 2018 Is Still Somewhat Chancy

E The British Economy Sped Up In The Fourth Quarter, But The Outlook For 2018 Is Still Somewhat Chancy

The British economy seemed to accelerate in the fourth quarter of 2017, suggesting that perhaps the Brexit issue was not weighing as heavily on the economy as once feared. In all of 2017, Britain’s real GDP rose 1.8% compared to 1.9% in 2016. Real GDP rose 0.5% in Q4, which was a very fast rate […]
EUR/USD: Announcement Of US Import Tariffs Boosts The Euro

EUR/USD: Announcement Of US Import Tariffs Boosts The Euro

On Thursday the 1st of March, trading on the euro/dollar closed up. The pair dropped to the 157th degree at 1.2155 on the back of a rising dollar. From there, the euro rebounded to reach 1.2273, marking a rise of 118 pips. The US dollar and US stock markets have taken a big hit from this announcement […]
Stocks, S&P Futures Plunge After Trump-Kuroda Double Whammy

Stocks, S&P Futures Plunge After Trump-Kuroda Double Whammy

As if markets did not have enough to worry about with this weekend’s Italian election and SPD “grand coalition” referendum, overnight stocks were slammed by growing worries of global trade war as well as a warning from BOJ governor Kuroda that Japan’s QE may be coming to an end. As noted earlier, Kuroda hint that the […]
USD/JPY Downtrend Continues After Breaking Support And Completing Wave-4

USD/JPY Downtrend Continues After Breaking Support And Completing Wave-4

USD/JPY 4 hour The USD/JPY completed a wave 4 (blue) and is confirming a wave 5 (blue) pattern with its bearish break below the support trend lines (dotted blue). A bearish continuation towards the 105 round level now seems likely. 1 hour  The USD/JPY could be building bearish wave 3 (green) pattern.  EUR/USD 4 hour […]
Global Payments Upgraded To Overweight From Neutral At Piper Jaffray

Global Payments Upgraded To Overweight From Neutral At Piper Jaffray

Piper Jaffray analyst Jason Deleeuw upgraded Global Payments to Overweight and raised his price target for the shares to $131 from $121. The stock closed yesterday down $1.95 to $111.45. The integrated payments channel in the merchant processing space is undergoing a “profound shift” with software solutions gaining power as omnichannel payments and business solutions […]