Archives by Month:

Archives by Year:

AUDUSD Daily Analysis – Wednesday, Nov. 7

AUDUSD Daily Analysis – Wednesday, Nov. 7

AUDUSD failed to break above 0.7258 resistance and stayed in a trading range between 0.7180 and 0.7258. Support is at 0.7180, as long as this level holds, the price action in the range could be treated as consolidation for the uptrend from 0.7020 and further rise to 0.7300 area is still possible after the consolidation. […]
Crude Oil Prices May Extend Worst Losing Streak In 20 Months

Crude Oil Prices May Extend Worst Losing Streak In 20 Months

Crude oil prices slumped, suffering the seven consecutive day in the red to make for the longest losing streak since April 2017. That followed an EIA report predicting the biggest increase in US oil production on record in 2018. API data showing inventories added a hefty 7.83 million barrels last week reinforced the move. Gold prices edged lower […]
GBP/USD: On The Rise, And Now Brexit Returns To The Limelight

GBP/USD: On The Rise, And Now Brexit Returns To The Limelight

The Pound is looking perky as Democrats are all but sure in the House. Hopes for a Brexit deal remain the primary driver. The technical picture looks quite upbeat for cable. The GBP/USD is challenging the highs in the mid 1.3100s. The US Dollar is on the back foot as most networks have declared Democrats […]
S&P 500 And Nasdaq 100 Forecast – Wednesday, Nov. 7

S&P 500 And Nasdaq 100 Forecast – Wednesday, Nov. 7

S&P 500 The S&P 500 went back and forth during the trading session on Tuesday as we await the results of the US midterm elections. Because of this, it’s likely that the market is going to react somewhat erratically, but I also have noticed that there has been a lot of noise right around the […]
Is A Crude Oil Liquidation Event Ahead?

Is A Crude Oil Liquidation Event Ahead?

West Texas Intermediate (WTI) crude oil is down approximately 20% since the start of October, putting it into bear market territory. Crude oil’s rout is due largely to reduction of the severity of the sanctions placed by the U.S. on Iran as well as the financial market and economic fears that have resurfaced in the past month. […]
Multiple Jobholders: Over Two Decades Of Trends As Of October

Multiple Jobholders: Over Two Decades Of Trends As Of October

What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly Current Population Survey of households. At present, multiple jobholders account for just 5.2 percent of civilian employment. The survey captures data for […]
3rd Greatest PE Decline & How S&P 500 Free Cash Flows Are Spent…

3rd Greatest PE Decline & How S&P 500 Free Cash Flows Are Spent…

The labor market is almost full as the prime age employment to population ratio is nearing the 2007 and 1990 peaks and the underemployment rate is in between the past two cycle bottoms. Firms in many industries are complaining they can’t find qualified workers. There’s a catch to that point. They can’t find qualified workers […]
No China Trade Deal Equals Weaker Stocks And GDP

No China Trade Deal Equals Weaker Stocks And GDP

Trump – China trade dispute, peak profit margins and downward earnings forecasts will keep stock prices on the defensive in the months ahead. The equity Bull market can be sustained and a recession avoided in 2019, however it will require a resolution on the trade front and likely further US and global economic slowing. The […]
Stocks Going Ex Dividend In November 2018

Stocks Going Ex Dividend In November 2018

The following is a short list of some of the many stocks going ex-dividend during the next month. Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex-dividend date and selling the stock shortly after the […]
Natural Gas Settles Down As Forecasts Stabilize

Natural Gas Settles Down As Forecasts Stabilize

It was a much slower day in the natural gas market, as we saw the December contract settle down a bit less than half a percent with strength further out along the curve.  In what was a new development for the market the February contract ended up taking the lead today.  The result was a […]