Archives by Month:

Archives by Year:

Weekend Reading: Recession Risk Rising

Weekend Reading: Recession Risk Rising

In yesterday’s post, we discussed the importance of the S&P 500 as a leading indicator of recessions in the U.S. “The problem with making an assessment about the state of the economy today, based on current data points, is that these numbers are “best guesses” about the economy currently. However, economic data is subject to substantive negative revisions […]
That Was Fast

That Was Fast

It seems like longer ago now, but it was just on Monday that everyone was focused on the big 4% rally in China and how that could have marked the bottom indicating some stability for the global financial markets. As we noted at the time, big up moves typically occur in weak overall market environments, […]
Q3 GDP Advance Estimate: Real GDP At 3.5%

Q3 GDP Advance Estimate: Real GDP At 3.5%

The Advance Estimate for Q3 GDP, to one decimal, came in at 3.5% (3.50% to two decimal places), a decrease from 4.2% for the Q2 Third Estimate. Investing.com had a consensus of 3.3%. Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an […]
BCE – The Phone Is Ringing, Will You Pick It Up?

BCE – The Phone Is Ringing, Will You Pick It Up?

Video Length: 00:04:43 Verbatim 00:02 Mike Heroux: Hello fellow investors, this is Mike Heroux from Dividend Stocks Rocks. I hope you’re doing well today. For the stock pick of the week, we are going back on Canadian territories. Once again, I wanna discuss a leader in its market a company that is paying a 5% […]
Bitcoin Daily Forecast – Friday, Oct. 26

Bitcoin Daily Forecast – Friday, Oct. 26

Bitcoin markets continue to do very little during the day, and it looks very likely that we are entering a sideways market. I think that the descending triangle is about to be broken, but unless it’s some type of explosive move in the next couple of days, it simply going to be a failed pattern. […]
Oil Unglued

Oil Unglued

Oil has become unglued from strong demand and tight supply figures as global stock markets shake with fear. Great earnings from oil companies like ConocoPhillips don’t matter after Amazon misses, raising fears about a global economic slowdown. Oil prices are still being weighed down by stock market worries and get little help from bullish oil data […]
E
                                                
                        Markets: New Stories?

E Markets: New Stories?

We no longer believe in Goldilocks and buying-the-dip. Markets have changed to another story, where only the self-reliant win – call it Hansel and Gretel. The sugar house of beguilement has been lower rates and the witches are the central bankers as they offer promises of stability but the present volatility is the oven and […]
Morning Call For Friday, Oct. 26

Morning Call For Friday, Oct. 26

Overnight Markets And News Dec E-mini S&Ps (ESZ18 -1.02%) this morning are down sharply by -1.20% at a 5-3/4 month low and European stocks are down -1.93% at a fresh 1-3/4 year low. Global stocks plunged as disappointing earnings reports from bellwether companies Alphabet and Amazon fuel a broad sell-off in technology stocks with Amazon down […]
Sensex Ends Day In The Red; IT Stocks Lead Losses

Sensex Ends Day In The Red; IT Stocks Lead Losses

After opening the day in green, share markets in India witnessed volatile trading activity throughout the day and ended the day on a negative note. Sectoral indices traded mixed, with stocks in the IT sector and stocks in the banking sector, leading the losses. At the closing bell, the BSE Sensex stood lower by 341 points (down 1%) and the NSE Nifty closed down […]
EURUSD: Correction Offers Euro Bulls New Chance To Recover Losses

EURUSD: Correction Offers Euro Bulls New Chance To Recover Losses

Previous: ECB President Mario Draghi’s press conference was the key event on Thursday. Following the meeting, the governing council of the ECB decided to leave interest rates in the Eurozone unchanged. The refinancing rate remained at 0.00%. The decision coincided with the market forecast, so there was no noticeable reaction to it. At the beginning […]