Category Archive: Finance
Talk, Why Don’t We?
Commodities tried to turn the corner on reports of low-level talks, about a framework to end the trade war, and make everyone realize that perhaps some of the fears of backlash, from a trade war, were overblown. China is feeling the pain of the trade war while the U.S. looks to be gaining. If recent trade […]
The Grand Finale
Let me run a story by you. The dollar is rising against both its EM and DM counterparts, and U.S. equities— predominantly growth and tech—are gunning higher. By contrast, EU equities are lukewarm, and EMs are out-right struggling as balance-of-payment stress take down one domino after the other. In bonds, the U.S. front-end is held […]
Stocks Get Closer To January’s Record High, What’s Next?
The U.S. stock market indexes gained 0.1-0.4% on Friday, extending their short-term consolidation on Friday, as investors hesitated following the recent advance. The S&P 500 index closed at 2,850 mark and it is currently just 0.8% below the January’s 26th record high of 2,872.87. The Dow Jones Industrial Average gained 0.4% and the technology Nasdaq Composite gained just 0.1% […]
The Importance Of One Percent Days For The S&P 500
Last year, 2017, featured an incredibly low number of days with big price moves for the S&P 500 (SPY). In particular, there were only eight (8), days when the S&P 500 gained at least 1% or lost 1% or more (for ease of explanation I will call this concept “days with at least 1% changes”). […]
Italy Urges ECB To Extend QE To Protect From “Speculative Attack”
The chart which we first published last December, and which shows that for the past 3 years the ECB has purchased the bulk of Italian new government bond issuance appears to be making the rounds… … because as Italian 10Y yields continue to rise and are now at the same level they hit during the […]
Morning Call For Monday, August 20
Overnight Markets And News Sep E-mini S&Ps (ESU18 +0.11%) this morning are up +0.22% and European stocks are up +0.65% as strength in metals prices lifts mining stocks and commodity producers. The markets also have a more optimistic tone with the U.S. and China planning for new trade talks at the end of the month. Sep […]
Sensex, Nifty Close At Record Highs; Energy And Metal Stocks Witness Buying
Indian share markets continued their momentum during closing hours of trade and ended the day at their fresh record high levels. Gains were largely seen in the metal sector and energy sector. Both, the Sensex and Nifty, ended their day at record closing highs. At the closing bell, the BSE Sensex stood higher by 331 points (up 0.9%) and the NSE Nifty closed […]
Turkey And Italy Weigh On EUR/USD, Uptrend Support At Risk
The EUR/USD opens the week by consolidating previous gains. Italy’s budget, fresh Turkish concerns outweigh hope for a US-Chinese trade resolution. The chart shows the pair is trading in an upwards channel. The EUR/USD is trading above 1.1400 but below the highs and down on the day. The pair shot higher on Friday on reports […]
US Real Estate Investment Trusts Surged Last Week
Securitized real estate securities in the US posted the strongest gain for the major asset classes last week, based on a set of exchange-traded products. During a week a mixed results for global markets overall, the strong advance in real estate investment trusts (REITs) is a conspicuous upside outlier. Vanguard Real Estate (VNQ) jumped 2.8% over the […]
WTI Crude Oil And Natural Gas Forecast – Monday, August 20
WTI Crude Oil The WTI Crude Oil market rallied a bit during the trading session on Friday, reaching towards the $66 level before pulling back. As we pulled back, it should be noted that we were heading into the weekend so there could’ve been some position squaring causing this. The market seems to have a […]
