Category Archive: Finance
Hated Euro Banks Are The New Turnaround Story
European financials have been one of the most hated areas of the market for years. Investors have been jumping ship and moving capital to a more productive place. It’s just too hard for these banks to make money with interest rates so low. But the bear thesis dies once interest rates reverse trend. With higher interest rates, […]
Gold Jumps To Crucial Technical Level. Important Action Coming Up
After what seems like a decade in the shadow of tech stocks and cryptocurrencies, gold and silver are rocking again. Which of course leaves everyone wondering if this is the beginning of the long-awaited epic run, or just a head fake preceding yet another grinding, protracted, soul-sucking decline. The following chart has a couple of […]
Alternative Cryptocurrency Investments: AMD, NVDA, INTC
Two of our favorite tech stocks that have made us over 455% return in the past year appear to be benefitting from the cryptocurrency market. I’m talking about AMD and NVDA. Could these be considered as an alternative to cryptocurrency investments? Our Investments in AMD and NVDA In our portfolio, two of the important stocks since […]
Sensex Drops 100 Points; PSU Stocks Top Losers
After opening the day flat, Indian share markets witnessed selling pressure and are currently trading in the red. Sectoral indices are trading mixed, with stocks in the IT sector and stocks in the PSU sector witnessing maximum selling pressure. The BSE Sensex is trading down 100 points (down 0.3%) and the NSE Nifty is trading down 30 points (down 0.3%). Meanwhile, the BSE Mid Cap index is […]
USD Recovers Amid Two Attempts To Talk It Up – Only A Dead Cat Bounce
US Treasury Secretary Steven Mnuchin said that “a weak dollar is good for the US“. The greenback was already on the back foot and his words sparked a bigger drop in the currency. The USD sell-off is now experiencing a pause. A natural correction after a big move certainly makes sense, but there are also some […]
AUDUSD Daily Analysis – Thursday, Jan. 25
AUDUSD broke above 0.8038 resistance and extended its upside movement from 0.7501 to as high as 0.8085. As long as the price is above the bullish trend line on the 4-hour chart, further rise is still possible after a minor consolidation and next target would be at 0.8200 area. The key support is at 0.7956, […]
South Korea’s Economy Unexpectedly Contracts As Exports Crash Most In 33 Years
For only the 4th time since 1999 (and for the first time since Lehman), South Korea’s economy unexpectedly shrank in Q4 (contracting 0.4% QoQ against expectations of 0.1% expansion), busting the global-synchronized-growth narrative. Only two analysts forecast the possibility of a contraction… Government spending rose 0.5% QoQ, and while private consumption rose 1.09% QoQ, construction investment tumbled […]
A Modest Proposal For Curbing Bitcoin’s Voracious Energy Appetite
Bitcoin mining, as the New York Times’s Nathanial Popper points out, is a voracious consumer of energy, perhaps as much as Denmark. For good reasons, that has environmentalists worried. What is to be done? First, why is Bitcoin mining so energy-intensive? It’s pretty simple, as Popper explains. Nothing has value unless it is scarce. To keep Bitcoin scarce, you […]
Emerging Markets Have The Strongest Earnings Growth
All regions have shown earnings recovery for the past 12 months Seeing strong growth in all Emerging regions Only Developed Americas showed single-digit growth at 7%, unlike other regions
WTI Crude Oil And Natural Gas Forecast – Thursday, Jan 25
WTI Crude Oil The WTI Crude Oil market had a very strong session during the day on Wednesday, showing signs of strength yet again. We broke above the $65 level rather easily, and I think we should continue to go towards the $67.50 level eventually. I think that short-term pullbacks will be buying opportunities and […]
