Category Archive: Finance
USDCAD Daily Analysis – Thursday, Jan. 25
USDCAD broke below 1.2355 support and continued its downside movement from 1.2920. Further decline could be expected and next target would be at 1.2200 area. Near-term resistance is at 1.2400, only break above this level could trigger another rise to test 1.2590 resistance.
S&P 500 And Nasdaq 100 Forecast – Thursday, Jan 25
S&P 500 The S&P 500 went back and forth during the trading session on Wednesday, showing signs of volatility near the 2025 level. The market is obviously very bullish, but I don’t have any interest in trying to go long quite yet, because there is so much in the way of over-extension. I think that […]
Report Cards On Real Assets
KPMG has posted a new paper looking at the role of real assets (defined as “anything where there is a tangible/physical asset being traded”) within a portfolio, with a focus on opportunities for U.K. based institutional investors, especially pension schemes. It begins with a brief survey of the field. Real assets include: Property funds. The […]
Gary Shilling Is Betting Against Dalio, Gross And Gundlach
A good piece over at the Globe & Mail has economist Gary Shilling sharing some of his best and worst calls through the years. He’s a macro analyst, not a stock picker. And it was his macro view that helped him predict the end of inflation in the early 1980s and the collapse of the […]
5 Telecom Stock Set To Beat Estimates This Earnings Season
The U.S. telecommunications industry had a disappointing 2017. Cut-throat pricing competition resulting in lower ARPU (average revenue per user) and margins, massive investment for upcoming 5G wireless network and fiber optic buildout resulting in low free cash flow and intense competitive pressure shifted investor’s focus toward other growth-oriented industries in an overall bull market in […]
Of Rising Crude Oil Prices, Nifty IT Index, And Top Cues In Focus Today
Share markets in India closed on a flat note yesterday. At the closing bell yesterday, the BSE Sensex stood higher by 22 points and the NSE Nifty closed up by 3 points. The BSE Mid Cap index ended the day down by 0.6%, while the BSE Small Cap index ended the day down by 0.9%. […]
The Dismal Boom
There is a fundamental assumption behind any purchasing manager index, or PMI. These are often but not always normalized to the number 50. That’s done simply for comparison purposes and the ease of understanding in the general public. That level at least in the literature and in theory is supposed to easily and clearly define […]
Will “Real” Rally Sweeten Sugar?
Understandably the commodity-oriented Brazilian economy has a close connection between its currency and the crops it grows. Sugar, Coffee, Cocoa and to a lesser extent Soybeans and Orange Juice all have some correlation with the Brazilian economy and its currency – the “Real”. When commodities, in general, peaked in 2011, so too did the Brazilian […]
“Retail Apocalypse” 2018: Nine West Plans Bankruptcy Filing
We’re three weeks into the year and the first of what are expected to be dozens of retail bankruptcies has arrived: Nine West. But it’s hardly the first piece of bad news for the embattled retail sector: Wal-Mart Stores (WMT) abruptly closed more than 60 of its popular “Sam’s Club” locations. Macy’s (M) has announced […]
December 2017 Sea Containers Counts Show 2017 Was A Good Year
The December month-over-month import and export container counts are marginally weaker than the previous month. But overall, 2017 container counts for imports are at record levels, whilst exports enjoyed the best year since 2014. Analyst Opinion of Container Movements Simply looking at this month versus last month – the growth rates were marginally weaker for […]
