Category Archive: Finance, No picture
Biotech ETFs In Focus On String Of Q2 Earnings Beats
The biotech sector has been performing remarkably well driven by a wave of mergers and acquisitions, new tax legislation, and a positive regulatory backdrop. Strong Q2 earnings results have also added to the strength as most of the biotech giants such as Amgen Inc (AMGN), Gilead Sciences (GILD), Biogen Inc (BIIB) and Alexion Pharmaceuticals (ALXN) […]
Weekly Forex Forecast – Sunday, August 12
EUR/USD The Euro collapsed on Friday, as fears of contagion coming out of Turkey have taken a hold of the markets. The pair breaking below 1.15 is a significant turn of events, and I think it could send this market much lower, perhaps down to the 1.13 level in the short-term. I think that selling […]
Emerging Markets: Preview Of The Week Of August 13
EM FX came under greater pressure last week as the situation in Turkey deteriorated. With no weekend developments as of this writing, we expect Turkish assets to remain under pressure this week. The five worst EM currencies YTD are TRY (-41%), ARS (-36%), RUB (-15%), BRL (-14.5%), and ZAR (-12%). All five have serious baggage […]
Gold Chartbook – Golden Moments
Gold monthly chart, August 12th 2018. In a sideways range at support. Gold weekly chart, August 12th 2018. Engagement with proper risk/reward-ratio. Gold daily chart, August 12th 2018. Entry with tight stop. Gold hourly chart, August 12th 2018. A move seems imminent. Gold CoT-Data, commercial short position at lows last seen around the lows at […]
E Market Briefing For Monday, Aug. 13
Varying dynamics inhibited the market’s ability to challenge highs over the week just past; especially for the Dow Industrials, which never moved as firmly as the S&P; which of course is ‘capitalization rather than price’, in terms of how it’s weighed. Channeling the various arguments, I tended to be skeptical of conventional linear technical views […]
List Of Power Production Stocks
Alternative energy power production stocks are companies whose main business is the production and sale of electricity from alternative energy installations, such as solar farms, wind farms, hydroelectric generators, geothermal plants, cogeneration facilities, and nuclear plants. The wind energy park “Schneebergerhof” in Germany (Rhineland-Palatinate). In the foreground thin film solar cells. In the center a wind turbine Enercon E-66 (1.5 […]
Bulls & Bears: Never Let These Sleeping Dogs Lie
While the common expression involves dogs, the analogy holds true for the market’s bulls and bears. As you’ll soon learn, a simple ringing of a bell will send these two dogs in the caption into savage frenzy. It was easy to anticipate that when the markets broke their compressed multi-day range that the reaction would […]
Trader Warns: Turkey’s Meltdown Should Be “Valuable Lesson To Risk-Ignorant Investors” Worldwide
Given the goldfish-like memories of financial market participants – and the outlier-stripping nature of the algos that really trade – today’s abrupt collapse will likely be a small slap in the back of the head for many traders, but as former fund manager and FX trader Richard Breslow notes, “today’s Turkey meltdown holds lessons to be forgotten.” If […]
Gold- The Immoveable Object
Summer’s doldrums, August’s dog days, call them what you want: the world’s gone nuts and Gold’s gone to sleep for the one billionth time instead of responding to any one thing in any one direction. Price settled Friday at 1219; the prior Friday’s settle was 1222; the Friday before that also was a […]
E Weekend Newsletter August 12, 2018
Gold consolidated in a tight range between $1213 and $1226 all week. Prices resisted the strong Dollar as it surged Thursday and Friday. Metals and Miners remain vulnerable going into next week. Silver looks like it may break lower from a small triangle pattern. Junior miners (GDXJ) will likely test its lower boundary. Gold and […]
