Category Archive: Finance
Is The US Consumer In Big Trouble?
The American consumer is the engine of U.S. economic growth. Personal consumption expenditure makes up nearly 70 percent of gross domestic product (GDP). That’s up from around 60 percent in 1980. So it’s only fair to ask – how is the U.S. consumer doing? Let’s take a look at wages first. Wages rising… at a crawl […]
US Dollar Shows Bearish Breakout Below Price Patterns
EUR/USD 4 hour The EUR/USD broke above the resistance (dotted orange) of the triangle chart pattern, which could mark a continuation of the uptrend. A break above the previous top (dark red) could see price move towards the Fibonacci targets of wave 5 (blue) at 1.24 and 1.25. 1 hour The EUR/USD is challenging the […]
Does Bitcoin Use Too Much Electricity?
An optimist says the glass is half full. A pessimist says the glass if half empty. And a Vox writer says if you drink 60 glasses of that stuff in the next hour, it’ll kill you. A case in point is the recent Vox column by Umair Irfan, warning that the Bitcoin network has caused a […]
A Tale Of Two Funds
TrimTabs’ methodology is reborn. It’s never easy finding a reliable source of positive alpha. In a Darwinian sense, that’s as it should be. If we all snagged good numbers, who’d be left to pocket the bad ones? For a long time, a search for alpha among exchange-traded funds always returned the ticker symbol ‘TTFS.’ Originally […]
Oil Outlook Strong But Massive US Production To Keep A Lid On Prices
With WTI crude oil now trading above $60 a barrel, some are predicting we’ll hit as high as $80 in 2018. Financial Sense Newshour recently spoke with Robert Rapier at R-Squared Energy to discuss his outlook for oil this year, why he thinks the current rally will continue but have a hard time going much higher than […]
What If The Boom Doesn’t Boom?
As most people know, the Kansas City Fed has been holding its annual symposium in Jackson, WY, for a very long time. Supposedly a draw for Paul Volcker’s fly fishing hobby when he was Chairman, the conference came to include heavyweights on a regular basis. Most of them, especially those in the early years, however, […]
Stocks To Trade: QEP, VOYA, FLS
Wednesday’s stock picks: Long QEP Resources (QEP) Long Voya Financial (VOYA) Long Flowserve (FLS)
Dow Jones 30 And Nasdaq 100 Forecast – Wednesday, Jan. 24
Dow Jones 30 The Dow Jones 30 initially tried to rally during the trading session on Tuesday but found itself a bit overextended. This makes sense, we have gone straight up in the air over the last month, and therefore we need to see some type of pullback to offer value for traders. I think […]
Fixing The Euro
Written by Dirk Ehnts, Econoblog101 Having just taken a quick look at the CEPR publication “Reconciling risk sharing with market discipline: A constructive approach to euro area reform” (link), I am reminded that many economists still do not grasp the functioning of the fiscal and financial system. The paper is full of theoretical flaws and the policy […]
Indian Indices Trade Marginally Higher; IT Sector Up 2.6%
Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the IT sector and healthcare sector witnessing maximum buying interest. Telecom stocks are trading in the red. The BSE Sensex is trading up 31 points (up 0.1%) and the NSE Nifty is trading up 10 points (up 0.1%). The BSE Mid Cap index is trading down by 0.4%, […]
