Category Archive: Finance
IBM Inc. Shares Soar On Yesterday’s Earnings Beat
Tuesday, October 17th saw some interesting developments in the stock market. First, the Dow crossed 23,000 for the first time ever. However, the widely followed index closed below that level when the market closed at 4 p.m. Another thing that happened of interest was that IBM (IBM) reported their third-quarter earnings and they beat on both the top and […]
ETFs: Saviors In Crises, Treated Like Pariahs
This is the final post in a four-part blog series addressing the attacks on smart beta and exchange-traded funds (ETFs). Today we touch on the argument that asset classes such as emerging markets, which typically have a liquidity fear hanging over them in crises, will see exacerbated downside in the next crisis because of the presence of ETFs in the system. […]
Housing Markets: A European Perspective
Americans are all-too-familiar with issues in the US housing market: fluctuations in housing prices, along with problems of affordability and even homelessness. I’m not sure whether it is consoling or confounding to observe that similar problems exist across the European Union, but The State of Housing in the EU 2017, just published by Housing Europe, which […]
Why The Downside Risks Of Brexit Are Mounting
While the UK economy did better than predicted in 2016 in the immediate aftermath of the referendum vote on leaving the European Union, growth has since stalled and inflation has risen. Beginning in January, I have been saying that risks from Brexit are rising. Let me reiterate that case below. Now, because this is such […]
USD/JPY Remains On The Offensive, Strengthens
USD/JPY: The pair looks to correct further higher as it followed through higher on the back of its Tuesday gains again today, Wednesday. On the downside, support comes in at the 112.50 level where a break if seen will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level […]
Netflix Focusing On Original Content For Kids
According to a MarketandMarkets report, the global video streaming market is expected to grow from $30.29 billion in 2016 to $70.05 billion by 2021, at a CAGR of 18.3% during the forecast period. The pioneer in video streaming Netflix (Nasdaq: NFLX) is reaping the benefits of this trend with its original content strategy. Netflix’s Financials Netflix’s third quarter […]
US-German Bond Spread Surges To Highest Since 1999
The spread between German and US sovereign bond yields is the widest since the start of the EU in 1999… But EUR/USD appears to have decoupled (just as it did in 2009 and 2013)… So which market is ‘wrong’ – Bonds signaling EUR/USD below par… or FX markets signaling a Bund crash is imminent?
GBP/JPY Low Volatility Zone Breakout Spikes The Price
The GBP/JPY formed the LVZ pattern – Low Volatility Zone exactly at the POC 147.85-148.05 and it is proceeding higher towards D H4 148.75. Strong h1 candle or 4h candle close above 148.75 suggest further bullish pressure towards 149.20-30. Looking at a daily chart in the chart we can see a possibility of further strength towards 149.85 as the […]
USD Stretches Towards Resistance: Yen, Aussie To Offer Opportunity
One of the strongest trends across FX markets this year is in question as the U.S. Dollar continues to trade higher. In the first three quarters of 2017, the Dollar faced a drawdown that saw as much as -12.33% of its value erased. After setting a fresh low in early-September, the Greenback began to move-higher […]
Amgen May Pull Back Before The Next Surge
Will Amgen provide another ideal entry point? The chart says yes. Based on current activity, it looks like the stock will pull back to the (reliable) 50 ma (arrow). Note how the stock reacted the last time it flirted with this moving average. Amgen surged 20% in three weeks! The indicators were overheated with that […]
