Category Archive: Finance
Peso Surges After NAFTA Ministers Announce Extension Of Talks Beyond Year-End Deadline
Following earlier reports that Canada and Mexico would push back on and “firmly reject” Trump’s Nafta demands, moments ago the Mexican Peso surged by 1.5%, the most in 4 months, after Nafta negotiators announced they had successfully completed the 4th round of talks and agreed to extend negotiations past the year-end deadline.The optimism came despite US trade rep […]
Introduction To Silver Viper Minerals – Exploration Focused In Mexico
TM Editors’ Note: This discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. (Audio length 00:08:00) Silver Viper Minerals (TSX.V: VIPR) is a newly listed exploration company focused on the Clemente Project in Sonora State, Mexico. Steve Cope, CEO of Silver Viper joins me to provide […]
Ichor – Chart Of The Day
Ichor Holdings, Ltd. (ICHR) is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. Ichor Holdings, Ltd. is based in Fremont, United States. The status of Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 […]
The Big Four Economic Indicators: Industrial Production Up 0.3% In September
Note: This commentary has been updated to incorporate the September data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, […]
Good Job, Fed! Monetary Stimulus And The 0.0001%
In April 2007 the approximate size of the Fed’s balance sheet was $800 billion, meaning that over the last decade it ballooned by 5X to $4.4 trillion. This was supposed to “stimulate” the main street economy, but once again today we got some “in-coming data” that said essentially nuts to that. We are referring to the monthly industrial production index […]
Broader Slowing In IP
Industrial Production rose 1.6% year-over-year in September 2017. That’s up from 1.2% growth in August, both months perhaps affected to some degree by hurricanes. The lack of growth and momentum, however, clearly predated the storms. The seasonally-adjusted index for IP peaked in April 2017, and has been lower ever since. This pattern, the disappointment this […]
Weather Fakes Out Natural Gas Traders
Natural gas prices continue to be predominantly driven by weather, which we saw again today as afternoon weather model guidance heavily reversed prices. We have seen weather models seem to drive price action within a broad range the last two days as prices have attempted (and failed) to break out both upwards and downwards. This […]
Peso, Loonie Spike After NAFTA Discussions End With “Success”… Delay Until 2018
NAFTA negotiators said they “successfully completed” Round 4 of their discussions… adding that talks will be extended past the end-2107 deadline (odd definition of success?). Nevertheless, this seems to have appeased the FX markets as both the peso and loonie are spiking… *NAFTA NEGOTIATORS SAY THEY SUCCESSFULLY COMPLETED ROUND 4 *NAFTA MINISTERS SAY MEXICO TO HOST ROUND […]
5 Top-Ranked Profitable Stocks To Boost Your Portfolio
Profitability analysis is used to measure the company’s ability to manage its revenues effectively and provide stunning returns to its investors. This analysis helps to detect a profitable company over a loss-making one. The most successful way to identify a company’s profitability is by using ratio analysis. There are four important profitability ratios, namely gross […]
E Residential Construction Will Boost The Canadian Economy In The Third Quarter
“Canadian homebuilding activity remains robust, with the best population growth in 25 years proving fundamental support. And, after declining modestly in Q2, residential investment looks to have added to growth again in Q3.” (BMO EconoFacts, October 10, 2017) Canadian housing starts fell in September after eight straight monthly gains. Nonetheless, the housing construction sector remains […]
