Category Archive: Finance
Markets Resilient Despite Hefty FII Selling, Takeaways From Merger Of IndusInd Bank With Bharat Financial Inclusion Ltd
Markets Resilient Despite Hefty FII Selling S&P BSE Sensex have run up by a good 16% since last Diwali. Now, this massive run up has been despite the hefty selling by Foreign Institutional Investors (FII) in the recent months. FIIs have withdrawn money to the tune of Rs 464 billion during the period beginning from August-17 […]
KB Home Builds A Rapid Repricing On Californian Foundations
I last wrote about earnings from KB Home (KBH) well over a year ago. While I kept tabs on the stock through my Housing Market Reviews, I never set up specific decision points for getting back into the stock. I finally created a decision point on October 12th when I made a hedged play of call and […]
A Weekly Technical Perspective On EUR, GBP & CAD
In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. We looked at a few of these charts in today’s Weekly Strategy Webinar and heading into the start of the week, here are the key levels to consider. EUR/USD Weekly Notes: Euro turned […]
Netflix Hits New Record High After Smashing Subscriber Expectations, Unveils $17 Billion In Content Commitments
After some initial confusion, Netflix stock surged after hours, a repeat of what it did last quarter, soaring above its all time high price, up over 2% after reporting Q3 numbers which while beating slightly on revenues ($2.99Bn, Exp. $2.97Bn), and beating modestly on non-GAAP EPS (GAAP EPS$0.29, non-GAAP EPS $0.37, exp. $0.32), were far […]
Three Casino Stocks To Buy Now
Perhaps it’s because trading stocks can often mirror the thrill of winning big at the blackjack tables, or maybe it’s because Las Vegas conjures images of the world’s most flashy brands and businessmen. Regardless of the reason, it’s clear that gambling stocks are always among the most popular on Wall Street. Luckily for investors, now […]
E Canadian Full-Time Jobs Rebounded In September
The Canadian job market has recovered strongly over the past year. In September 112,000 new, full-time jobs were created, even though part-time employment shrunk by an almost equal number. “On a regional basis, September job creation was driven by gains in Ontario (+35K) which more than offset declines in Quebec (-8K), Alberta (-8K) and British […]
World Markets Update – Monday, October 16
All eight indexes on our world watch list have posted gains for 2017 through October 16. The top performer thus far is Hong Kong’s Hang Seng with a gain of 30.42%, followed by India’s BSE SENSEX at 22.56%. In third is our own S&P 500 with 14.24%. The Last Four Weeks The tables below provide […]
China’s Foreign Reserves Are Declining. Why, And What Effects Could This Have?
from the St Louis Fed — this post authored by Ana Maria Santacreu and Heting Zhu China has been a net lender to the rest of the world since 1994. However, its current account surplus started to decline 10 years ago. Why is this occurring, and what effects might it have on U.S. assets? A current account […]
Morgan Stanley Sees “Greater Risk For A Correction Than We’ve Seen In A While”… But There’s A Catch
As U.S. equity markets casually melt up to all new highs with each passing day, Morgan Stanley Equity Strategist Michael Wilson, whose 2,550 year-end price target from back in August was just breached in a matter of months, says he’s getting somewhat concerned given Fed tightening, tax cut legislation that looks increasingly unlikely to pass, […]
Tim Jackson: The High Price Of Growth
A finite planet cannot sustain infinite economic growth. Modern society is addicted to and engineered for perpetual economic growth. Now, a fourth-grader can tell you that nothing can grow forever, especially if you have finite resources. But that simple realization is eluding today’s central planners, despite multiplying evidence that growth is becoming harder and harder […]
