Category Archive: Finance
September Retails Don’t Bode Well For Department Store Sales Trends
As we enter the 2nd week of earnings season having witnessed the 1st week of earnings season provide a relatively small boost to the major indices, I can’t help but to wonder what we will hear coming from the retail sector in the next couple of weeks. Retailers, by and large, won’t begin reporting their […]
Yellen Says Asset Prices Are ‘High’, Draghi Says ‘People’ Still Aware That Stocks Sometimes Fall
Let Mario Draghi just be “clear”: he is not convinced that you are convinced that asset prices only go up, ok? Responding to a question from CNBC at a press conference at the IMF Annual Meetings in Washington on Saturday, the ECB chief said something to that effect. Specifically, this is the quote: Let me […]
Why Asset Allocators Should Consider International Small-Cap
By The Royce Funds Portfolio Manager David Nadel describes why international small-cap is an asset class worth considering. Asset allocators should be looking at the international small-cap asset class as maybe a two to five percent permanent allocation within a total portfolio for essentially one reason. In a sound bite, superior risk adjusted returns with very low correlation. […]
GBP/USD Weekly Analysis – Sunday, October 15
GBP/USD failed in its attempt to break below the bullish trend line on the daily chart and rebounded from 1.3027, indicating that the pair remains in the uptrend from 1.1987. A further rise towards the bearish trend line on its weekly chart is possible next week, a breakout of this trend line could signal resumption of the […]
Forex Forecast: Pairs In Focus – Sunday, Oct. 15
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Litecoin Price On The Rise – Chart Setup Suggests More Upside Potential
The Litecoin price is acting strongly ahead of Bitcoin’s Segwit and Ethereum’s Byzantium. Earlier last week, Litecoin’s price touched 48 USD. Last week, it reached a high of 66.40 USD. A substantial rally but it could rise even more. Earlier this year, we published a Litecoin price forecast of 60 USD that was met in August 2017. We later on said that […]
GBP: Caution Called For As Event Risk Mounts
Fundamental Forecast for GBP: Neutral British Pound trading has been particularly erratic over the past week, with the trend broadly higher but Thursday in particular seeing a very sharp fall followed by an equally sharp rise. That pattern of extreme movements in both directions could well continue in the week to come as the twin themes of […]
The Markets And The Long Shadow Of Politics
Why should we think there is anything amiss by looking at the global capital markets? The S&P 500 and the German DAX are at record levels. The Japanese market is at 20-year highs. The MSCI Emerging Equity Index moved higher every month this year through August. It slipped a little more than 0.5% in September but […]
EUR/USD Closes Higher But With Caution Of Pullback
EUR/USD: With the pair taking back its previous week losses at the end of the week, more recovery could be seen. However, beware of correction pullback. Resistance comes in at the 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.19500 […]
Stocks Perched Near Record Highs: Week In Review – Sunday, Oct. 15
The market was relatively quiet last week as earnings season officially began. The major indices remain perched below record highs as the bulls continue to dominate the landscape. The fact that there remains virtually no selling is a net positive for the bulls. In the short-term, the market is extended to the upside and […]
