Category Archive: Finance
Week In Review: How Trump’s Policies Moved Stocks – Sunday, Oct. 15
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. TAX REFORM: Tax reform will drive growth that benefits everyone, and companies and Congress need to “set […]
Can The Market’s Goose Keep Laying Golden Eggs?
Cupid looks as though he’s squeezing the Golden Goose to see how many more eggs she has left to hatch. Cupid loves him some eggs. He especially loves the golden ones or the encouraging economic stats that keep feeding market lovers in love. In Aesop’s Fable, the goose lays a golden egg a day, which makes a […]
Weekly Trading Forecast: Central Banks Back In The Spotlight
Central banks will command financial markets’ attention in the week ahead, with speeches from top officials including Fed Chair Yellen and a wealth of policy-defining data due. US Dollar Forecast: US Dollar Aims to Extend Advance But Politics Threaten Progress The US Dollar may return to the offensive as a marquee speech from Fed Chair Janet Yellen […]
How Will The ECB’s QE Tapering Impact The Market? Here Are The Possible Scenarios
It was supposed to come with a “bang.” Instead, the double trial balloon launched by the ECB on Thursday night, delivered at the same time by both Reuters and Bloomberg to make sure that everyone got it and according to which the ECB was considering slashing its QE in half from €60 billion to €30 billion […]
Technical Market Report For October 14, 2017
The good news is: The Nasdaq composite (OTC) closed at an all time high Friday and the blue chip indices closed at all time highs earlier in the week. The Negatives The market is overbought and the secondaries represented by the Russell 2000 (R2K) declined a little last week. New lows picked up a little, […]
Weekly Wrap: October Singing To The Same Tune
This week we learned that Mother Nature isn’t quite yet done with slapping the U.S. around. As California suffers through the most deadly wildfires in history, our hearts go out to all those affected. This has been a year to try the internal strength of many, but over on Wall Street, life is more like […]
World’s Largest Oil Companies: Deep Trouble As Profits Vaporize While Debts Skyrocket
The world’s largest oil companies are in serious trouble as their balance sheets deteriorate from higher costs, falling profits and skyrocketing debt. The glory days of the highly profitable global oil companies have come to an end. All that remains now is a mere shadow of the once mighty oil industry that will be forced […]
Career Risk Driving The Bull Market?
October is the month that professionals starting thinking about risk– not necessarily portfolio risk, per say, but rather career risk. In investing, the professional game is not so much risking client assets to deliver performance above the crowd. The reality, GMO portfolio manager Jeremy Grantham notes, is that “the ultimate job description becomes ‘keep your job.’” To Raymond […]
EC Regional Banks May Do Better Than The Big Banks
Results from the big banks largely came in line with expectations, though Bank of America (BAC – Free Report) did a little better and Wells Fargo (WFC – Free Report) was a tad below expectations. We knew that improved net interest margins will help the profitability of the core lending business even though growth in loan portfolios was expected to decelerate further. Management […]
WTI Crude Pushes Higher On OPEC Confidence, Deflating Dollar
Fundamental Forecast for USOIL: Bullish Talking Points: Weekly close above $51.61 would be highest weekly close in WTI since May US crude stocks fell more than expected at 2.75m barrels per EIA IEA monthly report expects steady prices in 2018 due to non-OPEC supply pressures Per BHI, US Oil Rigs falls by 5. Rig count drops to […]
