Category Archive: Finance
GBP/USD Will Soon Start An Impulsive Wave C Pattern
GBP/USD 4 hour The GBP/USD is building a corrective bullish channel (red/blue lines). The bullish price action is probably part of a wave 2 pattern (red). A break above the resistance (orange) could see price start an impulsive wave C (purple), which challenges the top of the channel as it expands the ABC correction (purple). […]
Is Wal-Mart Predicting The End Of The US Middle-Class?
Recently, Walmart has been delving into the world of aspirational retail, having had discussions with the cosmetics subscription, Birchbox, about a potential buyout. Whether they knew it or now, it says a lot about the American economy, according to a recent piece by Business Insider. Over the past few months, Walmart has made investments in several […]
The Aftermath Of Hurricane Harvey And The S&P 500 In Week 5 Of August 2017
The biggest news story in Week 5 of August 2017 was the ongoing aftermath of Hurricane Harvey in Houston, Texas, which in addition to being almost at the center of damage produced by the natural disaster, is the fourth largest city in the United States and also the defacto capital of the nation’s energy industry. […]
The Implications Of Low Implied Correlations
In this article, we take another look at a somewhat obscure indicator “implied correlations”. The Implied Correlation Index comes from the CBOE and is a sister index to the much more popular VIX or implied volatility index (with cousins, VVIX – implied volatility of the VIX, and SKEW – tail risk indicator). Each of these […]
This Silent Public-Health Crisis Costs The US $150 Billion A Year
The opioid epidemic isn’t the only public-health crisis costing the economy hundreds of billions of dollars. According to the Trust for America’s Health’s annual “State of Obesity” report, nearly 40% of American adults are obese or overweight. And collectively, they will add some $150 billion to the cost of health care, and billions more in lost […]
Indian Indices Trade Marginally Higher: Realty Stocks Witness Buying
Stock markets in India are presently trading near the dotted line with positive bias. Sectoral indices are trading on a mixed note with stocks in the consumer durables sector and realty sector witnessing maximum buying interest. Telecom stocks are trading in the red. The BSE Sensex is trading up 59 points (up 0.2%) and the NSE Nifty is trading up 21 points (up 0.2%). The BSE Mid […]
August 2017 NFP: US Hiring Slows In August As Unemployment Ticks Higher
The US Bureau of Labor Statistics released the monthly payrolls report for August. Coming off the recent private sector hiring published by the ADP, the markets were slightly disappointing. According to official data, nonfarm payrolls rose 156,000 on a seasonally adjusted basis. This was below consensus estimates of 180,000. Past revisions for June and July […]
5 Top Stocks With Marvellous Net Profit Margin
Investors flock to a business that reports profits on a regular basis. And to gauge the extent of profit there is no better metric than the net profit margin. A proper analysis of the same reveals how efficiently a company is run. A higher net margin reflects the company’s efficiency at converting sales into actual […]
Wyoming’s Money Grab Against VW Dismissed
A Federal Judge Breyer ruled against Wyoming and in favor of Volkswagen (VW)(VLKAY) dismissing the claim that because of VW’s manipulation of diesel emissions, they caused environmental damage and should pay damages to the State in addition to individual car owners. Judge Breyer stated that despite the fact that VW was indeed responsible for manipulation. However, since […]
Offshore Yuan Falls After Weaker-Than-Expected Fix, Snaps Back
Ok, so as tipped earlier in the live feed… … the PBoC set the yuan fix weaker-than-expected after the offshore yuan extended its record winning streak to 14 days on Monday. You’ll want to watch and see how this develops as the session progresses, but the thing about these fixes is that you need to understand […]
