Category Archive: Finance
Gold Stocks Portfolio Fuel
SPDR fund tonnage (GLD-NYSE) has recaptured the 800 ton mark, and rose to 814 yesterday. This is happening as a steady wave of institutional money managers embrace gold as an important portfolio component. It’s also occurring as Indian dealers begin buying for Diwali. The result of this overall ramp-up in demand is a beautiful surge higher […]
Bi-Weekly Economic Review – Tuesday, August 29
The economic reports released since the last update were slightly more upbeat than the previous period. The economic surprises have largely been on the positive side but there were some major disappointments as well. The economy has been doing this for several years now, one part of the economy waxing while another wanes and the […]
Indicators Suggest Some Caution Still Warranted
While our thoughts and prayers remain with the folks in Houston this morning, geopolitical tensions have returned to the center stage. With North Korea’s boy-leader firing a missile over Japan last night, the concern is that retaliatory measures could be taken and the situation could easily escalate. Where this goes is anybody’s guess, but as […]
US CB Consumer Confidence Beats With 122.9 – USD Ticks Up
American consumers are more confident. Will they go on a shopping spree? In any case, this is good news that sends the US dollar slightly higher. CB Consumer Confidence came out at 122.9 points, better than expected and higher than 120 points in July, according to the revision. Here is the reaction as seen on […]
When Will The Bull Market Come To An End?
We traders, investors, and analysts have all been astonished about how long this bull market has lasted – well over eight years and counting. This long run has been accompanied by endless predictions and discussions around “when will the bull market end?” As we know from experience, predictions are a low probability bet. The market […]
Low Volatility ETFs To Buy If North Korea Tensions Flare Up
North Korea tensions cooled off over the past few weeks but have resurfaced to unnerve investors once again. This is especially true given that the regime launched a missile that flew over Japan and landed in the Pacific Ocean in the morning. This has sparked warnings in the northern part of the country, urging people […]
Grow Generation Inks Strategic Partnership With Lumigrow
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. GrowGeneration Corp. (OTCQB:GRWG), one of the largest specialty retail hydroponic and organic gardening stores in the Country, announced today they have signed a strategic partnership with LumiGrow Inc., a smart horticultural lighting company. GrowGeneration, […]
Catalent, Inc. Shares Come To Life On Better Than Expected Earnings
Catalent, Inc. (CTLT), a global company that provides advanced delivery technologies and development solutions for drugs, biologics, and consumer health products yesterday reported their fiscal fourth quarter 2017 financial results. Catalent reported adjusted fourth quarter earnings of $0.65 per share which beat analyst expectations of $0.57 per share and revenues of $616.9 million which beat analyst expectations […]
Sensex Snaps 360 Points; Power Stocks Drag
Indian share markets finished in deep red today, breaking a four day positive streak. At the closing bell, the BSE Sensex closed lower by 363 points and the NSE Nifty finished lower by 117 points. The S&P BSE Mid Cap finished down by 0.9% while & S&P BSE Small Cap too finished lower by 1.1%. Asian stock markets finished mixed as of the most […]
USD/CAD Forecast – Tuesday, August 29
USDCAD extended its short term downtrend from 1.2778 to as low as 1.2444, facing the previous low support at 1.2413. A breakdown below this level could signal resumption of the downtrend from 1.3793 (May 5 high), then next target would be at 1.2300, followed by 1.2050. Near-term resistance is at the top trend line of the […]
