Category Archive: Finance
Indian EdTech Startup BYJU’S Turns Profitable
According to a study by Global Industry Analysts, the global private tutoring market is projected to surpass $102.8 billion by 2018. The Indian private coaching industry was estimated to be worth $45 billion in 2015 and expected to reach $70 billion by 2017. The BYJU’s learning app from Think and Learn Pvt Ltd is one […]
A Decade Of G7 Central Bank Collusion – And Counting…
Since late 2007, the Federal Reserve has embarked on grand-scale collusion with other G-7 central banks to manufacture a massive amount of money. The scope and degree of this collusion are historically unprecedented and by admission of the perpetrators, unconventional in approach, and – depending on the speech – ineffective. Central bank efforts to provide […]
Bitcoin Hits New Record High, Ethereum Jumps On Korean Interest
Bitcoin (BTC) Makes Yet Another Record High Print Another day, another record high as BTC trades in excess of $4600 on renewed buying interest. The token’s capitalization also rose to just under $76 billion, helping push the total crypto-currency market capitalization to just over $164 billion. With political tensions continuing to ramp up, after North […]
Consumer Confidence Improved Again In August
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through August 16. The headline number of 122.9 was an increase from the final reading of 120.0 for July, a downward revision from 121.1. Today’s number was above the Investing.com consensus of 120.3. Here is an excerpt from the Conference Board press release. […]
USD/JPY: A Breakdown Below Weekly Ichimoku Cloud Key; Levels & Targets
USD/JPY is edging lower, dancing above the 108.10 level after North Korea fired a missile over Japan. The team at Bank of America Merrill Lynch examines the weekly Ichimoku cloud and lists the next levels to watch out for. Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch FX Strategy Research notes […]
Technically Speaking: Quick Update (The Flood Edition)
I don’t often make political commentary in my missives unless it specifically relates to the financial markets. However, today I want to make an exception and tell you what I’ve witnessed. As you are probably aware, I live in Houston where we are currently being hit by the worst hurricane/storm since 1986. Currently, I am one […]
Moving Averages On The Downturn
A key trait of the S&P 500’s strong performance this year has been that the major moving averages of the index and its industry groups have all been trending higher all year. In fact, there hasn’t been a single day all year where the S&P 500’s 50 or 200-day moving average (DMA) was lower than […]
E Talking With NuLife’s CEO About Transplants And Technology
Introduction From the company website: NuLife Sciences (NULF) is a biomedical company focused on medical research and technology that has the potential to address significant unmet medical needs in applications including transplantation/regenerative medicine/cell therapy/organ and tissue transplants. Through its wholly-owned subsidiary NuLife BioMed, it is currently working on advancing human organ transplant technology based upon […]
Case-Shiller 20 City Home Price Index June 2017 Unchanged At 5.7 % Year-Over-Year Growth
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth was unchanged at 5.7 %. The index authors stated, “Given current economic conditions and the tight housing market, an immediate reversal in home price trends appears unlikely.” Analyst Opinion of Case-Shiller HPI Many pundits believe home prices are back in […]
Bitcoin Soars To Record High $4,600
The prices of Bitcoin has exploded overnight, surging over 6% to a new record high above $4600 as demand from South Korea and Japan spurred more safe haven buying as gold and Treasury bond prices rose following North Korea’s most provocative missile launch yet. Heavy volume taking Bitcoin higher… We note that the big volume spike […]
