Category Archive: Finance
As Farmers Go Broke, John Deere Ramps Up It’s Captive Financing Operation To Keep The Ag Party Going
So what do you do when your John Deere and your entire business revolves around selling really expensive equipment to farmers who have been absolutely decimated financially by low crop prices and can no longer convince commercial banks that they’re worthy of additional debt needed to buy fancy new tractors?Well, you take some plays from […]
Sensex Continues Uptrend; Telecom Sector Up 2.4%
After opening the day marginally higher, stock markets in India have continued their momentum. Sectoral indices are trading on a positive note with stocks in the telecom sector and realty sector witnessing maximum buying interest. The BSE Sensex is trading up 166 points (up 0.5%) and the NSE Nifty is trading up 51 points (up 0.5%). The BSE Mid Cap index is trading up by 0.8%, while […]
Australian, New Zealand Dollars May Extend Gains In Risk-On Trade
The Euro corrected lower in Asian trade. The move played out inversely of a rebound in front-end US Treasury bond yields, suggesting weakness reflected a correction in anti-USD flows triggered as the unwinding of the so-called “Trump trade” dealt another blow to Fed interest rate hike prospects. The Australian Dollar continued to push higher however, with prices seemingly still reveling […]
How Steel Became US Security Concern – And Global Trade War Threat
As the White House seeks to turn steel overcapacity into a national security matter, the issue is alienating not only China but America’s NATO allies. ‘They’re dumping steel and destroying our steel industry, they’ve been doing it for decades, and I’m stopping it. It’ll stop,’ US President Donald Trump declared during a recent flight from […]
Gold Extends Gains As Dollar Slumps
Gold prices rose for a third consecutive session on Tuesday, hitting the highest level since July 3, as the dollar came under fresh pressure after Republican lawmakers abandoned their effort to replace Obama’s Affordable Care Act. XAU/USD traded as high as $1244.50 an ounce after breaching the resistance at $1239 provided extra momentum as expected. […]
Amazon & Whole Foods: Details Behind The Deal
This week we go over the valuation of the Whole Foods & Amazon deal to see if it was a smart, Rule #1 purchase. We will define basic investing terms and cover some hard to understand topics like earnings versus free cash flow. In Episode 119 You’ll Learn: Charlie Munger’s 4 Steps to Choosing a […]
5 Of The Best Earnings Charts This Week
(Video length 00:03:30) Earnings season has started off with a bang this quarter. This week is key because there will be a big cross section of names reporting earnings from many different sectors including the railroads, big industrials, technology, and regional banks. We should get a good look at the US and global economy through […]
Will Draghi Drag The Euro Back Down? Preview
The European Central Bank convenes to make its mid-summer decision and they probably planned not to rock the boat too much. However, given the recent rise in the euro and also in bond yields, they might want to cool tapering expectations back down. In the past, Draghi managed to drag the euro down. Will he […]
Market Forecast: OPEX Week July 2017
I have SPX falling to 2444/45 Wednesday and GDX down to near 21.90/.93. By Friday SPX should be tagging 2479 +/- and GDX to near 22.99/23.00. Past cycles and VOL cycle suggest an up open tomorrow that will be sold. By 11:00 EDT we should see a sell-off to 2444/45 SPX. Wisdom dictates late day […]
Indian Indices Continue Momentum; Telecom Sector Gains
After opening the day on a positive note, stock markets in India have continued their momentum. Sectoral indices are trading on a positive note with stocks in the telecom sector and realty sector witnessing maximum buying interest. The BSE Sensex is trading up 162 points (up 0.5%) and the NSE Nifty is trading up 48 points (up 0.5%). The BSE Mid Cap index is trading up by […]
