Category Archive: Finance
Market’s Rock Goddesses And Mere Mortals
A list called “The Top Tens” voted for the “Best Female Rock Singers of All Time.” In no way meant as a personal endorsement, their number one pick is Amy Lee of Evanescence. I chose her to headline today’s Daily. Why? If we consider her a rock goddess, then her song, My Immortal speaks to her sadness […]
EUR/USD: Overbought After 1.15 Break; What’s The Trade? – Danske
EUR/USD made a big break and is already eyeing 1.16. Has it gone too far? Here is the view from Danske: Here is their view, courtesy of eFXnews: Danske Bank FX Strategy Research notes that EUR/USD has entered into an overbought territory after breaking above 1.15 overnight, driven by general USD weakness after Republican Senate majority leader […]
Death By A Thousand Cuts
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 54 = 21,574 SPX + 1 = 2460 (record) NAS + 29 = 6344 (record) RUT – 3 = 1427 10 Y – .05 = 2.26% OIL + .30 = 46.32 GOLD + 8.30 = 1243.00 BITCOIN + 0.45% = 2338.41 USD ETHEREUM […]
The ‘Mystery’ Of The Missing Inflation Solved In 1 Chart
DM central bankers are looking for inflation. But no matter how hard they try, they can’t find any. And that right there is throwing a monkey wrench in the whole “it’s time to roll back crisis-era policies” narrative. Of course we all know that’s absurd. There’s plenty of inflation and indeed it’s showing up in […]
Share Markets In India Open In Green; Aurobindo Pharma Soars 5.7% On USFDA Approval
Asian equity markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.83% while the Hang Seng is up 0.29%. The Nikkei 225 is trading up by 0.11%. The US markets ended on a high note with the Nasdaq Composite hitting a record high on Tuesday while Goldman Sachs Group dragged the Dow lower on lower earnings. […]
UBS Explains Who’s Most At Risk In The Next Consumer Deleveraging Cycle
In their 2Q 2017 survey, UBS found that, for the first time since at least 2014, the trajectory of financial health of low-income households has started to diverge from that of more affluent households. Per the graph below from UBS’ credit strategy team led by Matthew Mish, while a firming job market has helped households making over […]
Professional Traders Position Management In Forex Trading – Hedging, Portfolio And Money Management
Video Length – 00:06:27
Chipotle Tanks On New Food Contamination Scare
Shares of Chipotle (CMG – Free Report) plummeted 6.82% through early afternoon trading on Tuesday amid news that a Washington, D.C. area location closed this morning after some customers reported norovirus-like symptoms. Business Insider first reported that the fast-casual Mexican grill closed a Sterling, Virginia location after customers reported symptoms such as vomiting, diarrhea, dehydration, and nausea. The […]
Hot Options Report: End Of Day – Tuesday, July 18
Most Active Equity Options And Strikes For The End Of Day, July 18, 2017
Medtronic: A Dividend Aristocrat With Double-Digit Payout Growth Potential
Medtronic (MDT) is one of the largest medical device makers in the world and, with 39 consecutive years of dividend growth, one of the venerable dividend aristocrats here. Even more impressive? Over the last 39 years, Medtronic has rewarded income investors with 18% annual dividend growth, making it not only highly reliable, but also one of the […]
