Category Archive: Finance
AUD/USD Forecast July 17-21
AUD/USD reversed directions last week and jumped over 200 points. The pair closed at 0.7817, its highest weekly close since April 2016. The major event this week is Employment Change. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In Australia, NAB Business Confidence improved to 9 points in June. In the US, […]
Gold And Silver Speculators In Full Retreat
A year ago, speculators accumulated net long contracts on gold that exceeded anything seen since at least 2008. Starting in late 2015, silver speculators set several such records with the latest set just three months ago. Now, speculators in gold and silver are in full retreat. Net longs seem headed for zero for both precious […]
Consumer Prices Disappoint For 4th Month In A Row – Weakest Since Jan 2015
For the 4th month in a row, CPI missed expectations (unchanged MoM vs expectations of a modest 0.1% rise). Across the board consumer price rises disappointed economists’ guesses with Core CPI tumbling to just 1.7% YoY – the lowest since Jan 2015… Energy prices fell 1.6% MoM and were the biggest drag on CPI; Apparel and Transportation […]
Weekly Economic & Political Timeline – Sunday, July 16
There are some important high-impact news items scheduled this week, primarily affecting the Euro, Japanese Yen, and Australian Dollar, as well as the Chinese Yuan. Therefore, volatility this week should be approximately the same as it was last week. The market will probably be most active on Thursday. Monday is a public holiday in Japan. […]
Self-Driving Cars And Beyond: Autotech Ventures Gambles On Ground Transportation
Article by Dana Olsen, PitchBook It’s not exactly a secret that VC investment in the transportation industry is on the rise. Ride hailing companies and self-driving technology are among the hottest topics in the business world, and as the way people transport themselves and their things continues to evolve, the sector is likely to receive even […]
Deutsche Bank: ‘The Limit Is Near’
On Thursday, in “The Hurdle Is Lower And The Risk Of A Central Bank F***kup Is Higher – Sound Good?,” we said the following about the rapid rise in DM yields we’ve seen since Mario Draghi tipped the first domino in Sintra late last month: To be sure, there’s something comical about the juxtaposition between […]
Weighing The Week Ahead: Have You “Missed” The Rally?
There was something of a change in tone last week. There is more recognition of improving conditions. With a tailwind from improving earnings, more will be wondering: What if you have missed the rally? Last Week Recap Last week began with stories about revised targets for the market and ended with Fed speculation. The market […]
Upcoming Earnings Reports To Watch: NFLX, GS, QCOM, MSFT
Q2 earnings season is finally here, and the next few weeks promise to be extremely busy throughout the global markets. As always, these earnings reports will give us a better picture of the latest consumer trends and the overall state of the economy, which means it’s incredibly important for investors to stay tuned in right […]
Emerging Markets & Basic Materials Breaking Out Together
While most members are focused on the precious metals, I’ve been waiting patiently for two other sectors to setup a long term buy signal which I believe happened last week. I know you are well aware of my mantra that big consolidation patterns lead to big impulse moves. What’s pretty amazing is these two sectors have […]
Real Estate And Housing News – Saturday, July 15
We discuss the poor performance of Mortgage Applications (Bad Yearly Comps – remember where the 30-Year Bond was after the Brexit Vote) some good and bad news for Houston Real Estate, and the return of the securitization market for subprime residential mortgages in this market video. There is too much capital sloshing around the […]
