Category Archive: Finance
EU Politicians Breathe A Collective Sign Of Relief
And so the politicians in Europe and Brussels breathe an audible collective sigh of relief as their gold-plated pensions and executive perks look set to be safe for a little while longer, as the single currency lurches and stumbles its way through another potential crisis which now appears to have been diverted. Markets of course […]
Top 4 Trading Assets To Watch This Week – Monday, April 24
Traders are watching the French presidential elections with increased interest. There is growing concern that a shock result could send the Eurozone into a tailspin. The GBP/EUR pair is currently trending marginally higher; however, the French election has resulted in a dramatic weakening of the EUR/GBP in 2017. The EUR/USD pair has also appreciated somewhat, […]
The Passive Indexing Trap
I have been in the “money game” for a long time starting with a bank just prior to the crash of 1987. I make this point only to say that I have seen several full market cycles in my life, and my perspectives are based on experience rather than theory. In 1999, there was a media personality […]
Stock Trading Alert: New Rally Or More Medium-Term Fluctuations?
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index). Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year’s all-time high: Intraday outlook (next 24 hours): bearish Short-term outlook (next […]
Bull Pennant Breakout
Well, it’s 3 in the morning and I’m finally back in San Francisco. I am NOT looking forward to Monday. Very little sleep and a roaring market is not my cup of tea. In any case, although I’m the last guy who wants to mention this, we’ve got a bullish breakout on our hands. It’s […]
Euphoria Returns: European Stocks Soar, DAX Hits Record; S&P Futs Surge In “French Relief Rally”
Risk is definitely on this morning as European shares soar, led by French stocks and a new record high in Germany’s DAX, after a “French relief rally” in which the first round of the country’s presidential elections prompted investors to bet that establishment candidate Emmanuel Macron will win a runoff vote next month, and who […]
Dramatic Response To French Election
The results of the first round of the French election spurred a dramatic response in the capital markets. Our thesis that there is no populist-nationalist wave sweeping the world is supported by the previous results in Austria, the Netherlands, and now France. The AfD in Germany is wilting in the polls, and there too the center will hold. The populist-nationalist wave seems a […]
US Stocks Advanced Last Week — First Weekly Gain In April
The US equity market scored its first weekly advance this month, delivering the top performance in April’s third week among the major asset classes, based on a set of exchange-traded products. Vanguard Total Stock Market (VTI) increased 1.1% for the five trading days through Apr. 21, edging out the number-two performer: US real estate investment trusts via […]
EUR/USD To 1.09 While Stocks Surge 2% After French Elections
In France, Emmanuel Macron (independent) and Marine Le Pen (Far right) have come out as the two leading candidates of the first round of the presidential elections. The second round will take place on May 7th with Polls indicating that pro-Euro Macron will prevail. With the market now partially relieved that FREXIT will not happen […]
Stock Valuation: Qualcomm
The next stock valuation is about a stock I recently mentioned in my watch list. It will be about Qualcomm (QCOM) and I just want to give you more details why I am positive about buying some shares in the near future. Company Overview Qualcomm Incorporated is a semiconductor company that designs, and manufactures digital wireless […]
