Category Archive: Finance
Trading Support And Resistance – Sunday, October 22
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: · Trading the two currencies that are trending the most strongly […]
Global Currency Hedged ETFs/ETPs Hit Record $134B At The End Of September
ETFGI reports assets invested in Currency Hedged ETFs/ETPs listed globally have increased 33.5% in 2017 to reach a new record of US$134billion at the end of September LONDON — October 20, 2017 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported that assets invested in currency hedged […]
“Shocking” Earnings Miss By GE, Say Top Analysts
“The results I’m about to share with you are completely unacceptable,” General Electric’s (NYSE:GE) CEO John Flannery told investors on Friday, before revealing that Q3 earnings came in 20c below the 49c forecast . “Horrible” cash flow of $4.1 billion was down 78% year-on-year while 2017 cash flow guidance was cut almost in half. “We […]
EUR/USD Eyes Neckline Of Developing Head & Shoulders Pattern
US Treasuries sold-off last week, helping drag the trade-weighted Japanese yen down and US dollar up. The latest Commitment of Traders (COT) report highlighted a pause in the yen carry trade re-build and a substantial draw-down in positioning of the British pound. Meanwhile, the head & shoulders pattern in the EUR/USD continues to develop, but […]
Japan’s Abe Wins ‘Bigly’, Consolidates Power In Election Victory
Ok, so Shinzo Abe looks like he’s set to consolidate power in Japan. Sunday’s election wasn’t expected to produce a surprise result and indeed, there’s an argument to be made that no real surprises are even possible anymore in Japan. So there wasn’t really much in the way of risk for markets and certainly not for Kuroda […]
AUD/USD Weekly Analysis – Sunday, October 22
AUD/USD remains in a downtrend from 0.8124. The bounce from 0.7732 is likely a correction of the downtrend. A further rally is likely be seen in the coming days with a target of 0.7986. However, the downtrend could be expected to resume after the correction. Another fall to test the support of the resistance-turned-support trend line on […]
S&P 500 Is Up Some 15% In 2017, But Most Investors Have Lagged That Performance
Don’t look now, but last week the major indices hit repetitive all-time highs; yes again i.e. repetitive. “Oh it’s going to be one of those types of articles is it Seth”? No! In this article I’m going to do a little bit of recapping the week that was, projecting for the week at hand and […]
Blackstone Shines Again In 3Q
By Kevin Dowd, PitchBook Blackstone has recorded substantial YoY growth for the third quarter running, logging attributable net income of $384.6 million (a 19% improvement compared to 3Q 2016) and economic net income of $834 million (up 21% YoY). That ENI equates to about 69 cents per share, easily exceeding the reported 54-cent estimate of industry […]
RBC Capital: 5 Tech Giants To Buy/Sell Ahead Of Earnings
As we approach earnings season for some of the big tech giants, we take a look at RBC’s cheat sheet to gain a better understanding of how these stocks are set to perform. Here we include words of wisdom from RBC Capital’s Mark Mahaney as well as the bigger picture from the Street. Which ‘Strong Buy’ stocks […]
Ripple: From Super Bullish To Neutral In Less Than A Week
TM editors‘ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The price of Ripple lost 30 percent in just one week. Although that is impressive for a regular investor, it is ‘more of the same’ in crypto land. Cryptocurrencies are extremely volatile in nature. […]
