Category Archive: Finance
Market Outlook: S&P 500 Repeats Record Pattern Exactly 19 Years Later
I know this is getting boring, but equities hit new highs yet again with Big Cap Value stocks leading the charge up +1.9% for the week. Thank you, IBM. However, just when you may be thinking it’s just another strong week, the S&P 500 took record breaking to a level not seen since October 16, […]
Three On A Match: US Tax Reform, ECB And Bank Of Canada Meetings
There are many economic reports that will vie for investors’ attention. The flash PMI readings for the eurozone may be the most contemporaneous data, while the UK and US are the first G7 countries to report Q3 GDP. Japan will provide September CPI figures, and the both Sweden’s Riksbank and Norway’s Norges Bank hold policy […]
Exit Polls Project Sweeping Victory, Super Majority For Japan’s Abe
As widely expected, Japan Prime Minister Abe’s ruling coalition is set for a sweeping victory in Sunday’s general election, and may retain the two-thirds parliamentary majority needed to revise Japan’s constitution, according to an NHK exit poll. Shinzo Abe during an election campaign rally in Tokyo, on Oct. 21 Shortly after polls closed at 8pm, […]
GBP/USD Weekly Analysis – Sunday, October 22
GBP/USD trades above a bullish trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the upside movement could be expected to resume and a break of 1.3350 resistance could trigger another rise towards the bearish trend […]
Forex Forecast: Pairs In Focus – Sunday, Oct.22
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Your 401k And IRA In 2018
Recently, the IRS just announced the contribution limits for 401k plans (including 403b and 457 plans) as well as IRAs. Additionally, the IRS also announced changes to the income phase-outs for traditional IRA and Roth IRAs. Let’s start with the 401k plans. For 2018, the IRS increased the contribution limits to $18,500, up $500 from […]
Weekly Trading Forecast: Central Bank News Promises Fireworks
Central banks will command financial markets’ attention in the week ahead, with speeches from top officials including Fed Chair Yellen and a wealth of policy-defining data due. British Pound Forecast: Supported For Now But Politics Hold Sway The British Pound continues to be held ransom by the ongoing Brexit talks although next month’s central bank policy […]
Gold Succumbs Sober To Another October
We begin straightaway with a set of our hidden microphones still placed after all these years inside the Salzburg clinical offices of Dr. Youara Nichtsogut, noted analyst in the psychosis of precious metals… Dr. Nichtsogut: “Well, Liebling, according to your chart, you’ve not graced us with your presence here at zee clinic since 19 March 2011. […]
China And Ratings Agencies’ Double Standards
Why is China being penalized for its debt problem, but advanced economies aren’t? Today, rising debt is one of China’s key challenges. Recently, it led to the mainland’s rating cut by ratings agencies. Yet, many advanced economies have higher credit ratings than China, though their leverage ratios are worse. In May 2017, Moody’s Investor Service […]
EUR/USD Weekly Analysis – Sunday, October 22
EUR/USD failed in its attempt to break below 1.1662 key support, indicating that the pair remains in the uptrend from 1.0340. As long as the price is above 1.1662 level, the price action in the trading range between 1.1662 and 1.2092 could be treated as consolidation of the uptrend and another rise towards 1.2700 is […]
