Category Archive: Finance
The 2017 Incrementum Gold Chart Book
A Big Reference Chart Collection Our friends at Incrementum have created a special treat for gold aficionados, based on the 2017 “In Gold We Trust Report”. Not everybody has the time to read a 160 page report, even if it would be quite worthwhile to do so. As we always mention when it is published, […]
Tax Cut May Lead To Overheating, Help To End Bull Market
Video Length: 00:00:51 Jim Paulsen, Chief Investment Strategist for the Leuthold Group, discusses his outlook on the US stock market and the economy with FS Insider. He is still bullish, citing 3 basic pillars holding up this bull market, but also explains why a tax cut at this point in the cycle will likely do more harm […]
AUDUSD Daily Analysis – Thursday, Oct. 19
AUDUSD rebounded from 0.7818 after touching the rising trend line on its 4-hour chart, suggesting that the pair remains in the uptrend from 0.7732. Further rise to test 0.7897 resistance could be expected, a breakout of this level could signal resumption of the uptrend, then next target would be at 0.7986. Key support is now […]
UK Retail Sales Badly Disappoint, Falling 0.8% – GBP Falls
Retail sales dropped by 0.8% m/m in the UK, much worse than -0.1% expected and with a downward revision. Year over year, sales are up only 1.2$ against 2.1% expected. Excluding fuel, sales are down 0.7% instead of +0 and up only 1.6% y/y instead of 2.4% predicted. Downward revisions accompany all the numbers. GBP/USD is […]
Wall Street Kicks Off Earnings Season In Fine Form
Earnings season is upon us, and Wall Street is looking sharp. A slew of early performances suggests that American companies are poised for another quarter of year-over-year earnings growth. According to FactSet, a financial research firm, 6% of S&P 500 companies have reported actual Q3 earnings as of 13 October. Four-fifths of those companies reported […]
NZ First-Labour Party Coalition Plunges New Zealand Dollar By 1.5%
The New Zealand dollar plunged on Thursday against the U.S dollar following the news of the final make-up coalition government. The local currency plunged by 1.5 percent against the U.S. dollar to US70.53c on Thursday morning. The surprise fall came after New Zealand First, the third largest political party which effectively held power, decided to […]
Gold Trapped In A Triangle
Good morning traders. Today, let’s take a quick peek at Gold and its mid-term development. We see Gold trading in a big, choppy, overlapping and sideways price action since the start of 2016. This slow visible structure resembles an Elliott wave triangle correction. A triangle correction is a complex pattern with five legs, with each […]
Does Corruption Hinder Economic Growth?
from Qruis (formerly The Indian Economist) — this post authored by Ishita Misra According to a research done by a State Bank of India (SBI) team, corruption and economic growth are intrinsically related. Data from around the world shows that a lower level of corruption corresponds to a higher economic growth rate in a country. The […]
WTI Crude Oil And Natural Gas Forecast – Thursday, Oct. 19
WTI Crude Oil Crude oil markets got a bit of a boost during the session on Wednesday, as the inventory number was a lot more bullish than anticipated. However, we are starting to see a significant barrier at the $52.50 level, so I think what we’re going to be seen over the next couple of […]
Stocks Going Ex Dividend The Fourth Week Of October
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only […]
