Category Archive: Finance
Oil Prices And Asian Stocks Seek To Erase Losses
Reports by the U.S. Energy Information Administration of a reduction in U.S. crude stocks sent oil prices slightly higher on Thursday morning, helping the commodity recover steep losses suffered on Wednesday. U.S. WTI crude futures gained 12 cents on Thursday morning, to trade at $50.56 per barrel after falling 4 percent overnight, while Brent crude futures gained […]
Recent Stock Purchase II April 2017
I usually end my ‘stock considerations’ posts the same way by saying that Mr. Market always has the last word and that sometimes stocks that I’m not considering in a particular month may suddenly become attractive once again because of a serious sell off (usually after poor earning reports and guidance). While I added to […]
Subprime Pet Rental Company Files For Bankruptcy
Two months ago, Bloomberg’s Patrick Clark penned an article that promptly went viral as it touched on a rather unorthodox topic: a pet leasing, or rather rental, company aimed at subprime borrowers who could not afford to buy their pet outright. The company in question is Wags Lending, a/k/a Bristlecone, was founded by Dusty Wunderlich in 2003. A […]
The End Of Quantitative Easing – Perhaps Now It Will Be Inflationary?
One of the greatest monetary experiment in financial history has been the global central bank buying of government debt. This has been touted as a form of “money printing” that was supposed to produce hyperinflation. That never materialized as predicted by the perpetual pessimists. Nevertheless, the total amount of Quantitative Easing (QE) adding up the […]
Indian Indices Trade Marginally Higher; Realty Stocks Witness Buying
After opening the day on a flat note, share markets in India witnessed some buying interest and are presently trading marginally higher. Sectoral indices are trading on a positive note with stocks in the realty sector and consumer durable sector witnessing maximum buying interest. The BSE Sensex is trading up 68 points (up 0.2%) and the NSE Nifty is trading up 21 points (up 0.2%). […]
4 REITs Building Investors Hopes This Earnings Season
We are at the onset of the Q1 earnings season and investors are glued to quarterly releases. One can be lured to stocks that have already impressed with profits. But instead of betting on them, picking stocks that are set to beat can be far more rewarding. This is because, an earnings beat essentially serves […]
The Tightening Fed, Geopolitics And Order In The S&P 500
The U.S. stock market has, for the most part, behaved in a very orderly fashion since the first quarter of 2016 ended just over a year ago. But since 1 March 2017, when the S&P 500 reached its all-time record peak closing value of 2,395.96, the S&P 500 has dropped diagonally by three standard deviations […]
Sterling Retraces Tuesday’s Gains Though Short Squeeze May Continue
Video length: 00:28:59 Wednesday appeared to be a day of retracing Tuesday’s large moves with one exception. Canadian Dollar weakness continued as USD/CAD traded at its highest level in over a month after the weekly EIA numbers in the US showed that Gasoline Stockpiles rose for the first time in 9-weeks. USD/CAD was supported by the retracement higher in […]
EUR/USD Extends Gains On French Polls, USD Weakness
EUR/USD is on the rise once again, extending the recent gains and reaching the highest levels during the month of April, reaching a high of 1.0747. These recent gains are an extension of the bounce within the uptrend channel. Further resistance awaits at 1.0775 and 1.0830. Why is EUR/USD rising? Looking at other charts, it is […]
Sensex & Nifty Open Flat; Yes Bank Slips 3.5% Post Q4 Results
Stock markets in Asia are higher today following key earnings on Wall Street and as oil prices came off two-week lows set earlier in the session. The Shanghai Composite is up 0.13%, while the Hang Seng is up 0.35%. The Nikkei 225 is trading higher by 0.31%. The US equities closed mostly lower on Wednesday, with IBM and oil prices pushing down […]
