Category Archive: Finance
Downside Risks For MLPs
The Shale Revolution is a powerful recent example of why America’s system of capitalism is so enduring. We’re not just leaders in shale oil and gas, the U.S. is pretty much the only game in town. One day it will probably be the basis for college courses across the country to illustrate the power of […]
Australian Dollar Should Hold Up As Greenback Loses Some Shine
Fundamental Australian Dollar Forecast: Neutral The Australian Dollar had plentiful supportive news last week Inflation expectations, consumer spending and an official financial review all underlined the bull case It may not get much more this week, but should still hold up The Australian Dollar is still being driven largely by interest-rate differentials between its home country and those […]
Amazon Pattern Still Intact
In spite of about a month’s worth of strength, Amazon’s long-term bearish pattern still remains intact. Their earnings come out after the close on October 26th, so unless we’ve broken above the $1017 horizontal, there’s still an opportunity for a major whack-a-doodle-down on AMZN. Looking at the long-term picture provides a better understanding as to how […]
Forex Metrics And Chart Week 42 / 2017
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the AUD(4X) followed by the EUR(3X) with the GBP(3X). The weaker currencies are the CHF(3X) with the USD(3X) followed by the JPY(2X). By diversifying a nice combination can be traded in the coming week […]
Emerging Markets: Preview Of The Week Ahead – Oct. 23
EM FX closed the week on a firm note, as softer than expected US CPI data weighed on the dollar. We continue to believe that investors are underestimating the Fed’s tightening potential. Meanwhile, idiosyncratic political risk remains high for MXN, TRY, and ZAR. China reports CPI and PPI Monday. The former is expected to rise 1.6% […]
Sideways Consolidation
The S&P 500 Index (SPX) is consolidating in a sideways range. As SPX consolidates, sentiment from the Twitter stream is painting a triangle. The break of the triangle will point the next direction in the market. If it breaks to the downside, we’ll probably need a small dip before the market can continue upward. A break […]
German DAX Index Touches All-Time Highs, Good For European And Global Markets
The German DAX is not only the leading stock market index of Europe but it also represents most often global markets. The DAX rose to all-time highs this week, and that tells something about the strength of global stock markets. Almost half a year ago we noticed that Global Stock Markets Are Outperforming U.S. Stock Markets […]
AUD/USD Weekly Analysis – Sunday, October 15
AUD/USD failed in its attempt to break below the resistance-turned-support trend line on the weekly chart now at around 0.7700 and rebounded strongly from 0.7732, indicating that correction of the downtrend from 0.8124 is underway. A further rally is still possible in the coming days and the next target would be in the 0.8000 area. However, another […]
Positioning Your Portfolio As 2017 Wanes
By John Davi, ETF.com First, let’s address the recent FOMC announcement, which always brings a healthy amount of debate. The Fed told us that inflation was softer while economic growth was stronger. It has more conviction in its near-term policy path, while it lowered the long-run neutral rate. From a big-picture standpoint, the Fed still remains […]
EBay (EBAY) Gears Up For Q3 Earnings: What’s In The Cards?
eBay Inc. (EBAY – Free Report) is scheduled to report third-quarter 2017 earnings on Oct 18 after the bell. We expect eBay to perform well driven by strength in its marketplaces active users and net transaction revenues. Shares of eBay have gained 28.3% year to date, significantly underperforming the industry’s 52.7% rally. Marketplaces Active Buyers to Drive Growth In […]
