Category Archive: Finance
Qualcomm Disagrees With Taiwan Fair Trade Commission Fine Of $773 Million
Qualcomm announced that the Taiwan Fair Trade Commission has reached a decision in the TFTC’s investigation, stating in a press release that certain of the company’s business practices are in violation of Taiwanese competition law and imposing a fine of approximately $23.4B Taiwan dollars, or approximately $773 million. Qualcomm said it “disagrees with the decision […]
The Quiet Bull Market Everyone Is Skeptical Of
Although US stock markets are getting all the attention, Japan is quietly knocking up against 20-year highs. In 1995, Nick Leeson bankrupted United Kingdom’s oldest merchant bank with his Nikkei futures trading, but at least he has kept his sense of humor about it. I doubt Barings Bank shareholders find it quite so funny, yet it […]
Is Warren Buffett Leading Or Misleading Investors?
There are no shortage of Warren Buffett quotes on successful investing. The one that never fails to reassure me? “Be fearful when others are greedy and greedy when others are fearful.” If one of the greatest investors on the planet strongly suggests that one become risk averse when the herd is throwing caution at the proverbial wind, it […]
October 2017 – The Quadruple Witching Begins
It all makes sense. Not! Since the Donald’s very improbable election victory the S&P 500 index has risen by 19%, the Dow by 25%, the Russell 2000 by 26% and the Nasdaq index has returned 27%. On top of that, the Nasdaq has posted 54 record closes this year and is well on its way to exceeding the 61 record closes of 1999, which occurred, as […]
EUR/JPY Stays Above Ascending Trend Line
EUR/JPY stays above an ascending trend line on its daily chart, indicating that the price remains in the uptrend from 114.85. As long as the trend line support holds, the upside movement could be expected to continue. EURJPY Daily Chart On the 4-hour chart, the EUR/JPY pair moved sideways in a trading range between 131.74 and 133.11. […]
NFIB Small Business Survey: Index Tumbles In September
The latest issue of the NFIB Small Business Economic Trends came out yesterday morning. The headline number for September came in at 103.0, down 2.3 from the previous month. The index is at the 90th percentile in this series. Today’s number came in below the Investing.com forecast of 105.1. Here is an excerpt from the opening summary of the […]
Pretium Resources Jumps After ‘Positive’ Q3 Production Update
Shares of Pretium Resources (PVG) surged after the company reported third quarter production results for the high-grade gold Brucejack Mine. Pretium said that, in Q3, the Brucejack Mine produced 82,203 ounces of gold. In July, at the onset of the quarter, mill feed was predominately from low-grade stockpiles and development muck and 16,882 ounces of […]
4 Favorite Sectors Of Q3 Earnings And Their ETFs & Stocks
The Q3 earnings season is underway with major banks set to report this week. Earnings for the S&P 500 index are expected to grow 2.3% from the same period last year on 5% higher revenues, as per the latest Earnings Trends. However, earnings growth is on track to be the lowest this year after double-digit growth […]
