Category Archive: Finance
AstraZeneca And Takeda Pharmaceutical Company Limited Parkinson’s Collaboration
AstraZeneca PLC (AZN) announced that it has put together a deal with Takeda Pharmaceutical Company Limited (TKPYY) that will see the two collaborate on the development of a brand-new Parkinson’s disease asset. The last week or so has been a busy period for AstraZeneca, with the company announcing the approval of its Faslodex asset as […]
US Lithium Corp. Kaboom – Exploding Into The Global $100 Billion Legal Marijuana Market
HENDERSON, Nev., Aug. 31, 2017 (GLOBE NEWSWIRE) — US Lithium Corp. (OTCQB:LITH), announces that it will be pursuing the lucrative legal marijuana payment market in locations that allow the sale to consumers for both medical and recreational use. Kaboom Coin (kaboomcoin.com) provides the underserved legal marijuana industry with decentralized banking infrastructure, blockchain based consumer databasing […]
BofA Goes Sell To Buy On FMC Corporation With Ag Outlook Seen Improving
Bank of America Merrill Lynch upgraded FMC Corporation (FMC) two notches, to Outperform, its equivalent of a buy rating, from Underperform, its equivalent of a sell rating. The firm says that the risk facing the company from the increased use of genetically modified organisms, or GMOs, in soybeans has declined, while the company should benefit […]
FV VXX/VIX: Tail Wagging The Dog?
Video by Seve Sosnick Seve Sosnick, Chief Options Strategist at Interactive Brokers, breaks down the “sell volatility” strategy that has made its way into mainstream media. Video Length: 00:05:38
August Chicago PMI Unchanged
The Chicago Business Barometer, also known as the Chicago Purchasing Manager’s Index, is similar to the national ISM Manufacturing indicator but at a regional level and is seen by many as an indicator of the larger US economy. It is a composite diffusion indicator, made up of production, new orders, order backlogs, employment, and supplier […]
Japan’s Second Largest Bank Plans To “Plow” 100 Billion Yen In Stocks
It used to be that just the BOJ (via ETFs) and the largest Japanese pension fund, the GPIF (the largest in the world), had an implicit green light to allocate funds (in the case of the former, created out of thin air) to equities. That is no longer the case: according to Bloomberg, Japan’s second largest […]
Riding The Range Until…
It is a safe bet that our furry friends in the bear camp figured the combination of Hurricane Harvey and increasing tensions with North Korea would get the party going to the downside. However, a funny thing happened on the way to the debacle; stocks decided to reverse course and rally instead. Yep, that’s right; […]
Stock Analysis: General Electric
Hey everyone, so summer is almost over and I will get back to my normal writing frequency of at least two articles per week. Today I am talking about of probably one of the best dividend companies, General Electric. GE has paid a dividend for over 100 years and has increased its dividend annually since […]
Recent And Current Forex Weekly Chart Trades
Here are my current and recent trades (taken in the last couple months). I will also include some currency pairs that haven’t provided a trade signal yet, but could in the next several weeks. This should not be viewed as a comprehensive list of trades for all the strategies covered (I have missed a couple […]
Weekly Unemployment Claims: Up 1K, Beats Forecast
Here is the opening statement from the Department of Labor: In the week ending August 26, the advance figure for seasonally adjusted initial claims was 236,000, an increase of 1,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 234,000 to 235,000. The 4-week moving average was 236,750, […]
