Category Archive: Finance
The Cleanest Shirt Is Actually Pretty Dirty
Remember last November when it seemed like everyone was a US dollar bull? Either they thought Trump would usher in the next Reaganesque US economic free market nirvana, or they were convinced there was this massive US dollar emerging markets short position from the years of USD debt issuance. Nothing better illustrates the one sided nature of […]
Euro Rally Goes Nuclear (Figuratively And Literally), European Stocks Hit 6-Month Lows
The euro is still the story in FX land. It’s now just a matter of: “is there a reason to not be bullish today?” The answer on Monday was “no,” and so… 1.20 here we fucking come. That’s from yesterday and not only was there no reason to turn bearish on Tuesday, there was instead another reason […]
Tesla Dips Amid Concern Model 3 Reservations Won’t Turn Into Buys
In recent days, two research firms have expressed worries that many of the people who have placed pre-orders for Tesla’s (TSLA) Model 3 may not actually buy the vehicles. Goldman Sachs believes that limits on tax credits could hurt Model 3 sales, while Bernstein worried that the problems that Tesla experienced with the launch of […]
Uranium Summer Drilling ‘Continues To Impress’
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Uranium exploration in the Athabasca Basin has revealed promising results for expansion, two industry analysts say. FCU’s Summer 2017 Drill Program Fission Uranium Corp. (FCU:TSX; FCUUF:OTCQX; 2FU:FSE) announced on Aug. 23 that it had […]
Gold Breaks Out To New 2017 High
Gold’s naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too. There can be no doubt about it now – gold has broken out of its summer doldrums. On Monday, the yellow metal finally broke through the longstanding $1,300/oz resistance zone to […]
Overcome Market Volatility With 5 Low-Beta Stocks
In-depth and thorough research are keys to success when it comes to the equity market. Simply following the crowd and investing in risky stocks blindly for lucrative returns will be a wastage of time and money. This is because risky securities derive good returns only when markets are bullish and hence the converse scenario should […]
EUR/USD Fills 2015 Gap, Bull-Flag Continues To Unfold Ahead Of ECB
Ticker Last High Low Daily Change (pip) Daily Range (pip) EUR/USD 1.2016 1.2070 1.1956 37 114 EUR/USD may continue to appreciate ahead of the European Central Bank (ECB) meeting on September 7 as the pair finally fills the January-2015 (1.2000 down to 1.1955). The U.S. dollar remains under pressure following the Kansas City Fed Economic Symposium in […]
Why It’s Useless For The Federal Reserve To Target Inflation
One of the leading policy guideposts for central banks and many monetary policy proponents nowadays is the idea of “inflation targeting.” Several major central banks around the world, including the Federal Reserve in the United States, have set a goal of two percent price inflation. The problem is, what central bankers are targeting is a […]
Gold Stocks Portfolio Fuel
SPDR fund tonnage (GLD-NYSE) has recaptured the 800 ton mark, and rose to 814 yesterday. This is happening as a steady wave of institutional money managers embrace gold as an important portfolio component. It’s also occurring as Indian dealers begin buying for Diwali. The result of this overall ramp-up in demand is a beautiful surge higher […]
Bi-Weekly Economic Review – Tuesday, August 29
The economic reports released since the last update were slightly more upbeat than the previous period. The economic surprises have largely been on the positive side but there were some major disappointments as well. The economy has been doing this for several years now, one part of the economy waxing while another wanes and the […]
