Category Archive: Finance
Reliance Industries Beats Estimates; Euro Near Two Year High And Top Cues To Watch Out Today
Indian share markets edged higher in the afternoon session and finished the trading day on a firm note. At the closing bell on Friday, the BSE Sensex stood higher by 124 points, while the NSE Nifty finished up by 42 points. The S&P BSE Mid Cap finished flat while & S&P BSE Small Cap finished down by 0.1%. Gains were largely seen in software stocks, oil […]
Stocks And Precious Metals Charts For The Week Ending 21 July – No Fear
“He who sows good seed is the Son of Man, the field is the world, the good seed the children of the kingdom. The weeds are the children of the evil one, and the enemy who sows them is the devil. The harvest is the end of the age, and the harvesters are angels. Just […]
Morgan Stanley: “The Debt Ceiling Worries Us Most”
In the latest Sunday Start report from Morgan Stanley’s Andrew Sheets, the bank’s chief cross-asset strategist looks at the current state of the market – “the S&P 500, Russell 2000 and Nasdaq have hit all-time highs. Volatility has plunged back down near all-time lows. Credit is tighter and yields have been stable” – and asks the […]
US Dollar Turns To FOMC Rate Decision, Q2’17 US GDP To Stop The Bleeding
Fundamental Forecast for DXY Index: Neutral – Coming week is back-loaded with key economic data and events: the FOMC rate decision on Wednesday, the preliminary June Durable Goods report on Thursday, and the initial Q2’17 GDP reading on Friday. – US Dollar (via DXY Index) is just off of yearly lows as economic data trends have remained downward sloping; it […]
EC Gambling: A State Of The World Report
The press regularly reminds us that we live in a world teeming with dangerous addictions. They include: drinking, drugs, sex, and gambling. The reality is that most people enjoy these activities and incorporate them into their lives without becoming addicted. In this piece, I examine what is happening in gambling by region and type with an […]
Forex Strength And Comparison Week 30 / 2017
In the Currency Strength table, the CAD was the strongest currency while the GBP was the weakest. There were some significant changes last week with the GBP and AUD losing 3 points. The other currencies remained around the same level of last week with a maximum change in the strength of just 1 point. As mentioned in the previous […]
Emerging Markets Week Ahead Preview – July 23
EM FX was mixed on Friday, but largely firmer over the entire week. Top performers were BRL, KRW, and ZAR, while the worst were ARS, MXN, and RUB. The FOMC meeting this week poses some potential risks to the global liquidity story that’s supporting EM. Within EM, the low inflation/easy monetary policy narrative should continue with […]
Good Close For Markets Bar Small Caps
Bulls were not to give up the breakout gains from earlier in the week and with the exception of the Russell 2000 it was a decent finish for markets. Action in the Russell 2000 was only disappointing because it was unable to hold on to early day gains. The spike high may mark resistance over […]
A Market Reality Check: Here Are Some Idiot-Proof Charts
The S&P 500 trades at an elevated valuation on almost every metric. The forward P/E multiple of the S&P 500 has risen by 80% since 2011 (to 18x) and now trades at the 89th percentile compared with the past 40 years while the typical stock is at the 99th percentile of historical valuation. That’s from Goldman […]
Netflix Stock Predictions: Strong International Subscriber Growth Is Why Netflix Is A Buy
NFLX Stock Predictions Summary: As one of the famous FANG stocks, Netflix enjoys a stratospheric valuation when compared to other technology tickers. Like Amazon and Facebook, Netflix is a growth-driven company. In spite of stiff competition, FANG stocks managed to establish themselves as long-term leaders in their chosen line of business. Unlike Amazon though, Netflix […]
