Category Archive: Finance
China Markets Up On Higher Than Expected GDP
China’s stocks rose for a fifth straight day on Wednesday, led by consumer and energy companies and following a report pointing to increased evidence of a stabilizing economy. Real gross domestic product in China grew 6.6% in the January-March period, with data showing China’s service sector strengthened in March and the Caixin services purchasing managers’ […]
The End Of Privacy = Risk Off And Soaring Gold
Between the “Panama papers” and the DC Madam’s customer list, we might be witnessing the end of personal (and corporate and government) privacy. The result? Less financial and geopolitical risk-taking and more gold buying. But don’t get burned by failing precious metal dealers. Here’s how to make sure you get what you pay for. Audio […]
EUR/USD Forex Signal – April 6, 2016
EUR/USD Signal Update Yesterday’s signals produced a profitable long trade off the rejection of support at 1.1337 that was good for slightly more than 20 pips of profit. Today’s EUR/USD Signals Risk 0.50% Trades may only be entered between 8am and 5pm London time today. Protect any open trades half an hour before the FOMC release. […]
The Panama Papers: This Is The Consequence Of Centralized Money And Power
Technologies such as the blockchain are enabling alternative ways of creating and distributing money outside central banks and states. If we don’t change the way money is created and distributed, we will never change anything. This is the core message of my book A Radically Beneficial World: Automation, Technology and Creating Jobs for All. The Panama Papers […]
Teva Earnings On The Approach
Generic pharmaceutical giant Teva (TEVA:NYSE) is set to report earnings in the coming sessions, leading to an uptick in volume and volatility for the company’s shares as management discusses results and issues forward-looking guidance. Even though performance has been weak since the outset of 2016, with share prices falling -16.73% year-to-date, Teva exhibits many attractive qualities especially at […]
Chart Of The Week: Corporate Bonds Go Vertical
You don’t often see a move like this in a bond market. This the long term, high grade corporate bond ETF from SPDR, up 6.6% in the last month. I chose this chart because of what it shows about modern markets, which don’t allow for much introspection on the part of investors. We’re all traders […]
Oil Will Be Over $50 A Barrel By July 4th
A strong API Report reporting over a 4 million barrel drawdown in Oil inventories, and a report out of Kuwait saying that an output freeze deal by major oil producers would proceed without Iran will be bullish for the oil market. We expect the short covering to begin tonight, tomorrow and for the next 8 […]
Sell These 3 Popular Stocks Before They Miss Earnings
These three widely-owned stocks have gradually decreased their first quarter earnings expectations over the first three months of the year signaling that business is not doing as well as hoped. This points to a high probability of missing earnings when they report next week which will lead to a dramatic decrease in price. First-quarter earnings […]
Gold Posts 1.3% Gain As Stocks Fall
Gold prices rose 1.3% on Tuesday, breaking a two-day losing streak, as declines in global stock markets drew buyers to the perceived safety of the precious metal. Equity markets around the globe slid after investors took a cautious stance ahead of the release of the Fed’s minutes. The Fed is due to publish minutes from […]
What The Charts Say: Complacent, Complacent-er, Complacent-est
While breadth and seasonals are constructive, BofA’s Stephen Suttmeier warns complacent put/call, VXV/VIX, and volume distribution are April risk factors. Since mid-March, accumulation (up volume or buying) has fallen relative to distribution (down volume or selling) as the US equity market has rallied, which is negative divergence and risk factor for April. To suggest that this complacency […]
