Category Archive: Finance
How We Knew Valeant Pharmaceuticals Would Blow Up
In this video we explain how we researched Valeant Pharmaceuticals before its big earnings dive. Valeant Pharmaceuticals PDF here, video below of the details behind our research that led us to publish multiple warnings on Valeant Pharmaceuticals (VRX) stock, which dropped 50% on March 15. (The following was published on March 15) Valeant Pharmaceuticals (VRX: $36/share) […]
Forex Forecast: Pairs In Focus March 27, 2016
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Hugh Hendry: “If China Devalues By 20% The World Is Over, Everything Hits A Wall”
Once upon a time Hugh Hendry was one of the world’s most prominent financial skeptics, arguing with anyone who would listen that the status quo is doomed and that central planning will never work. Most famously, back in 2010 during a BBC round table discussion with Jeffrey Sachs and Gillian Tett when discussing Europe’s crashing experiment with […]
Getting Busy Next Week: Non-Farm Payroll And Yellen Stand Out
After a long weekend in some places, we have a busy week in the turn of the month: the usual Non-Farm Payrolls report is preceded only by few data points, raising the level of uncertainty. Earlier, Fed Chair Janet Yellen could weigh on the dollar by clarifying the confusion between the hawks and the doves. […]
Chinese Yuan Tracks Market Moves More Closely – The New Normal?
Fundamental Forecast for the Yuan: Neutral FX Regulator Says China Is Prepared PBOC Governor Said Developed Markets Help to Offset High Debt What Are the Traits of Successful Traders? Get FXCM’s Free New eGuide This week both the offshore Yuan (CNH) and onshore Yuan (CNY) posted its largest weekly of the year on strong US Dollar gains. The […]
Hedged And Inverse Bond ETFs To The Rescue If Rates Rise
The behavior of the fixed income market is different this week from recent weeks. This is because a few hawkish comments from some Fed officials completely ruled out the dovish mood felt after the Fed announced no rate hike in its latest meeting and cut the number of projected rate hikes for this year (read: Buy […]
Household Finances Still In Good Shape Despite Deterioration Says Deutsche Bank
The average consumer’s household finances aren’t in as good as shape as they were, but Deutsche Bank economists still think consumers have enough buying power to keep the economic recovery chugging along steadily. Their recent study supports findings from another firm that also suggested consumers are doing pretty well. In February, Goldman Sachs concluded that […]
Strong Closes
A strong close Friday for stocks is what we wanted to see and tells me we remain setup for a breakout higher, but if not, it doesn’t take long to exit my positions. We still look good for higher and have a neutral reading in terms of overbought/oversold. Nice stuff from SPY who held the […]
A Chink In The Rally?-Market Overview
“If, however, as it is the case today, we are tracking an exceptionally strong counter-trend rally, we can assign a more liberal count to the trend and, in that case, we come up with 2058, 2070, and perhaps even 2080 before we reach a reversal point.” Last week, SPX reached a high of 2056.60 […]
Australian Dollar Versus United States Dollar Currency Cross Analysis: March 27, 2016
We look at the AUD/USD Currency Cross in this video. Will the AUD get back to parity with the USD? The AUD is off the 2016 lows, will it strengthen or weaken from here for the remainder of the year? This is the big question for currency traders after the rally off the January lows […]
