Category Archive: Finance
Goldman Prepares For Grand Entry Into The ETF World
The ETF industry has been taking giant strides since last year with many issuers launching products with varied themes, while several others making inroads into the field. And if 2014 turned out a historic year for the ETF industry with assets hitting the $2 trillion (approximately) mark and over 180 ETFs being rolled out, 2015 […]
Picasso Painting Sells For Record $180 Million In Christie’s Auction
If the Fed’s bubble busting team led by Stanley Fischer was looking for runaway inflation, it could have easily found it earlier today without any particular effort, only not in the usual CPI place, but in the price of Women of Algiers (Version O), a “vibrant, multi-hued painting” from Pablo Picasso which moments ago became the […]
EUR/USD Forex Signal For May 12, 2015
EUR/USD Signal Update Yesterday’s signals expired without being triggered. Today’s EUR/USD Signals Risk 0.75% Trades may only be made between 8am and 5pm London time today only. Long Trade 1 Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.1072. Place the stop loss 1 pip […]
Arena Pharmaceuticals 1Q Loss Narrower-Than-Expected
Arena Pharmaceuticals, Inc. (ARNA – Analyst Report) reported a first-quarter 2015 loss of 10 cents per share, narrower than the Zacks Consensus Estimate of a loss of 14 cents and the year-ago loss of 12 cents. Total revenues increased 79.9% year over year to $12.3 million, surpassing the Zacks Consensus Estimate of $10 million. Reported quarter revenues include […]
US Dollar Falls As Bond Sell-Off Continues
The unwinding of the long bonds/long US dollar position is continuing this week after it appeared to have reached climactic proportions last week. Eurozone benchmark 10-year yields are 11-12 bp higher today. Gilt yields are up almost as much. Despite some encouraging signs from the Eurogroup meeting yesterday, 10-year Greek yields are up 15 bp. US […]
Household Spending Growth Expectations Plunge; Recession Already Started?
Every month the Fed does a Survey of Consumer Expectations for inflation, earnings growth, income growth, and consumer spending growth. In the microeconomic data overview, the Fed provided charts for the first three sets of expectations. I downloaded the data and created my own chart of spending expectations. First let’s consider some details from the report. Emphasis […]
China Could Hold Oil Market To Ransom, Tops US As World’s Largest Importer
For the first time in history, China overtook the US as the world’s biggest importer of crude oil in April, as The FT reports, representing the culmination of a seismic shift in global energy flows over the past decade. The jump in China imports last month was partly down to higher shipments from Iran, who “may be offering […]
Gold Remains Within Narrow Range
Gold edged lower on Monday as strength in the dollar pushed prices down but uncertainty about the timing of a U.S. interest rate increase limited losses. Last week’s U.S. jobs report fueled optimism the second quarter will be better than the first quarter though downward revisions to previous figures raised the possibility that the Federal […]
3 Stocks With Magic PEG Ratios
For generations, value investors have looked to the price-to-earnings ratio, or P/E, as a means to finding value stocks. However, Benjamin Graham, long considered to be the “father” of value investing, found that a low price-to-earnings ratio wasn’t enough to unearth the true undervalued companies. Graham combined the low price-to-earnings ratios with the power of […]
EURUSD Short Term News Trade Opportunity Tuesday: Strategy, Fundamental & Technical Considerations
How to trade the EURUSD given the key EURUSD events: German GDP, Greek IMF payment, US retail sales – our favorite simple short term news trade and how to play it -There are a 3 potential short term EURUSD news trades today -Why we prefer the Greek IMF repayment as the best simple short news […]
