Category Archive: Finance, No picture
FHFA House Price Index: Up 0.2 Percent In July
The Federal Housing Finance Agency (FHFA) has released its U.S. House Price Index (HPI) for June. Here is the opening of the report: Washington, DC – U.S. house prices rose in July, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The […]
Jefferies Calls Amazon Undervalued, Says Shares Can Hit $3,000 By 2020
Jefferies analyst Brent Thill raised his price target for Amazon.com (AMZN) to $2,350 from $2,185 while publishing a 45-page deep dive on the company. A sum-of-the-parts analysis suggests greater than 50% upside to potential value of $3,000 by 2020, Thill tells investors in a research note. The stock closed yesterday up $19.35, or 1%, to […]
EUR/USD, GBP/USD Bounce From Chart Support Ahead Of FOMC
FOMC KICKS OFF TODAY, SEPTEMBER RATE DECISION ANNOUNCED AT 2PM TOMORROW Today marks the start of the two-day meeting in Washington DC in which the Federal Reserve will decide upon the September interest rate decision at the bank. It doesn’t even really appear as though there are many decisions to be made here, as markets have carried […]
Will Gold Prices Soar After March 2019?
After the Salzburg summit, the prospects of the Brexit deal are gloomy as never before. Will gold gain on failed talks between the EU and the UK? Cake Philosophy and Gold The Salzburg summit was held last week. It was an informal summit of heads of the EU member states or governments. The participants discussed […]
E The Benefits Of Individual Stock Picking Versus Index Investing
When it comes to saving for retirement, investors have several choices with regards as to how they decide to invest their capital. They can choose to put their retirement money into an index or mutual fund or pick individual stocks. Advocates of both types often of investment styles will tell you that their strategy is […]
Remember The Glut
Do you remember the oil glut? Sure you do. It was not that long ago. The mother of all oil gluts. The oil glut that was supposedly so insurmountable that it was poised to keep oil prices lower for longer. In fact, some predicted that oil might not even trade above $30 a barrel ever […]
Morning Call For Tuesday, Sept. 25
Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.18%) this morning are up +0.26% and European stocks are up +0.33% as strength in energy stocks leads the overall market higher. Energy stocks were underpinned with Nov WTI crude oil (CLX18+0.36%) up +0.71% on positive carry-over from Monday’s rally in oil prices to a 2-1/2 month high […]
3 Large-Cap Mutual Funds For Alluring Returns
Large-cap funds are considered prudent choices for risk-averse investors when compared with their small and mid-cap counterparts. These funds have exposure to large-cap stocks, with a long-term performance history and offer more stability than mid or small caps. Companies with market capitalization of more than $10 billion are generally considered large cap. However, due to […]
Sterling Still Gaining
Sterling continues to move higher with a general improvement in investors’ risk appetite as hopes continue to rise that the UK government will be able to secure a Brexit deal. After last week’s sell off of the Pound, that hope has prompted FX traders to buy the currency back. Theresa May and her government have […]
Square Price Target Raised To $125 From $86 At Nomura Instinet
Nomura Instinet analyst Dan Dolev raised his price target for Square (SQ) to $125 from $86 and keeps a Buy rating on the shares. The stock closed yesterday up 75c to $86.04. The analyst’s analysis of Square’s fundamentals indicates “buoyant” gross payment volume, revenue and marketing efficacy trends. The company’s “fully cohesive solutions and rapid […]
