Category Archive: Finance, No picture
Neurocrine Slides As Ingrezza Serious Cases Count Updated In FDA System
Shares of Neurocrine Biosciences (NBIX) are sliding after the Food and Drug Administration’s Adverse Events Reporting System was updated with new quarterly data, showing 77 death cases identified for the company’s Ingrezza among 445 serious cases in 2018. SERIOUS CASES IDENTIFIED FOR INGREZZA: The FDA’s FAERS website, which appears to have been updated recently with […]
Is Now The Right Time To Buy Alibaba?
Chinese stocks have been under heavy selling pressure lately, mostly because of investor concerns about the trade war and its impact on China’s economy and currency value. In this context, Alibaba (BABA) stock is down by nearly 32% from its highs of the last year. On the other hand, Alibaba is growing at full speed, […]
Telecom ETFs In Focus Post Q3 Results
U.S. national security, economy and global standing are expected to benefit immensely from technological developments to be brought in by the 5G world, and M&A strategies remain the chosen way for going forward in the telecom space, per a recent survey of 82 U.S. telecommunications’ CEOs. However, a rising rate scenario is hurting this capital-intensive sector […]
Underlying Inflation Gauge: Data Delays
Here is the latest from the NY Fed: The UIG “full data set” measure decreased from a currently estimated 3.10% in September to 3.07% in October. The “prices-only” measure increased from 1.94% in September to 2.00% in October. The twelve-month change in the October CPI was +2.5%, a 0.2 percentage point increase from September. The […]
AUD/JPY Weekly Technical Outlook: Price Testing Trend Resistance
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. The Australian Dollar has rallied more than 4.7% against the Japanese Yen since the yearly lows registered last month with price testing a critical resistance barrier around the 83-handle. Here are the key targets & […]
China Softly Weakens Some More
There was nothing really shocking about China’s monthly economic statistics for October 2018. The Big 3, Industrial Production, Retail Sales, and Fixed Asset Investment, all continue along in the same way. The Chinese economy is not crashing, it may be slowing, but most of all there isn’t any more upside. It’s the last one that […]
CAD Rebounds As Oil Prices Rise
Trading strategies: EUR/USD Trading strategy: Await signal Open: – Target: – Stop-loss: – Recommended size: – Short analysis: The monthly inverted hammer and falling monthly RSI are encouraging for EUR/USD bears. But yesterday’s and today’s recovery suggests that a corrective move is likely in the near term. The pair is trying to rise above 7-day […]
U.S. Equity Market Review – Wednesday, Nov. 14
The decline in equities in October may be primarily related to the shift higher in… rates… putting downward pressure on valuation multiples… business cycle backdrop… still looks positive for the U.S. equity market… however, some measures of market breadth are not far from levels that are historically consistent with major market tops… Video Length: 00:04:32
The Three Largest Cryptocurrencies – Wednesday, Nov. 14
With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
Gold Prices Risk Larger Rebound As Bullish Sequence Unravels
GOLD TALKING POINTS Gold holds a narrow range even as the ongoing shift in U.S. trade policy shakes up the dollar, and the precious metal may continue to consolidate over the remainder of the week as the recent series of lower highs & lows snap ahead of the October-low ($1183). GOLD PRICES RISK LARGER REBOUND AS BULLISH […]
