Category Archive: Finance, No picture
Turkish Lira Swings Violently As Erdogan’s Economic Plan Spooks Traders
The Turkish lira swung violently, rising to session highs then slumping 1.5% after Turkey presented its medium-term economic plan, which together with last week’s massive 625bps rate hike was supposed to restore investor confidence in the country’s struggling economy. The Turkish Lira first rose 1.9% during the speech delivered by Turkey’s finance minister Berat Albayrak […]
BTC/USD Forex Signal – Thursday, Sept. 20
Last Tuesday’s signals were not triggered, as there was no bearish price action at $6,324. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time, over the next 24-hour period only. Long Trade Long entry after a bullish price action reversal on the H1 time frame following the next touch of […]
EUR/USD Is Hugging 1.17 For Too Long, Big Breakout Ahead?
The EUR/USD is moving up within the narrow range. A tug of war between trade calm, US yields, and Brexit headlines keep the pair steady. The technical picture remains bullish for the EUR/USD. The world’s most popular currency pair is flirting with the 1.1700 level once again, holding up in the high range that characterized […]
Stocks Going Ex Dividend In October 2018
The following is a short list of some of the many stocks going ex dividend during the next month. Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly […]
USDCAD Daily Analysis – Thursday, Sept. 20
USDCAD extended its downside movement from 1.3226 to as low as 1.2899, facing 1.2887 support. Further decline would likely be seen and next target would be at 1.2800 area. Resistance is at 1.2970, as long as this level holds, the downtrend will continue.
Health Equity – Roaring Through $100
Introduction: I’ve written several articles highlighting HealthEquity (HQY) since the sub $40 range as a great play on the secular growth in the Health Savings Account (HSA) space that’s largely independent of legislative actions, the drug pricing debate or rising insurance costs. HealthEquity is not an insurance company thus does not possess any liability for […]
AUDUSD Daily Analysis – Thursday, Sept. 20
AUDUSD broke above 0.7235 resistance and extended its upside movement to as high as 0.7244. Further rise is still possible and next target would be at 0.7350 area. Near-term support is at 0.7230, only a breakdown below this level could bring the price back towards 0.7140.
Homebuilder Confidence Stays Steady In September: 5 Top Picks
The confidence level among the nation’s homebuilders for newly-built, single-family homes remained unchanged in September from the prior month on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Although builders remain perturbed with rising costs and continued shortage of skilled labor, a growing economy and rising income along with increasing household formations […]
Processing Powell’s Rout
The US is going it alone. The rest of the world isn’t so synchronized like it was, purportedly, in 2017. No matter, at least for Americans. Even Europe, last year’s poster boy for what this upswing was going to accomplish, has thoroughly disappointed. The United States is just going to have to leave everyone else […]
“Stupid Time” For Pot Stocks
“This is just stupid time. I can’t believe the valuations at this stage”, says Investitute co-founder Jon Najarian. The new mania is pot stocks. Valuations are beyond absurd, which is what always happens in bubbles. Investitute co-founder Jon Najarian says It’s Stupid Time. In June, Canada announced it will legalize recreational marijuana use effective Oct. 17, […]
