Category Archive: Finance, No picture
Sensex Trades Higher; Energy & PSU Stocks Outperform
Stock markets in India are trading range-bound in the afternoon session. Among the sectoral indices, IT stocks and healthcare stocks are witnessing maximum selling pressure. While, energy stocks and PSU stocks are trading in green. The BSE Sensex is trading higher by 79 points (up 0.2%), and the NSE Nifty is trading higher by 28 points (up 0.3%). Meanwhile, the BSE Mid Cap index and the BSE Small Cap index are trading […]
E The Bank Of Canada Has Become More Optimistic On The Canadian Economy
“The Bank of Canada today (October 24, 2018) increased its target for the overnight rate to 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic outlook remains solid. The US economy is especially robust and is expected to moderate over […]
China’s Pooh Lesson
It’s one of those “nothing to see here” moments for Economists trying not to appreciate what’s really going on in China, therefore, the global economy. The slump in China’s automotive sector dragged on through October, with year-over-year sales down for the fourth straight month. Auto sales last month were off 12% from a year earlier to […]
Some Economics Of World War I
What we now call World War I was known at the time, and for several decades afterward, simply as the “Great War.” It wasn’t until the arrival of World War II that World War I was re-christened. The Great War ended 100 years ago on November 11, 1918. Stephen Broadberry and Mark Harrison have edited […]
Crude Oil Weekly Technical Outlook – WTI Plunges To Fresh Yearly Lows
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. Oil prices have continued to plummet with crude attempting its sixth consecutive weekly decline into a critical support confluence at the yearly lows. Here are the key targets & invalidation levels that […]
Weekly Gasoline Price Update: WTIC Down Sixth Consecutive Week
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down seven and six cents each, respectively, from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.83 and Oklahoma has the cheapest at $2.29. The WTIC […]
Agriculture Market Report – Tuesday, Nov. 13
In the end-of-the-day market video, Ira reviews the day’s trading in the agriculture markets. Running length 00:09:13
Focus On The Financials
What’s in store for Financials and the XLF for this week? In tonight’s video, Corey discusses the key support level and targets for short-term trades in both the XLF with the SP 500 and selected leading financial companies including Goldman Sachs (GS), JP Morgan (JPM), Morgan Stanley (MS), Microsoft (MSFT) and others. (Video length 00:08:36)
Why Bonds Are Going Nowhere
As we watch Jay Powell’s case dissipate on NYMEX WTI right before our very eyes, we can count on his ideology to try to make it for him in the absence of actual data. Economists will not budge no matter how much stacks against them; nor how many times we have to repeat this very […]
In Search Of Kind Of Close
The benefits of a simple portfolio. Barry Ritholtz had a great post on Friday titled Why You Should Stick With Buy And Hold. If you buy and hold on no matter what, save for rebalancing and changing your asset allocation based on life events, and you have an adequate savings rate then you have a very […]
