Category Archive: Finance, No picture
‘Buy, Hold And Hope’ Never More Dangerous Than Today
As the US dollar Index (DXY) strengthens to a new 52-week high above 97, commodities are tanking along with global growth prospects into 2019, and North American government bonds are rising. Oil is down for a record 12th straight day with West Texas Crude (WTI) -24% in a little over a month. Canadian oil–Western Canadian […]
USD/JPY Initiates Lower Highs & Lows Ahead Of Fresh Fed Rhetoric
USD/JPY initiates a series of lower highs & lows after failing to test the 2018-high (114.55), but fresh comments from Federal Reserve officials may keep the dollar-yen exchange rate afloat as the central bank shows no indications of abandoning the hiking-cycle. USD/JPY INITIATES LOWER HIGHS & LOWS AHEAD OF FRESH FED RHETORIC Recent price action warns of […]
E AUDUSD: Strong Turn
AUDUSD made a very nice and strong turn from 0.7018 level which we labeled as wave A), the first wave of a bigger three-wave reversal. We can see that wave A) fully unfolded a five-wave recovery, which means the current drop from 0.730 level was expected. This drop can now be labeled as the start […]
5 Low-Beta Stocks To Beat Market Volatility
It is not easy to come up with an investment strategy that will consistently reward investors with above-average returns. Thorough research and in-depth industry knowledge are required to develop such a strategy. In this article, we show that risky stocks do not always turn out to be profitable. Securities with lower volatility than the market […]
Why Wheat Could Continue Rising After Last Week’s WASDE Report
Last week, the United States Department of Agriculture (USDA) released the monthly World Agricultural Supply and Demand Estimates (WASDE) report. This is a monthly report made in collaboration with the bureau of statistics entities around the world. After the report was released, the price of wheat jumped from around $500 per ton to a high […]
NFIB Small Business Survey: “Small Business Optimism Marks Two Years Of Continued Historic Readings”
The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for October came in at 107.4, down 0.5 from the previous month. The index is at the 98th percentile in this series. Today’s number came in below the Investing.com forecast of 108.0. Here is an excerpt from the opening summary of the […]
USD Rally Pauses As EUR, GBP Gain On Italian Budget, Brexit Hopes
The US Dollar (via the DXY Index) is taking a breather on Tuesday after hitting fresh 2018 highs at the start of the week. However, the reason for pause isn’t due to any machinations around the US economy, Fed policy, or the US-China trade war; but rather, attention has turned to potentially positive developments in […]
Why Gold Is Likely To Fall To $1180 This Week
Last week, the Federal Reserve released its monetary policy statement. In the statement, the bank announced that it would leave interest rates unchanged. This was expected. What was not expected was the hawkish tone from the bank. The Fed officials said that the US economy was strong enough to handle another rate hike. This left […]
Top 5 Charts Of The Week – Tuesday, Nov. 13
This week we look at the following charts and themes: 1. Crude oil prices vs energy stocks – (potentially substantial) downside risks for crude oil prices 2. Fed balance sheet normalization plan – best laid plans… 3. QT vs the US dollar index (upside risk scenario) – US dollar could be headed much higher 4. […]
Is Silence Golden?
People say that speech is silver, silence is golden. Well, not always. The recent FOMC monetary policy statement is the best example. Lets’ read out today’s article and find out why. Nothing Changes in November On Thursday, the FOMC published the monetary policy statement from its latest meeting that took place on November 7-8. In line with the expectations, […]
