Category Archive: Finance, No picture
Stocks Decline On Trade Jitters
Stocks Decline – End A Great Week On A Bad Note The stock market sold off sharply on Friday as the S&P 500 fell 0.92%. Nasdaq fell 1.65%, and the Russell 2000 fell 1.82%. VIX was up 3.83% to 17.36. CNN Fear and Greed index fell from 29 to 18 which is extreme fear. This makes […]
Trump Says ‘Presidential Harassment’ Behind Stock Selloff (It’s Really Apple)
Stocks are off to a rough start to the new week and noted cross-asset strategist Donald Trump has a theory as to why. “The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!”, the President exclaimed on Monday morning, as stocks pushed to the lows of the day shortly before […]
Is There A Shortage Of Skilled Labor? Point, Counterpoint
Companies complain about a shortage of labor. Is the complaint real or imaginary? Shortage of Labor Claims The Federal Reserve Bank of Atlanta says Some Industries Encountering Worker Shortages Reuters talks of a World Without Labor ‘Slack’ MarketWatch says Screaming Labor Shortage Forcing Firms to Get Creative to Fill Record Job Openings Record Job Openings I discussed record […]
Industrials Softening
Copper Some Industrials are acting soft here. For Copper, a decisive decline below 264 would complete an H&S failure pattern with a target of 235. I believe that the decline on Friday was a Wyckoff Sign of Weakness day – and Friday’s high should not be penetrated. I am willing to short Copper if the market […]
If The German Economy Squeezes, EUR/USD Will Squeeze, Regardless Of Expectations
Germany is expected to report a report an outright contraction in Q3. If realized, the news could weigh on the Euro regardless of the low expectations. A recession in Germany seems unlikely, but a negative quarter means it cannot be ruled out. Germany, the largest economy in the euro-zone, publishes its preliminary Gross Domestic Product […]
Brexit Noise Pressures Sterling
Until the Brexit is a “done deal in March 2019,” FX traders will have little choice but to ride a wave of uncertainty. Such is the case for trade in London today, with the Pound Sterling under pressure as worries mount that a soft Brexit might not be on the table. The UK Prime Minister’s […]
Cut Up Or Shut Up
Saudi Arabia is not going to wait around. The Saudis are signaling that they will immediately cut oil output by 500,000 barrels a day while the rest of OPEC+1 will start to cut after the December OPEC Meeting. “We need to do whatever it takes to balance the oil market.” Saudi Arabian Energy Minister Khalid […]
3 Franklin Templeton Mutual Funds For Phenomenal Returns
With around $737.5 billion assets under management as of Mar 31, 2018, Franklin Templeton Investments is a well-known global investment management firm. It offers investment management strategies and integrated risk-management solutions to individuals, institutions, pension plans, trusts and partnerships. Founded in 1947, Franklin Templeton Investments prides itself in offering “exceptional asset management” to its clients […]
Citi Downgrades Skyworks To Neutral, Cuts Targets On Nvidia, Qorvo
Citi analyst Atif Malik downgraded Skyworks Solutions (SWKS) to Neutral from Buy and lowered his price target for the shares to $85 from $116. The company is being impacted by broad smartphone weakness, disappointing unit sales of Apple’s (AAPL) iPhone XR, and a high Apple concentration, which represented 39% of sales in fiscal 2019, Malik […]
Do You Really Need Half Your Money In Stocks?
We’ve all been conditioned to think the balanced portfolio is a touchstone of investing. For many investors, it provides enough exposure to the stock market (60%) to produce a healthy return and enough exposure to the bond market (40%) to provide ballast and a little income to a portfolio. Along the way, advisors like to […]
