Category Archive: Finance, No picture
US Dollar In Holding Pattern After Midterms, Ahead Of FOMC Tomorrow
The US Dollar (via the DXY Index) has seen prices alternate between gains and losses on Wednesday as market participants digest the results of the 2018 US midterm elections. With the base case scenario having been achieved – Democrats controlling the House, Republicans controlling the Senate – reaction across financial markets has been limited. If there is […]
Analysts Say Buy Western Gas, Noble Energy After Colorado Prop 112 Fails
Colorado’s Proposition 112, the initiative that would dramatically increase oil and gas drilling setbacks from homes, businesses and waterways, was defeated Tuesday night following a contentious campaign in which the industry spent tens of millions of dollars to derail the measure. Following the election outcome, Bank of America Merrill Lynch analyst Dennis Coleman upgraded Western […]
Dividend Income Update October 2018
It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios. After going through a roller coaster of a month it seems that November is shaping up to be more of the same. Increased volatility marked […]
E USDJPY Making A Bearish Reversal
USDJPY made a nice reversal down from the 113.81 high, which was expected, as we were tracking an expanding diagonal in wave v of C. Current drop, we labeled as wave i)/a), which found a base at the 112.94 level, from where we now see price unfolding a corrective recovery. This can be labeled as […]
Gold And Uranium Opportunities And Drivers
Sean Brodrick kicks off today with a recap of his presentation at the New Orleans Investment Conference and the companies that caught his eye. We discuss the gold sector first but his presentation focused on uranium. The limited number of investment vehicles in the uranium space are a great hint of just how beat up […]
BTC/USD Forex Signal – Wednesday, Nov. 7
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time today, during the next 24-hour period only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch of […]
Why Cocoa Could Fall To $2300 Before Continuing The Upward Trend
Cocoa is one of the most popular commodities in the market. It is used in the manufacture of confectionaries and beverage products. Therefore, if you have a sweet tooth, chances are that you consume cocoa-made products regularly. Unlike other agricultural products like corn, cocoa is mostly a discretionary commodity. As a discretionary commodity, the product […]
USDCAD Daily Analysis – Wednesday, Nov. 7
USDCAD moved sideways in a trading range between 1.3048 and 1.3169. As long as 1.3048 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2782 and further rise to 1.3250 area is still possible. Key support is now at 1.3048, only a breakdown below this level could […]
3 EUR/USD Movers After The Uptick From The Mid-terms
The EUR/USD advanced as Democrats won the House, lost the Senate. The expected result clear the way for other themes to take over. The technical picture remains bullish for the pair. The EUR/USD hit a new two-week high of 1.1473 during the US election night before consolidating in the mid-1.1400s. Republicans retained the Senate and […]
3 E-Commerce Stocks To Buy Before Holiday Shopping Hits
Black Friday is coming up in just two weeks, marking the start of this year’s holiday shopping season, and the experts are already trying to predict what retailers can expect from ‘the American consumer’. Will 70-inch flat screen TVs run out the door at loss-leader prices? How will Apple’s iPhones hold up? Will an important […]
