Category Archive: Finance, No picture
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 […]
Uranium: Stealth Bull Market Rising?
Recent action in bellwether uranium miner CCJ shows a potential new Stage 2 bull market. I discuss that in detail and also talk about the spot price of uranium, UUUU, and the uranium ETF URA. Video Length: 00:11:11
Markets Response To The Elections
With the U.S. election results rolling in, analysts and traders have been quick to react, and to consider what will come next. Video Length: 00:07:57
AUDUSD Daily Analysis – Wednesday, Nov. 7
AUDUSD failed to break above 0.7258 resistance and stayed in a trading range between 0.7180 and 0.7258. Support is at 0.7180, as long as this level holds, the price action in the range could be treated as consolidation for the uptrend from 0.7020 and further rise to 0.7300 area is still possible after the consolidation. […]
Crude Oil Prices May Extend Worst Losing Streak In 20 Months
Crude oil prices slumped, suffering the seven consecutive day in the red to make for the longest losing streak since April 2017. That followed an EIA report predicting the biggest increase in US oil production on record in 2018. API data showing inventories added a hefty 7.83 million barrels last week reinforced the move. Gold prices edged lower […]
Multiple Jobholders: Over Two Decades Of Trends As Of October
What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly Current Population Survey of households. At present, multiple jobholders account for just 5.2 percent of civilian employment. The survey captures data for […]
Stocks Going Ex Dividend In November 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 after the […]
