Category Archive: Finance, No picture
Euro Forecast: Quiet Calendar Means It’s Italy Or Bust In Week Ahead
Fundamental Forecast for EUR/USD: Neutral The Euro continued its streak of weakness, losing ground to five of the other seven major currencies as the calendar turned from October to November. There are no ‘high’ rated German or Eurozone data releases in the coming week, meaning the only potential domestic catalyst in the days ahead is progress around Italy’s budget (more attention […]
Exact Sciences: Poised For Further Growth
Exact Sciences Corporation (EXAS – Research Report) is a groundbreaking med tech company focused on developing screening tests for early stage cancer. This results in earlier detection and better treatment outcomes for patients. Established back in 1995, EXAS received FDA approval for its first product, the at-home colorectal cancer screening test Cologuard back in 2014. All good, […]
A Blue, Blue Wave + Aggressively Hawkish Fed: A Recipe For Disaster?
What’s going to happen if the Democratic Party gets its Blue Wave this Tuesday? My thoughts are as follows: One way or another, this will be an obsession. If both houses go to the Democrats there will be a major media freakout/ feeding frenzy focusing on the negative: the Democrats … their business-unfriendly bias, their desire to reign […]
S&P 500 Looks To Midterms And Trade Wars, Dax And FTSE Elsewhere
Fundamental Forecast for Equities: Bearish Equities have shed some geopolitical concerns but midterms look to command the spotlight next week Earnings season has largely been a boon for US equities with many positive results across sectors despite disappointing reports from FANG Trade wars will continue to dominate headlines and pose as a constant risk S&P […]
Berkshire Hathaway Reports Q3 Operating Earnings $6.88B Vs. $3.44B Last Year
Berkshire reported Q3 net earnings of $18.5 billion, or $11.28 billion per class A share equivalent, from $4.07 billion in the year-earlier period. At September 30, 2018, Berkshire’s book value per Class A equivalent share was $228,712. Insurance float was approximately $118 billion at September 30, 2018, an increase of $4billion since year-end 2017.
Market Cap To GDP: November Update To The Buffett Valuation Indicator
Note: This update incorporates the latest Z.1 data release (Q2), the Q3 GDP Advance Estimate, and the October close data. Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazineinterview that “it is probably the best single measure […]
Forex Forecast: Pairs In Focus – Sunday, Nov. 4
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Mid Term Elections – Who Wins Or Loses?
In Best Stock Charts this week we discuss those stocks and sectors which will both benefit and get hurt by a turnover of the House of Representatives to the Democrats. We also discuss our performance trading this recent stock market correction both to the short side and then building long positions as the stock market […]
US Dollar Likely To Rise As The Midterm Elections Outcome Emerges
US DOLLAR FUNDAMENTAL FORECAST: BULLISH Midterm elections to overshadow status-quo Fed policy announcement Baseline bets favor divided Congress, which may boost the US Dollar Fears of political clash may send USD lower if the full Congress flips The week ahead will mark the rare occasion when a monetary policy announcement from the Federal Reserve is not the focal […]
