Category Archive: Finance, No picture
Renesas Acquires Integrated Device Technology For $49 Per Share Or $6.7B
Renesas Electronics (RNECY) and Integrated Device Technology (IDTI) announced they have signed a definitive agreement under which Renesas will acquire IDT for $49.00 per share in an all-cash transaction representing an equity value of approximately $6.7B. The stock closed yesterday down 58c to $42.08. Closing of the transaction is expected to occur in the first […]
The Downside For Oil Is Limited
More than two weeks of nearly uninterrupted price gains for crude oil ended this week, with the rally running out of steam. The question is what happens next? Oil prices posted steep losses just as the bulls were back on the march. WTI briefly topped $70 per barrel in recent days and Brent was flirting […]
USD/CAD Weekly Analysis – Tuesday, Sept. 11
USD/CAD remains in the uptrend from 1.2887, the pullback from 1.3226 is likely consolidation for the uptrend. Deeper decline is still possible and the target would be at 1.3000. However, as long as 1.3000 support holds, the uptrend could be expected to resume and one more rise towards 1.3350 is still possible after the consolidation.
Natural Gas Is Already A Bridge Fuel
Those who wish to debate whether natural gas should be a bridge between a coal-fired past and a renewable future are missing the point. It is already serving as that bridge. Many environmentalists are staunchly against the idea that natural gas can act as a bridge fuel to a renewable future. Actor Mark Ruffalo echoed the […]
Blockchain Voting Tech, Gemini Dollar, Commodity Futures
(Video Length: 00:46:44) Today, we go over some fascinating developments in the cryptocurrency space. Then we take a dive into the Futures markets to explore commodities and discuss how drastically environmental events can effect the price of contracts.
Air Products Thrives On Rare & Cooling Gases
The materials sector includes thirteen industries all related to mining, making and delivering essential commodities. The industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals and minerals; paper; silver; specialty chemicals; steel. Today I’m reviewing a large-cap chemicals firm named Air Products & Chemicals, Inc. It’s trading ticker symbol is APD. This […]
AUD/USD Daily Analysis – Tuesday, Sept. 11
AUD/USD remains in the downtrend from 0.7381. Further decline could be expected after a minor consolidation and next target would be at 0.7000 area. Resistance levels are at 0.7140 and 0.7190, only break above these levels could signal completion of the downtrend.
How To Use Bollinger Bands To Predict Breakouts
Bollinger Bands are a favourite trading indicator among professional traders. Bollinger Bands were developed and made famous by legendary technical trader John Bollinger and are plotted 2 standard deviations away from a simple moving average. The usual moving average used is the 20 day. When market volatility increases, Bollinger Bands will widen and move further […]
The Rotation To Defensive Stocks Continues
With US markets holding at or near all-time highs there is a general rotation of money into more defensive stocks. Chris Temple and I discuss why money is flowing in that direction and where some of the worrisome signs are coming from. (Audio length 00:11:31)
“Monetary Buffers Depleted” – Boston Fed; Concerns Over Next Recession Mount
In a recession, the Fed typically slashes interest rates 5 PP. No such buffer exists. A Fed study looks at the impact. One of the reasons the Fed seems desperate to hike rates is they want ammunition to cut rates when the recession hits. Typically, the Fed cuts rates by 5 percentage points, but when […]
