Category Archive: Finance, No picture
Are Hedge Fund Hotels Really Getting Liquidated?
We have been covering hedge funds for the last eight years and noticed that financial journalists love to bash hedge funds. When the bull market is raging, they say hedge funds suck because they underperform the market. Now that there is a noticeable market correction going on and hedge funds are outperforming the market, guess […]
Forex Forecast And Cryptocurrencies Forecast For October 29 – November 2
First, we review last week’s events: EUR/USD When giving the forecast, we assumed that none of the events noted in the economic calendar would be able to considerably shake the market. And we were right: the market reacted rather sluggishly even to the ECB chair Mario Draghi ‘s statements and to the US GDP data, […]
Forex Forecast: Pairs In Focus – Sunday, Oct. 28
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 […]
Goldilocks Vs The Bear: The Bear Wins
The environment that the Federal Reserve envisions for the economy won’t be friendly for stocks. The Wall Street Journal reports (and I agree), Even a Goldilocks Economy Could Be a Bear for Stocks. On balance, policy makers expect to raise rates four more times by the end of next year. The economy will slow, with gross […]
Broken Trend Lines – Attention Needs Be Paid!
Sure enough, the Dow fell 296 points or 1.2% on Friday, while the S&P 500 fell 1.7%, which confirms the technical breakdown under the important trendline that formed in early 2016 (I was waiting for a solid close below this level on the weekly chart). This week’s sell-off caused the S&P 500 to break below its […]
US Dollar Aims Higher On Liquidity Appeal Amid Market Rout
US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar hits 17-month high amid market-wide risk aversion October’s jobs report on tap, wage growth may take top billing Liquidity appeal may fuel USD rally as market rout continues The US Dollar capitalized on market turmoil last week as expected, soaring to a 17-month high against an average of its major currency […]
Shale Oil Becomes Shale Fail (and A Nice Subsidy For Consumers)
I’m tempted to say the following to the writers of two recent pieces (here and here) outlining the continuing negative free cash flow of companies fracking for oil in America: “Tell me something I don’t already know.” But apparently their message (which has been true for years) needs to be repeated. This is because investors can’t seem […]
Book Review: Volcker, Keeping At It
The 91-year-old Paul A. Volcker has had a long, distinguished career, highlights of which he recalls in Keeping At It: The Quest for Sound Money and Good Government (Public Affairs / Hachette, 2018). For those with a financial memory, he is best known for his role as the Federal Reserve chairman who shepherded the economy through a […]
USDCAD Weekly Analysis – Sunday, Oct.28
USDCAD broke above the bearish trend line on the daily chart, suggesting that the downside movement from 1.3385 had completed at 1.2782 already. A further rise is still possible and next target would be at 1.3300 area. Near term support is at 1.2960, only a breakdown below this level could trigger another fall towards 1.2700.
Thumbnail Sketch Of Six Things To Monitor This Week
We detail the six things to watch in the coming week and why: Equities, Bank of England and Bank of Japan, EMU GDP, US data, China PMI and European politics Equities Global equities have sold off hard. The magnitude of the recent loss is similar to what happened earlier this year. The MSCI World Index […]
