Category Archive: Finance, No picture
Can Colin Kaepernick Push Nike Stock To $200?
The Nike 30th Anniversary Just Do It, campaign has generated a lot of attention – both positive and negative. The Just do it Campaign will feature Colin Kaepernick, Serena Williams, Odell Beckham Jr and many more. Nike made Colin Kaepernick the leading figure in this campaign. The former San Francisco 49ers has been a controversial […]
US Dollar May Rise On CPI, Trade Wars And Emerging Markets Stress
US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar buoyed by upbeat economic data, safety-seeking demand CPI data echoing wage growth uptick may boost Fed outlook further Trade wars, emerging markets jitters might prolong risk aversion The US Dollar accelerated higher last week as market sentiment deteriorated and Fed rate hike expectations firmed, speaking to the greenback’s haven […]
Mexico Learns How To Play Trump’s “Let’s Make A Deal” Game
What happens when everyone reads the same book? Answer: They all do the same things. Reuters reports Mexico Wants Steel Dispute Ended Before New NAFTA Signed. Mexico wants to end to a tariff dispute over steel and aluminum with the United States prior to signing off on a reworked trade agreement with its northern neighbor, Mexican […]
SPX Reverses From All-Time High
VIX closed above Long-term resistance at 14.25, confirming a probable buy signal in the VIX. The Cycles Model shows a likely surge in strength for the VIX through mid-October. (Bloomberg) Strategists are predicting a pickup in volatility after an usually quiet August, seeing choppy waters ahead for traders who took a summer break. U.S. stock […]
Economic Data And Forecasts For The Weeks Of September 10 And 17
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of September 10 September 10 Consumer Credit – July $14.0B 10.2 14.0 September 11 NFIB Small Business Optimism Index […]
Looking Ahead To Q3 Earnings Season
In looking ahead to the Q3 earnings season here are the key points: Total earnings for the S&P 500 index are expected to be up +18.1% in Q3 from the same period last year on +7.2% higher revenues, the 6th time in the last 7 quarters of double-digit earnings growth. Q3 earnings growth is expected to […]
GBP: Positive Momentum Will Continue To Drive Sterling Higher
Fundamental Forecast for GBP: Bullish STERLING (GBP) TALKING POINTS: Sterling making gains against a range of currencies, but the US dollar remains stubbornly strong. Big week of data releases and the latest Bank of England meeting. The DailyFX Q3 GBP Forecast is available to download. We recently turned positive on Sterling and our view has been hardened this week, helped by a […]
