Category Archive: Finance, No picture
Exploring Tesla’s Mountain Of Debt: Musk Needs To Pick A Poison
Let’s explore Tesla’s mountain of debt with a spotlight on convertible bonds. Tesla’s Mountain of Debt The chart is from Tesla’s U-turn Puts it Back at Square One on Cash. I added the boxes in blue. The reason will become apparent in a moment. With a debt load of about $10.5 billion and the possibility of […]
Gold Prices Fall As US Dollar Gains Amid Market Turmoil
Gold prices fell as haven demand buoyed the US Dollar, applying familiar downward pressure to the standby anti-fiat alternative. The MSCI World benchmark stock index fell for a second day, shedding 0.3 percent amid worries about stress in emerging market assets and the escalating trade war between the US and China. Sentiment-sensitive crude oil prices likewise tracked lower. Headwinds […]
Dollar To Strengthen If Trade Tension Escalates This Week
Trade tensions may continue to weigh on EM currencies, short AUD/USD? Correlation between Aussie and EM(Emerging Markets) currencies have been staying high in the past years Safe haven currencies held modest gains as emerging markets turn lower in risk-off mode amid concern on trade tensions. This is based on a report that the Trump administration […]
Equity Forecast For Dow, S&P 500, DAX, FTSE And Nikkei
Equities Talking Points: What Would Impact S&P 500 and Dollar More: Emerging Market Crisis or Eased Trade War? Dow Tests Short-Term Support as Month-End Nears. NOT A SUMMER FOR LULLS, BUT WE NEAR THE END NONETHELESS US stocks have started to show some element of pullback as we wind down the week, and this […]
Forex Forecast: Pairs In Focus – Sunday, September 2
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 […]
Models’ Updates: Sunday, September 2
Here’s what my various trading models are saying about the U.S. stock market right now. The Medium-Long Term Model states that you should be long stocks right now. We are in a “big rally in a bull market”. The next “big correction” or “bear market” is at least months away. The 17.2% trading model for newsletter subscribers states that […]
Toward ‘America First’ NAFTA
Despite the Trump administration’s frantic last-minute efforts to hammer the NAFTA agreement, the attempt failed within the US timeline, so the talks continue. Why is the revised deal so important to the White House? Last Friday, the trade talks between the United States and Canada broke off without an agreement. The negotiations on the revised […]
E Investors In Emerging Markets Worry As The Contagion Spreads
It began with Turkey and now it has started to spread as emerging market currencies tumbled last week. The markets were rattled yet again as the Turkish lira, the Argentine peso, the Indonesian rupiah and the Indian rupee all fell to recent lows. The negative sentiment is weighing on other Asian currencies and investors are […]
Is The Strengthening Of British Pound Temporary? ETF In Focus
The British pound touched its highest level since Aug 3 as an official from the European Union indicated progress in the Brexit deal. Sterling rose 1.2% on Aug 29, its biggest rise in the past two months. There has been a deadlock between the Britain Government and the European Union Member states on the issue […]
Erdogan Vows To Abandon Dollar, “Doesn’t Need Permission” To Buy Russian Missiles
Another day, another angry rant by Turkish President Recep Tayyip Erdogan aimed at the US, who on Sunday vowed Ankara would abandon the dollar in transactions with Russia and other countries, accusing the US of behaving like “wild wolves.” “America behaves like wild wolves. Don’t believe them,” Erdogan told a business forum during the Turkey-Kyrgyzstan […]
