Category Archive: Finance, No picture
USDCAD Daily Analysis – Thursday, Oct. 18
USDCAD broke above 1.3000 resistance, suggesting that the falling from 1.3071 had completed at 1.2915 already. Further rise could be expected and a break of 1.3071 resistance could take the price to 1.3150 area. Support is at 1.3000, a breakdown below this level could bring the price back into 1.2950 zone.
AUDUSD Daily Analysis – Thursday, Oct. 18
AUDUSD failed to break below 0.7095 support, suggesting that the pair remains in the uptrend from 0.7041. Further rally could be expected and next target would be at 0.7200 area. Key support is at 0.7095, only a breakdown below this level could signal completion of the uptrend.
Problems In Third World Countries To Ignite Gold Prices
SBTV’s latest guest is Jayant Bhandari of Anarcho Capital. He brings a fresh perspective to the US trade war with China and insights on the performance of gold in the Third World from the lens of other currencies. Although there is a lot of focus on the US economy as a trigger for the next […]
The Three Largest Cryptocurrencies – Update
With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
The Rally Presents This Trade Opportunity
The Fed notes came out today and say they’re going to continue to gradually raise rates. In tonight’s video newsletter we look at the importance of bonds and how they will impact the stock market. Don’t miss these trading opportunities… Running length 00:13:36
September 2018 FOMC Meeting Minutes: Many Nuggets Of New Thoughts
The September 26, 2018 meeting statement presented the actions taken. This post covers the economic discussion during this FOMC meeting between the members (minutes were released today). An interesting quote: … Participants noted a number of favorable economic factors that were supporting above-trend GDP growth; these included strong labor market conditions, stimulative federal tax and spending policies, accommodative […]
Alcoa Announces $200 Million Stock Buyback
CNBC’s Kate Rogers reports that Alcoa announced a $200 million stock buyback.
Canada Welcomes Cannabis Legalization With Sell-Off In Cannabis Stocks
Today is D-Day in Canada when it comes to their cannabis legalization. It’s the first day that Canada allows, legally, to consume recreational marijuana. As per our Cannabis Stocks in Canada Forecast for 2019 the sector would get a serious boost in 2019, with one favorite cannabis stock we featured in our Emerald Health Therapeutics Stock Forecast for […]
