Category Archive: Finance, No picture
Best Stock Charts: Facebook Stock Chart Analysis
In best stock charts this week we discuss the signals by the market which are major breakdowns in large cap stocks such as Facebook (FB), Deutsche Bank (DB) and General Electric (GE). We review the stock charts of these names and discuss if they will proceed lower. Video length: 00:15:11 Symbols Are Reviewed In The […]
The EU Summit Approves Brexit, But The Pound Has Three Reasons To Suffer
The EU approved the Brexit deal at the special EU Summit. The agreement was priced in, but the hurdles to pass it in Parliament are harder. GBP/USD could remain under immense pressure. The special summit of the European Union on Brexit ended with an approval of the deal that sets the path for the divorce between the […]
EUR/USD Weekly Analysis – Sunday, Nov. 25
EUR/USD remains in the downtrend from 1.1815; the bounce from 1.1215 is likely consolidation for the downtrend. As long as 1.1500 key resistance holds, the downside movement could be expected to continue and the next target would be at the 1.1100 area. Only a breakout of 1.1500 resistance would indicate that the downside movement had […]
U.S. Growth Slowing In 2019 Q1 And Recession In 2019 Second Half Says Harbinger Capital Markets
David Prince of Harbinger Capital Markets Research talks with BNN/Bloomberg’s Greg Bonnell about world markets in the following two videos, which aired on November 23…he’s standing by his call for U.S. growth to slow in 2019 Q1 and for a recession in the second half of 2019. This ties in with my posts pertaining to world market chaos, […]
SPX Resumes Decline
VIX advanced during the short holiday week, making a new high and higher low, closing above its weekly Cycle Top at 20.63. Note the Head & Shoulders formation which may give it more impetus in the next week. VIX is also positioned for a triply-indicated surge of strength through mid-December. (Bloomberg) An aggressive implied […]
New Low In Store?
Last week, SPX declined over 100 points to a new closing low and is ready to challenge its intra-day low of 2604. DJIA matched it with a loss of 1127 points for the week. But NDX was the worst performer, dropping 340 points for a new correction low. SPX is approaching a support level just […]
Black Friday Shoppers Return, Profits Another Matter
Black Friday crowds return to their favorite spots, but many chains are squeezed by rising costs. The shoppers are back. OK, but what about profits? The Crowds Returned, Retail Profits Didn’t. “It’s a good start to the holiday shopping season,” Macy’s Inc. Chief Executive Jeff Gennette said in an interview Friday. “It started early online and […]
Has This Become A “Short Everything In Sight” Market?
One of the strangest things about this strangest-ever expansion has been the way pretty much everything went up. Stocks, bonds, real estate, art, oil – some of which have historically negative correlations with others — all rose more-or-less in lockstep. And within asset classes, the big names behaved the same way, rising regardless of their […]
Forex Forecast: Pairs In Focus – Sunday, Nov. 25
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 […]
A Rising Money Supply Doesn’t Necessarily Lead To Rising Prices
According to many mainstream economists, a lack of good correlation between the monetary growth and the growth rate of various price indexes casts doubt on the commonly held view that the key source of inflation is increases in money supply. It is also argued that before the 1990, the relationship between money supply and inflation […]
