Category Archive: Finance, No picture
Consider These 3 Mid-Cap Growth Mutual Funds For Steady Gains
Investors interested in high returns can choose mid-cap funds that bear lesser risk than small-cap funds. Mid-cap funds are not susceptible to gyrations in the broader market. This makes these funds ideal bets given the erratic macroeconomic conditions in recent years. Also, when capital appreciation over the long term takes precedence over dividend payouts, growth […]
E Black Friday
“I see a red door and want to paint it black” – Rolling Stones In many ways, today is the key for understanding how the 2018 year will end. Not just because of retail spending in the US, but also because of the binary nature of the present market set up. Things are either black or […]
Morning Call For Friday, Nov 23
Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.45%) this morning are down -0.50% at a 3-1/2 week low as energy stocks tumble with Jan WTI crude oil prices (CLF19 -4.52%) down sharply by -4.28% at a 13-month low on signs of oversupply. Saudi Energy Minister Khalid Al-Falih said Saudi Arabia is producing in excess of 10.7 […]
Markets: Friday
Overview: The US dollar is firmer against most of the major currencies. Japanese and Indian markets were closed for holidays and a weaker than expected flash EMU PMI helped keep the euro pinned near this week’s lows. Although the EU seemed to thrown UK’s embattled May a lifeline with some compromise wording in a draft declaration, […]
Bitcoin Daily Forecast
BTC/USD Bitcoin did almost nothing during the trading session on Thursday, not much of a surprise considering that the market is probably a bit exhausted from breaking through massive support, and of course, the Thanksgiving Day holiday was going on in the United States. Regardless, it’s obvious that breaking through the $5000 level is a […]
How Will The Rollback Of Dodd-Frank Affect Gold?
In May, President Trump signed the rewrite of the 2010 Dodd-Frank law passed earlier by Congress with rare bipartisan support. The bill is the biggest rollback of bank rules since the financial crisis. According to the new law, lenders with less than $10 billion in assets will be exempted from the Volcker rule that bans […]
USD/CAD Daily Analysis – Friday, Nov. 23
USD/CAD is facing the channel support once again. A breakdown below the channel support would indicate that the upside movement from 1.2782 had completed at 1.3317 already, then further decline towards 1.2950 area could be seen. On the upside, as long as the channel support holds, the uptrend could be expected to resume and another […]
EUR/USD The Red On Black Friday, Blame Germany
EUR/USD slips below 1.1400 on weak German data and loses uptrend support Positive tones around Brexit, Italy, and China help. Holidays and a global shopping spree could lower liquidity. EUR/USD is below 1.1400, falling off the narrow range. Germany’s Purchasing Managers’ Indices missed, with Manufacturing dropping to 51.6 points, only slightly above the 50-point threshold that separates expansion […]
Stock Market Seasonality
Everything in this world has cycles, including the stock market. Stock market seasonality is when the stock market tends to perform better during certain times of the year and tends to perform worse during certain times of the year (from a probability perspective). Whether or not you recognize it, you’ve probably heard about the stock […]
Holiday Trading Can’t Stop Oil’s Decline
Even thin trading due to the Thanksgiving holiday weekend in the United States couldn’t prevent oil prices from dropping to 2018 lows on Friday. As of 2:03 p.m. HK/SIN, U.S. WTI futures were down 2.58 percent to $53.22 per barrel. Brent crude futures were down 1.25 percent to $61.82 per barrel. Brent had fallen to […]
