Category Archive: Finance, No picture
USDCAD Daily Analysis – August 24, 2018
USDCAD broke above 1.3057 resistance, suggesting that the downside move from 1.3174 had completed at 1.2986 already. Further rally would likely be seen in a couple of days and next target would be at 1.3170 area. Support is at 1.3035, only a breakdown below this level could bring the price back towards 1.2961 previous low.
Indian Indices Trade Marginally Lower; Bank Stocks Witness Selling
Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the banking sector and healthcare sector witnessing maximum selling pressure. The BSE Sensex is trading down by 121 points (down 0.3%), while the NSE Nifty is trading down by 33 points (down 0.3%). The BSE Mid Cap index is trading down by 0.5%, while the BSE Small […]
Next Up: Global Synchronized Easing
Global economic tightening is a pipe dream. It hasn’t happened yet, and likely won’t. Bloomberg writer Komal Sri-Kumar says, and I agree, Don’t be Surprised by a Switch Global Synchronized Easing. Global investors are positioned for a coordinated tightening of monetary policy by the world’s major central banks. Although the U.S. Federal Reserve is already far […]
Gold, Crude Oil Prices May Weaken Further On Hawkish Powell Speech
Commodity prices turned lower Thursday following the prior sessions’ gains as a recovery in the US Dollar pressured assets denominated in terms of the benchmark unit (as expected). Perennially anti-fiat gold prices appeared to reflect the currency’s recovery most directly while crude oil prices merely stalled having expected Wednesday. GOLD, CRUDE OIL PRICES AT RISK ON HAWKISH POWELL SPEECH The greenback advanced alongside two-year […]
AUDUSD Daily Analysis – Friday, August 24
AUDUSD’s downside movement from 0.7381 extended to as low as 0.7237. Deeper decline to test 0.7202 support is still possible after a minor consolidation. Resistance is at 0.7310, only a break of this level could bring the price back towards 0.7380.
Sensex Opens Flat; FMCG & Bank Stocks Underperform
Asian stock markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.4% while the Hang Seng is down 0.7%. The Shanghai Composite is trading down by 0.3%. Meanwhile, Wall Street’s major indices fell on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United […]
Four Different Styles Used For Trading Stocks
While many investors try to emulate “buy and hold” investors like Warren Buffett, not everyone has the conviction or the patience to wait out positions over years or decades. For active investors in the market, it’s pretty common to see switching in and out of positions – sometimes over the course of months to years, and […]
John Law – 300 Years On
Most people are aware that historically there have been speculative bubbles. Some of them can even name a few – the South Sea bubble, tulips, and more recently dot-coms. Some historians can go even further, quoting the famous account by Charles Mackay of the South Sea bubble, the tulip mania and the Mississippi bubble, published […]
Buybacks – Boosting Returns Or Liquidating Companies?
Asset manager Cliff Asness recently wrote an op-ed piece in the Wall Street Journal wondering if those who decried companies buying back their stock didn’t suffer from “buyback derangement syndrome.” Asness allowed that net investment, normalized by total assets or total market capitalization, was recently lower for companies in the Russell 3000 Index than it was in the 1990s, “but positive […]
