Category Archive: Finance, No picture
World Markets Update – Monday, Nov. 19
Two of eight indexes on our world watch list have posted gains through Monday, November 19, 2018. The top performer this year is India’s BSE SENSEX with a gain of 5.80%. In second is our own S&P 500 with a gain of 0.64%. In third is Tokyo’s Nikkei 225 with a loss of 4.15%. Coming […]
Crude Oil Prices Eye JODI Data, Gold May Fall On Fed-Speak
Crude oil prices edged higher for a third consecutive day Friday, extending a tepid recovery after the largest one-day drop in two years put the exclamation point on the longest run of consecutive losses on record. The bounce has been nominally linked to speculation about an OPEC-led production cut next year, although it isn’t clear that a correction would not […]
Is The Municipal Bond Market Sleepy?! Pension Doomsday?
Today’s municipal bond market is anything but “sleepy,” as Spencer Jakab characterized it in his Wall Street Journal article “Prophet of Muni Market Doom Wasn’t Wrong, Just Early” (10/26/2018). The Prophet of Doom he referred to was Meredith Whitney, who shortly before the financial crisis successfully predicted the damage to Citibank by bad mortgages. In 2010, on 60 Minutes, she contended […]
Bullish Sentiment Increases On EUR/USD
MyFXspot.com trading strategies: EUR/USD Trading strategy: Buy Open: 1.1360 Target: – Stop-loss: 1.1285 Recommended size: 2.00 mini lots per $10,000 in your account Short analysis: Bull sentiment increases as a new short-term high is set. Rising RSIs and holds above the 10- and 21-day MAs bolster bull sentiment. We look to buy a dip toward […]
Bitcoin Plunges Below $5,000 As A Battle Over Bitcoin Cash Erupts
A Bitcoin Cash battle has engulfed the entire crypto sector. Ethereum project developer, William Entriken, explains. Bitcoin Cash Battle: Bitcoin Jesus vs Satoshi’s Vision The battle over Bitcoin cash is getting very expensive. Escalating feuds have hit the entire crypto sector. Cointelegraph reports Opposing Bitcoin ABC and Bitcoin SV Factions’ Debates Grow Heated as the Bitcoin […]
Global Yield Curve Inversion Spells Doom For The Economy
Global Yield Curve – Stocks Continue To Rebound On Friday Stocks rallied slightly on Friday. S&P 500 and the Russell 2000 both increased 0.22%. This latest weakness in FAANG and Nvidia crashing 18.8% was from weak guidance. The 0.15% decline in the Nasdaq was impressive. CNN Fear and Greed index was steady at 10 which […]
Asia-Pacific Calendar: The Week Ahead – November 19 – 23
By Steven Levine Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the Asia-Pacific region in the week beginning November 19.
EUR/USD Weekly Technical Outlook: Euro Reversal Rips Into Resistance
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Euro has rallied more than 2% against the US Dollar since the monthly/yearly lows registered last week with the advance now targeting the first test of resistance. Here are the key targets & invalidation […]
