Category Archive: Finance, No picture
E AudioCodes’ Voice Over Internet Phone Use Expands With Net Usage
Today I’m reviewing a small-cap communication equipment firm by the name of AudioCodes Ltd. It’s trading ticker symbol is AUDC. AudioCodes Ltd is a Voice-over-IP technology company providing advanced Voice-over-IP, converged VoIP and Data networking products and communications applications for Service Providers and Enterprises. It has offices in more than 20 countries. The company primarily markets […]
The Bullish Case For Gold: Indicators Suggest Gold Has Laid The Groundwork For A Substantial Rally
For those who care about gold such as myself, in the just released CFTC data for the week ended Tuesday, speculators went net short for the first time since December 2001 when gold was priced at $275 an ounce. It’s tough to find a more contrarian indicator. Peter Boockvar “They run all away, and cry, […]
USD/CAD Outlook Mired With Mixed Signals Ahead Of Canada CPI
USD/CAD holds a narrow range going into the end of the week, but updates to Canada’s Consumer Price Index (CPI) may fuel the recent rebound in the exchange rate as the headline reading for inflation is expected to hold steady at 2.5% per annum in July. USD/CAD OUTLOOK MIRED WITH MIXED SIGNALS AHEAD OF CANADA CPI […]
Week In Review: Shanghai ChemPartner, A China CRO/CMO, Completes Reverse Merger
Shanghai ChemPartner, a CRO/CMO, closed its reverse merger with Quantum Hi-Tech China Biological (SZE: 300149) for a combination of cash and stock (see story). ChemPartner said it will have easier access to additional capital as a listed entity. Quantum makes probiotics for packaged foods, and its operations will remain separate from ChemPartner’s. The merger was first […]
Greenback’s Momentum Stalls
A week ago we were concerned that the dollar’s surge had left it over-extended from a technical perspective and most of the major pairs, but the yen and Canadian dollar were outside their Bollinger Bands. We cautioned against chasing it, but the dollar’s surge continued. It peaked in the middle of the week and stalled. We […]
Large Specs Net Short Gold First Time Since 2001: Buckle Up!
Large specs are net short gold but commercials are still slightly short because small specs are long enough. Futures Only Gold Futures Positioning Net Spec Short Position For those gold watchers such as myself, the net spec position in gold for the week ended Tuesday went NET short for the 1st time since December 2001 […]
Fidelity Favorites For Safe Returns
Even the casual observer of bond funds knows that 2018 has so far been tough on the wallet. On several occasions, the yield on the bellwether 10-year Treasury has briefly breached 3%. However, the yield curve has been flattening because the Fed has been busy raising short-term interest rates. It’s already done so twice this […]
Abolish Quarterly Reporting? What A Bad Idea
A bad idea made the rounds on Friday and it emanated from the source of all bad ideas: Donald Trump’s Twitter feed. “In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S.”, Trump tweeted at 7:30 in the morning, describing […]
Understanding Crypto Market Psychology And Buying Low
Long-term readers know I’m cautious about calling a crypto market bottom. The market is still up big from one year ago, and these things tend to overshoot up and down. But… I’m starting to see signs of “capitulation.” Capitulation occurs when the last big batch of “fence sitters” finally surrender and sell. Markets are ultimately […]
