Category Archive: Finance, No picture
Asia-Pacific Calendar: The Week Ahead – Thursday, Nov. 8
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 12.
The Tax Cuts And Jobs Act, One Year Later
The Tax Cuts and Jobs Act was signed into law by President Trump less than a little less than year ago, on December 22, 2017. What are the likely benefits and costs associated with the legislation? The Fall 2018 issue of the Journal of Economic Perspectives (where I work as Managing Editor) includes a two-paper […]
How Italy Leaves The Eurozone, Step By Step
Earlier today, Italy told the EU where to go with it budget demands. Expect the EU to huff and puff. The EU demands Italy do something about its buildup of debt. In response, Italy dismisses ‘implausible’ EU forecasts, says budget is sound. “There are no grounds for questioning the soundness and the sustainability of our reforms,” […]
AUD/USD Price Outlook: Aussie Breakout Stalls Ahead Of Resistance
The Australian Dollar is up nearly 4% off the yearly lows with the rally breaking through yearly down-trend resistance this week. Here are the updated targets and invalidation levels that matter on the AUD/USD charts this week. AUD/USD DAILY PRICE CHART Technical Outlook: In my latest AUD/USD Weekly Technical Outlook we highlighted a multi-month resistance slope in price with our ‘bottom line’ […]
The Philly Fed ADS Business Conditions Index Update – Thursday, Nov. 8
Note: We’ve updated our periodic look at the Philly Fed ADS Index today’s release, which includes unemployment claims through November 3. The Philly Fed’s Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relatively little known real-time indicator of business conditions for the U.S. economy, not just the Third Federal Reserve District, […]
Homebuilding Stocks Continue To Plummet. Here’s How To Short Them
Housing is an issue for all of us – as investors, and as ordinary people in need of a roof over our heads. As investors, there’s always lots of housing news toward the end of the month. The NAR releases its “pending” and “existing” home sales reports, which include sales volume and prices. The Commerce […]
FOMC Preview: Wait-And-See Mode To Keep EUR/USD Afloat
The Federal Open Market Committee (FOMC) interest rate decision may yield a limited reaction as the central bank is widely expected to keep the benchmark interest rate in its current threshold of 2.00% to 2.25%. The Federal Reserve may stick to the current script and refrain from altering the monetary policy outlook amid mixed data […]
US Stocks Enjoy Highest Post-Midterm Gains Since 1982: 5 Picks
On Nov 7, Wall Street posted its biggest gains after a midterm election since 1982. As was widely expected, Republicans held on to their Senate majority, even extending it by a slim margin. Meanwhile, Democrats gained a majority in the House of Representatives for the first time in a decade. A large swathe of market […]
High Yield Dividend Champion Portfolio November Update
The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. The goal is to capture quality high yield stocks with a history of raising dividends. The screening process for this portfolio starts with the “Dividend Champions” as compiled by DRIP Investing. The list is comprised of stocks that have increased their dividend payout for […]
Monster Beverage Slides As It Fights To Stop Potential Coca-Cola Competition
Shares of Monster Beverage (MNST) are sliding following the company’s quarterly report, along with which the company revealed an energy drink dispute with Coca-Cola (KO). This morning, Morgan Stanley analyst Dara Mohsenian downgraded Monster to Equal Weight, citing possible Coke competition, while his peer at Stifel reiterated a Buy rating on the stock and recommended […]
