Category Archive: Finance, No picture
Valero Refines And Markets Oil, Gas, & Ethanol
Today I’m reviewing a large-cap oil & gas refining & marketing firm by the name of Valero Energy Corporation. Its trading ticker symbol is VLO. Valero Energy Corp, as a petroleum refining and marketing company, produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products as well as a spate of premium […]
USDCAD Daily Analysis – Friday, August 10
USDCAD is now in the downtrend from 1.3119. Further decline could be expected and a breakdown below 1.2961 support could take the price into 1.2850 zone. Resistance is at 1.3119, only a break of this level could bring the price back towards 1.3200.
Indian Indices Trade Marginally Lower; Precious Metal Stocks Witness Selling
Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the metal sector and power sector witnessing maximum selling pressure. The BSE Sensex is trading down by 104 points (down 0.3%), while the NSE Nifty is trading down by 27 points (down 0.2%). The BSE Mid Cap index is trading down by 0.2%, while the BSE Small […]
Crude Oil And Gold Price Moves May Hinge On US, Japan Trade Talks
Crude oil prices attempted a tepid recovery yesterday following the prior session’s brutal sell-off. The move higher was swiftly aborted however as worrying geopolitical news flow – notably from Russia and Turkey – triggered a selloff in emerging market assets and broadly soured investors’ mood. The sentiment-sensitive WTI benchmark retreated from intraday highs to close with a narrow loss. […]
AUDUSD Daily Analysis – Friday, August 10
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall to test 0.7310 would likely be seen in the coming days, a breakdown below this level could trigger further downside movement towards 0.7200 area. Resistance is at 0.7400, only break above this level could bring the price back towards 0.7483 […]
Sensex Opens Lower; Jet Airways Slumps On Deferment Of Q1 Results
Asian stock markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.6% while the Hang Seng is down 0.5%. The Shanghai Composite is trading down by 0.1%. Meanwhile, the S&P 500 and Dow ended down slightly on Thursday as gains in Apple and Amazon were offset by losses in energy and financial shares. Back home, India share markets have […]
How To Invest In Bonds: Taking Control And Avoiding The Fees
Although the bond market in the U.S. is more than twice the size of the stock market, many individuals are not familiar with investing in bonds. Those that are familiar with it often opt to invest in bond funds, but unfortunately, this usually results in incurring commission charges and ongoing annual fees that can be […]
“Mr. Practical” On Leverage, Options, And Derivative-Fueled Crashes
A Minyanville friend, “Mr. Practical”, pinged me with his thoughts on leverage derivative-fueled market crashes. Image from the Guardian article: Mathematical Equation that Caused the Banks to Crash. Leverage, Options, and Derivative-Fueled Crashes by Mr. Practical Option contracts have been around since antiquity, ever since someone said, “if you do this, then I will do that”. […]
Trading Conventional Thought For An Edge
At the core of any successful trading and investing strategy is an edge. Few traders and investors ever attain the significant market edge they desire and there is a simple reason for this. Most new market speculators begin their quest for edge building information and education on the internet. They naturally are drawn to websites with […]
Tesla Board Confirms It Never Saw LBO “Financing Plan” From Musk
Three days into the Tesla “going private” saga, everyone continues to scramble for more information on the biggest wildcard in the entire equation: the “committed funding” as represented by Elon Musk: shareholders are asking where it is; bankers – i.e., those who should have arranged it – are asking where it is; even the SEC is asking […]
