Category Archive: Finance, No picture
Back When Things Happened In August
Financial markets today look just how you would expect them to look on a hot sunny day in August. There’s not a lot going on. Take economic data, for example. We’re already three days into the trading week and the only reports of note so far have been JOLTs (which really isn’t really a market-moving report) and Consumer […]
Drugmakers Fall After CMS Unveils Changes To Medicare Part B Plans
On Tuesday, the Centers for Medicare and Medicaid Services gave new authority to Medicare Advantage plans that allows those plans to negotiate lower drug prices. The policy will also allow Medicare Advantage plans to cross-manage across Part B and Part D as applicable. Publicly traded drugmakers that may be impacted by the news include Regeneron […]
NZD/USD Testing Daily And Weekly Range Low Near 0.6700 Ahead Of RBNZ
Falling in the awkward post-US, pre-Asian session, the Reserve Bank of New Zealand will deliver its quarterly monetary policy statement in just a few hours (21:00 GMT). While the release is functionally equivalent to the Fed’s “live” quarterly meetings when it delivers updated assessments on the economy, the primary difference is that the RBNZ is […]
4 Tech Mutual Funds To Buy On Apple’s Strong Earnings
The tech sector has performed favorably in recent times on the back of encouraging earnings results. Tech behemoth Apple Inc. (AAPL – Free Report) witnessed strong performance on the back of robust fiscal third-quarter earnings results. Higher iPhone average selling price boosted revenues for the quarter and eventually earnings. Following these promising trends, investing in technology mutual […]
Twilio Stock Popped, Is It Too Late To Jump Onboard?
With the recent hard times, both Facebook and Twitter shareholders have faced, it might be an odd time to discuss another technology company, Twilio (Nasdaq: TWLO). I’ll be honest, up until a few days ago, I was unaware of who Twilio was. It was only after digging in to learn more about the company did I […]
Weekly Technical Perspective On The New Zealand Dollar (NZD/USD) – Wednesday, August 8
Updated weekly technicals for NZD/USD- price range in focus just above critical support 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. The New Zealand Dollar is trading just above a critical support zone heading into tonight’s RBNZ interest rate decision- here are […]
Tesla Is Going Private – A Message To Shorts
Elon Musk has hinted at a $420/share go-private offer for Tesla, which would mark the end of an era for Tesla stock. We show how short arguments have evolved since 2013 from the lack of appeal of electric vehicles, to the structurally-unprofitable nature of the business model and potential demand weakness owed to impending competition […]
6 Tech Stocks Poised To Smash Estimates This Earnings Season
The earnings season is drawing to a close with 381 S&P 500 members or 82.7% of the index’s total market capitalization having reported quarterly results, per the latest Earnings Outlook. Total earnings of these companies are up 25% on a year-over-year basis on 10.4% higher revenues. Technology is one of the 14 sectors anticipated to report […]
Downside GBP/USD Targets Remain On Radar Ahead Of Adjusted U.K. GDP
BRITISH POUND TALKING POINTS The British Pound remains under pressure as Bank of England (BoE) officials strike a cautious tone after raising the benchmark interest rate earlier this month, and recent developments in GBP/USD keeps the downside targets on the radar as the bearish momentum appears to be picking up. DOWNSIDE GBP/USD TARGETS REMAIN ON RADAR AHEAD […]
E Forex Analysis Of USD/JPY For Wednesday, August 8
First, we look into the previous day trade and what happened on August 7, 2018, and the USD/JPY pair opened at 111.391 and went high at 111.470 and gone low 110.997 and finally closed at 111.369. The calculated pivot point for the day is 111.278. The difference between high and low was nearly 0.473 points […]
