Category Archive: Finance, No picture
Capital Markets Review & Commentary: Earnings Growth Trumps Trade Conflict
Exceptional earnings growth trumped ongoing trade conflict, propelling stocks higher for July. With 80% of companies reporting, Q2 S&P 500 earnings growth is trending toward 24%, according to Factset. While part of this is due to tax reform, the results are truly impressive and it should be no surprise they are driving equity prices higher. […]
Beware Of A False Breakout As EUR/USD Rises After Weak German Data
Germany is the largest economy in Europe, with a GDP of more than $3.4 trillion. The country’s GDP is 21% of the entire GDP of the European Union. It is closely followed by the United Kingdom and France whose GDP is equal to 15% and 11% of the EU respectively. Therefore, it is easy to […]
Q2 Earnings Drive Pharma ETFs Higher
Total earnings for 83.5% of the total healthcare market capitalization are up 13.7% on revenue growth of 7.8%. The growth rates seem unimpressive when compared with some of the other sectors. Earnings and revenue beat ratios of 91.9% and 83.8%, respectively, are also not great either. Among the most notable players, Johnson & Johnson (JNJ – Free Report) was […]
Serious Decline
Bitcoin is depreciating. This might be just the turnaround you have been waiting for. But is there really enough weight behind the short-term action to pummel Bitcoin lower? A startup backed by Starbucks, Microsoft and a couple of other companies is said to potentially pave the way for the Bitcoin ETF. In an article on […]
Gold Carves Narrowing Range Following Failed Run At July 2017 Low
GOLD TALKING POINTS Gold prices are trading in a narrow range following the failed attempt to test the July 2017-low ($1207), but the broader outlook remains tilted to the downside as the precious metal continues to track the bearish trend from earlier this year. GOLD CARVES NARROWING RANGE FOLLOWING FAILED RUN AT JULY 2017 LOW The […]
Thinking “Out Of The Box” To Invest And Survive In The Next Recession
Exploit “Income Inequality” to Beat the Next Recession Exploiting the growing income gap between the rich and the poor—and the very demise of the middle class—might be another strategy to prepare for the next stock market crash and recession. It may be unorthodox (and certainly politically incorrect) to consider investing in companies that derive profits […]
E Forex Analysis Of USD/JPY For Tuesday, August 7
First, we look into the previous day trade and what happened on August 6, 2018, and the USD/JPY pair opened at 111.214 and went high at 111.518 and gone low 111.144 and finally closed at 111.386. The calculated pivot point for the day is 111.349. The difference between high and low was nearly 0.374 points […]
E Forex Analysis Of GBP/USD For Tuesday, August 7
First, we look into the previous day trade and what happened on August 6, 2018, and the GBP/USD pair opened at 1.30047 and went high at 1.30060 and gone to low at 1.29193 and finally closed at 1.29423. The calculated pivot point for the day is 1.29766. The difference between high and low was nearly […]
Sensex Ends Marginally Lower; Metal Stocks Witness Buying
Indian share markets continued to witness volatility during the closing hours of the trading session and ended the day on a flat note. Gains were largely seen in the consumer durables sector and metal sector, while energy stocks and telecom stocks witnessed selling pressure. At the closing bell, the BSE Sensex stood lower by 26 points (down 0.1%) and the NSE Nifty closed higher by 2 points. […]
E Forex Analysis Of EUR/USD For Tuesday, August 7
First, we look into the previous day trade and what happened on August 6, 2018, and the EUR/USD pair opened at 1.15675 and went high at 1.15702 and gone to low at 1.15293 and finally closed at 1.15524. The calculated pivot point for the day is 1.15506. The difference between high and low was 40 […]
