Category Archive: Finance, No picture
Trump, Treasurys, And You
The thing about politics is nobody knows anything. We learned that in November 2016. There’s a particularly high degree of “know-nothingness” in Washington these days. That creates a lot of uncertainty. Markets are reacting to it… and that’s really good news for us, actually, because it makes our work that much easier. I don’t much care […]
Play 4 Asian Funds On North Korea’s Denuclearization
The resolve to improve mutual relationship between North Korea and its southern counterpart took a step further on Sep 19. Leaders from North and South Korea finally agreed on denuclearizing North Korea in an accord. Further, the Asia Development Bank remains upbeat about the outlook for Asia’s economy through 2019. Additionally, the Bank of Japan […]
Under Armour Rises After Announcing 3% Cut To Global Workforce
Shares of Under Armour (UA, UAA) are rising after the company provided an update on its restructuring plan and announced a roughly 3% cut to its workforce. RESTRUCTURING PLAN: On Thursday, Under Armour announced an update to its 2018 restructuring plan and an approximately 3% cut to its global workforce. Previously, the company expected to […]
5 Top Bank Stocks To Buy On Surging Bond Yields
Bond yields rose on Sep 19, extending the week’s climb, as investors took escalating trade related tensions in stride, and focused more on solid economic data and promising corporate outlook. The yield on the 10-year Treasury note, a benchmark for interest rates, has hit a four-month high. The Federal Reserve, in fact, has stepped up […]
E EUR/AUD Is Trading Bullish – Elliott Wave Analysis
EUR/AUD is in strong uptrend from June 2018 low which now looks more and more like an impulse in progress so we can expect market to unfold a five-wave move from 1.5280 area especially if we consider that market is breaking above former blue wave 3 highs, so there is a chance that blue wave […]
Hong Kong And The Road To Recovery
We are following the road to perdition There is increasing awareness that another financial crisis is in the offing, and, of course, everyone has an opinion as to what will trigger it and what form it will take. But there is broad agreement that since the Lehman crisis ten years ago, instead of resolving the […]
Existing Home Sales Flat Following Four-Month Decline
“It was a disappointment, but at least it wasn’t a loss. Existing home sales were expected to increase in August.” Mortgage News Daily reports Existing Home Sales Level Out After Long Decline. It was a disappointment, but at least it wasn’t a loss. Existing home sales, which were expected to increase in August after four straight […]
EUR/USD Price Outlook: Euro Break Out Eyes July Highs
Euro has rallied nearly 4% off the yearly lows with the advance now approaching the July highs. While the broader risk remains weighted to the topside, we’re looking for a near-term pullback to offer favorable entries. Here are the updated targets and invalidation levels that matter on the EUR/USD charts this week. EUR/USD DAILY PRICE CHART Technical […]
Top-Ranked Sector ETFs & Stocks To Buy Now
Even though escalating trade fears unnerved investors in recent months, the U.S. stock market is still hovering near record highs. This is especially true as the latest round of levies from both the United States and China have come in lower than expected and resulted in a market rally. Trump has imposed tariffs of 10% […]
The US Current Account: Goods Are Bad & Ugly
The US current account deficit may seem fantastically large, with over $100bn in payments flowing out of the US relative to inbound payments each quarter, but that works out to less than 2% of GDP at an annual rate; during the last economic expansion, that deficit was as large as 6.3% of GDP. The US […]
