Category Archive: Finance, No picture
E The Bank Of Canada Holds Out For A ‘Neutral’ Rate Of Interest
Increasingly, we are hearing central bankers yearn for a ‘neutral ‘policy rate as they pursue a path of rate hikes. Earlier this month, Federal Reserve Chairman Powell said his central bank is a ‘long way’ from reaching a neutral Fed funds rate. Today, the Governing Council of the Bank of Canada ‘agrees that the policy […]
Fool’s Mission: Repercussions Mount But Trade War Really Just Starting
Despite mounting repercussions of Trump’s misguided trade war, insiders suggest the trade wars are just starting. Axios has an estimation of Trump’s trade war that I agree with: Trump Wants China to Suffer More. The following is written in Guest Post fashion. President Trump has no intention of easing his tariffs on China, according to three sources […]
Tesla Soars On “Historic” Results: Revenue, Earnings, Free Cash Flow Soar
Amid feverish leaks, trial balloons and media reports that Tesla will finally report a profit as production of the Model 3 electric sedan finally took off, following efforts to minimize spending and maximize revenue, coupled with an ongoing mass exodus of senior executives, and Elon Musk’s promise (first made in May) to be cash flow […]
GBP/JPY Price Outlook: Bears Pound Support To Fresh Lows
The British Pound has plummeted more than 3% from the monthly highs against the Japanese Yen with GBP/JPY probing fresh seven-week lows today. There may be some recovery form levels just lower but the risk remains lower while below the weekly open. Here are the updated targets and invalidation levels that matter on the GBP/JPY charts. GBP/JPY WEEKLY PRICE CHART Technical Outlook: Last week […]
Reviewing The Catalysts Of Stock Market Volatility
On average there are 3.3 five percent corrections per year. 2017 was an odd year with record low volatility where there weren’t any corrections as stocks went up in almost a straight line. 2018 has been a return to the average as there have been 3 corrections so far. If you’re a long-term investor, it’s not a […]
More Than 3/4 Of S&P 500 Stocks Already In Correction Mode
Andy’s Notes: We continue to be bombarded with questions regarding stock market action over the past few weeks. Is just a long, long overdue correction, is it the start of a bear market, is it 2008 all over again, has the US’ ballooning external debt finally hit a critical limit? Opinions vary greatly on the […]
Weekly Heating Oil Prices – Wednesday, Oct. 24
We’ve used data from the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $3.37, up a penny from last week and up 8 cents […]
Thud! Sept New Home Sales Plunge 5.5% From Dramatically Revised Lower August
The housing data today is downright miserable. Sales plunged a whopping 5.5% from a dramatically revised lower August. August new home sales were originally reported at 629,000 units at a Seasonally Adjusted Annualized Rate (SAAR). Today the New Residential Sales report shows August at 585,000 units and September at 553,000. Before diving into the dismal numbers, recall […]
Must-See Chart On Sector Rotation: From Broad Markets To Precious Metals Stocks
As some start fearing the stock market crash of 2018 is underway we recommend to stay rational and only focus on the facts. As the 40-year bond bull market is coming to an end we start seeing sector rotation taking place. This article visualizes our point in a way we could have never have explained. Interestingly the first trend […]
