Category Archive: Finance, No picture
Indian Indices Open On A Positive Note; Sensex Up Over 200 Points
Asian shares are trading on a positive note today. The Nikkei 225 is up 0.9%, while the Hang Seng is up 0.8%. The Shanghai Composite is trading down by 0.1%. Back home, India share markets opened the day on a positive note. The BSE Sensex is trading up by 213 points (up 0.6%) while the NSE Nifty is trading up by 74 points (up 0.7%). The BSE […]
Higher Grain And Soybean Crops, But US Stocks Changes Limited
Market Analysis The USDA stunned the markets again this month with a higher-than-expected US corn yield and world wheat crop on their September update. Instead of a modest decline in the US average yield given the recent slippage in crop ratings, corn’s yield rose by 2.9 bu. to 181.3 bu. Similarly, after numerous wheat crop […]
The Major Factors Driving The USD
Raghee Horner, Futures and Currency Expert over at Simply Trading is becoming a regular guest on the show thanks to her level-headed commentary. She very much is a generalist investor who lets the big picture dictate her outlooks for markets. In this segment we discuss the main drivers for the US Dollar and why she […]
The Market Throws A Whang-Doodle
Coming into today, Semiconductors (SMH) entered an unconfirmed distribution phase. Early on, SMH went into a bullish phase. Yet it could not hold above the 50 DMA, so it wound up closing green but in an unconfirmed warning phase (above the 200 but below the 50 DMA). Meanwhile, the S&P 500, cleared the overhead fast […]
Top 5 Charts Of The Week – Thursday, Sept. 13
This week: Global equities country breadth – clear underlying weakness (outside of the US markets) Policy uncertainty vs market volatility – the gap may soon close as global policy winds change Trends in global equity volatility – looks like we’ve seen a cycle bottom in implied volatility A risk warning in the German DAX – […]
Bitcoin Price Nightmares: Silk Road, OTC Transactions To Blame For Volatility?
Bitcoin’s price plummeted by over 10 percent on Thursday after a previously promising rally past the $7,000 price mark. The brief price spike led many bitcoin enthusiasts to speculate that BTC would build out a higher support. Many also saw it as a testament to the market’s resistance against recent negative industry events, including bitcoin ETF […]
Watch These Important Levels In Leading Financial Stocks
The constant battle between Financials and Tech stocks for market leadership continues with most financial stocks slipping lower today to key support levels. In tonight’s video, I walk you through the broader XLF then pinpoints key levels in leading stocks such as WFT, JPM, GS, and V and ends with a comparison of what’s happening […]
US Budget Deficit Nearly Doubles In August: Treasury Dept Cites Holiday Schedule
A Treasury report shows the budget deficit exploded higher in August. The Treasury blames a holiday calendar. The Monthly Treasury Report does not look pretty. The US government ran a $214 billion budget deficit in August of 2018 compared with a $107.7 billion budget deficit in August 2017. The report shows a 30% rise in outlays. Monthly […]
4 Insurance Bets For Safe Returns Amid Hurricane Concern
Hurricane Florence brings back memories of last year’s devastation when a host of hurricanes wreaked havoc in parts of the United States. A hurricane season typically starts in June and lasts through November during a year, gathering strength in August and September. Colorado State University has predicted a below-normal season this year with a total […]
JPMorgan Warns Q3 Revenue Will Be Down From A Year Ago
With less than three weeks to go until the end of the quarter, the profit warnings are starting to emerge, and today none other than JPMorgan warned that its Q3 trading revenue would be down compared to 2017. Speaking at a New York conference, CFO Marianne Lake said that “our markets revenues will be down […]
