Category Archive: Finance, No picture
7 Leveraged/Inverse ETFs Off To A Strong Start In October
Thanks to heightened volatility and uncertainty, the leveraged and inverse leveraged space has grabbed investors’ attention at the start of October. This is because investors grabbed products in this space to magnify returns on quick market turns. While the dual tailwinds of strong corporate earnings and a booming economy will likely keep the positive momentum […]
What To Expect For Q3 Retail Earnings
A discussion on the Q3 earnings season that is set to kick off with the banks this Friday, with rising rates, trade wars and wage pressures all expected to be front and center on earnings calls. Retailers in focus for this season are Amazon, Wal-Mart and Target, all of which have promising reports ahead. Audio Length: 00:48:25
Italian Stocks On Precipice Of Bear Market As Tria Fails To Put Out Fire
Italian Finance Minister Giovanni Tria is an unenviable position. He tried to convince Deputy PMs Matteo Salvini and Luigi Di Maio to respect E.U. budget concerns when setting fiscal targets, but they didn’t listen. So here we are, two weeks after Italy’s dynamic deputy duo decided on a 2.4% deficit target for 2019, and Italian assets are a […]
Some Weird Action In GDX
David Erfle, Founder and Editor of The Junior Miner Junky shares some of his thoughts on the weird action in GDX over the past couple of days. With gold down, yesterday GDX managed to get a buy throughout the day but today is a different story. We also look at a couple of stocks that […]
AUD/USD: The FX Market’s Cleanest Trend Keeps Trending
For bears, AUD/USD is the gift that keeps giving. “The Cleanest Trend in the FX Market,” as we’ve been calling the pair in our trade recommendations for months now, hit a 20-month low earlier this week. Imagine: a trader who went short the pair at its peak above 0.8100 in late January and then went […]
Secular Trends In Employment: Goods Producing Versus Services Providing – Tuesday, Oct. 9
The Department of Labor has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are categorized in either Service-Providing Industries or Goods Producing Industries. The adjacent chart illustrates the ratio of the two since 1939. The latest monthly employment report showed a gain of 134K nonfarm payrolls, […]
The Phillips Curve Myth
It is a well-known belief that by means of monetary policy, the central bank can influence the rate of real economic expansion. It is also held that this influence, however, carries a price, which manifests itself in terms of inflation. For instance, if the goal is to reach a faster economic growth rate and a […]
US Unemployment Continues To Fall
The official level of unemployment for September in the USA has fallen to 3.7%, a level not seen for 49 years, since the time of the Hippies in 1969. The official unemployed figure, it must be recalled, relates to the number of people registered as unemployed and actively seeking work. Many economists regard an unemployment […]
A Wonderful Day For Reversal Traders In US Markets
A real game of two halves today in the US day trading session with the risk off sentiment expressed in the first half, duly replaced with a return to risk on, as the major US indices and exchanges reversed all the losses of the first part of the session to close near or above the […]
3 Best JP Morgan Mutual Funds To Buy
JPMorgan is one of the best financial management companies in the world. It has a legacy of investment management since 1865. The company pioneered innovative, inflation-protected municipal products. J.P. Morgan managed $1.68 trillion of assets as of Mar 31, 2018. The fund family has offices in more than 30 countries. Also, JPMorgan is one of […]
