Category Archive: Finance, No picture
Will AmTrust CS Dividend Survive Enstar Merger?
This week I’m seeking a prestigious and long-term dividend paying stock from the financial services sector. Financial Services includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns. Today I’m reviewing a mid-cap insurance – property & casualty firm named AmTrust […]
GBPUSD Weekly Analysis – Sunday, Oct. 7
GBPUSD remains in the uptrend from 1.2661; the pullback from 1.3298 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and the next target would be at the 1.3500 area. Near term support is at 1.2910, followed by 1.1850, only a break below these levels could signal completion of the […]
A Look At The Mortgage Market
This week the Dow Jones on Tuesday and Wednesday closed at all-time highs. That makes four new BEV Zeros in the BEV chart below in the past ten trading days, and that’s something I can’t complain about. If you compare the four all-time highs of last January in the daily bar chart below, with the […]
Are Bonds Setting A Trap?
The easiest way for U.S. bond markets to entice investors to abandon their obsession with a flattening yield curve—and whether it’ll soon invert—always was to steepen it. The spreads between 5y/10y and two-year yields have widened to 17bp and 30bp, respectively, about 10bp wider than at the end of August. More importantly, this move has […]
Weekly Economic And Political Timeline – Sunday, October 7
This week is likely to be dull, as there is very little important data scheduled for release compared to a typical agenda. There will be some key data concerning the U.S. Dollar and the British Pound. The market is likely to be most active on Thursday. Monday is a public holiday in the U.S.A., Japan, and […]
USDCAD Weekly Analysis – Sunday, Oct. 7
USDCAD extended its downside movement from 1.3385 to as low as 1.2782, breaking below 1.2887 support. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and the next target would be at the 1.2650 area. Only a clear break above the […]
Unemployment Rates By Occupation
For nearly two decades, there has been little change in the relative likelihood of unemployment in various industries. The lead chart is courtesy of the St Louis Fed study on Unemployment Rates by Occupation. This FRED graph shows the unemployment rates for various occupations. What’s striking is that, over the 18-year sample period, the ordering […]
Forex Forecast: Pairs In Focus – Sunday, Oct. 7
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
The Long (Bond) Goodbye
Global equities got smoked this week except for Brazil which jumped on news that a right-wing populist will most likely be the next president. The NASDAQ 100 dropped -2.89% and the IWM swooned -3.79%. October is generally a decent month regarding historical returns for stocks, although occasionally October is famous for some exceptions named after […]
5 Top Stocks To Gain From Multi-Year High Bond Yields
A selloff in treasuries extended into the second day on Oct. 3 after investors’ appetite for riskier assets improved following stronger domestic economic data and reports on easing fears of a clash over finances between the EU and Italy. As treasury prices fell sharply, the 10-year Treasury note hit a multi-year high. Financials rallied on […]
