Category Archive: Finance, No picture
Your Semi-Annual Golden Week Reminder
It’s that time of year. September, the leaves start to turn and the air grows crisp. Autumn smells arrive; the Chinese prepare for their nationalist Golden Week. Ever since 2014 and the dollar’s rise, that is, eurodollar tightening especially in Asia, these holiday bottlenecks are never boring. To be shut down for an entire week […]
Fed Preview: Near-Term Path Set In Stone, All Eyes On 2019 And Beyond
It’s a testament to the success of the Federal Reserve’s post-crisis “Communication-as-a-Policy-Tool” philosophy that investors have “known” the outcome of this week’s Fed meeting (and likely the November and December Fed meetings as well) for weeks already. It’s essentially a certainty that the central bank will raise interest rates by 25bps at the conclusion of […]
Weekly Technical Perspective On The Crude Oil Prices (WTI)
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Crude oil has rallied more than 11% off the August lows with prices now approaching topside resistance targets. Here are the key targets & invalidation levels that matter on the Crude Oil weekly chart. CRUDE OIL […]
Oversold Gold Likely To Continue The Upward Trend
In January, the XAU/USD pair was at 1,310. The price moved up to a YTD high of 1,366 and then started moving lower. In August, it reached a YTD low of 1,160 and then started to move up. Today, the XAU/USD pair reached a high of 1,200. At the same time, the dollar index started […]
BTC/USD Forex Signal – Tuesday, Sept. 25
Last Thursday’s signals gave losing trades at both $6,443 and $6,569 – both levels acted as resistance, but the trades did not advance far enough into profit to break even. However, I did take a bullish bias above the first resistance level. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be taken until 5pm […]
FHFA House Price Index: Up 0.2 Percent In July
The Federal Housing Finance Agency (FHFA) has released its U.S. House Price Index (HPI) for June. Here is the opening of the report: Washington, DC – U.S. house prices rose in July, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The […]
Jefferies Calls Amazon Undervalued, Says Shares Can Hit $3,000 By 2020
Jefferies analyst Brent Thill raised his price target for Amazon.com (AMZN) to $2,350 from $2,185 while publishing a 45-page deep dive on the company. A sum-of-the-parts analysis suggests greater than 50% upside to potential value of $3,000 by 2020, Thill tells investors in a research note. The stock closed yesterday up $19.35, or 1%, to […]
EUR/USD, GBP/USD Bounce From Chart Support Ahead Of FOMC
FOMC KICKS OFF TODAY, SEPTEMBER RATE DECISION ANNOUNCED AT 2PM TOMORROW Today marks the start of the two-day meeting in Washington DC in which the Federal Reserve will decide upon the September interest rate decision at the bank. It doesn’t even really appear as though there are many decisions to be made here, as markets have carried […]
Will Gold Prices Soar After March 2019?
After the Salzburg summit, the prospects of the Brexit deal are gloomy as never before. Will gold gain on failed talks between the EU and the UK? Cake Philosophy and Gold The Salzburg summit was held last week. It was an informal summit of heads of the EU member states or governments. The participants discussed […]
E The Benefits Of Individual Stock Picking Versus Index Investing
When it comes to saving for retirement, investors have several choices with regards as to how they decide to invest their capital. They can choose to put their retirement money into an index or mutual fund or pick individual stocks. Advocates of both types often of investment styles will tell you that their strategy is […]
