Category Archive: Finance, No picture
Buy These 3 Franklin Templeton Funds For Striking Gains
With around $737.5 billion assets under management as of Mar 31, 2018, Franklin Templeton Investments is a well-known global investment management firm. The company offers investment management strategies and integrated risk-management solutions to individuals, institutions, pension plans, trusts, and partnerships. Founded in 1947, Franklin Templeton Investments prides itself in offering “exceptional asset management” to its […]
E Markets: Uneven
Driving requires a good road and a good operator. Trading requires a good market and balanced risk-takers. There is an interesting divergence in moods for business and consumers around the world. The compare and contrast clearly helps to explain why the USD, US rates and US stock market has a different momentum and trajectory for […]
Tesla Downgraded To Neutral From Buy At Nomura Instinet
Nomura Instinet analyst Romit Shah downgraded Tesla (TSLA) to Neutral from Buy and cut his price target for the shares to $300 from $400. The electric carmaker closed yesterday up $22.26, or 8.5%, to $285.50. In a research note titled “No Longer Investable,” Shah expresses concern that the “erratic behavior” of CEO Elon Musk will […]
Morning Call For Tuesday, Sept. 11
Overnight Markets And News Sep E-mini S&Ps (ESU18 -0.31%) this morning are down -0.20% and European stocks are down -0.37% on global trade concerns after Reuters reported that China asked the World Trade Organization (WTO) for authorization to impose trade sanctions on the U.S. Losses in European stocks were contained after the German ZEW economic confidence […]
Emerging Market Currencies Falling: These ETFs Are Still Hot
The MSCI Emerging Markets Currency Index — a basket of currencies that tracks the country allocations in the emerging market (EM) index — is down nearly 9% from this year’s high on Apr 3. However, the slide has not taken the sheen away from the emerging market ETFs. This is especially true as iShares Core MSCI […]
Sensex Slumps 500 Points; Rupee Continues To Slide
After opening the day marginally lower, share markets in India witnessed negative trading activity throughout the day and ended the day in red. All sectoral indices traded in red, with stocks in the metal sector and stocks in the auto sector, leading the losses. At the closing bell, the BSE Sensex stood lower by 509 points (down 1.3%) and the NSE Nifty closed down by […]
Renesas Acquires Integrated Device Technology For $49 Per Share Or $6.7B
Renesas Electronics (RNECY) and Integrated Device Technology (IDTI) announced they have signed a definitive agreement under which Renesas will acquire IDT for $49.00 per share in an all-cash transaction representing an equity value of approximately $6.7B. The stock closed yesterday down 58c to $42.08. Closing of the transaction is expected to occur in the first […]
The Downside For Oil Is Limited
More than two weeks of nearly uninterrupted price gains for crude oil ended this week, with the rally running out of steam. The question is what happens next? Oil prices posted steep losses just as the bulls were back on the march. WTI briefly topped $70 per barrel in recent days and Brent was flirting […]
USD/CAD Weekly Analysis – Tuesday, Sept. 11
USD/CAD remains in the uptrend from 1.2887, the pullback from 1.3226 is likely consolidation for the uptrend. Deeper decline is still possible and the target would be at 1.3000. However, as long as 1.3000 support holds, the uptrend could be expected to resume and one more rise towards 1.3350 is still possible after the consolidation.
Natural Gas Is Already A Bridge Fuel
Those who wish to debate whether natural gas should be a bridge between a coal-fired past and a renewable future are missing the point. It is already serving as that bridge. Many environmentalists are staunchly against the idea that natural gas can act as a bridge fuel to a renewable future. Actor Mark Ruffalo echoed the […]
