Category Archive: Finance, No picture
China Increases Its Tariff Rate To 25%
The S&P 500 was down 0.75 of one point as all the major indexes were flat on Wednesday. This is a continuation of the extremely low volatility we have seen this summer as the VIX was down 0.73% to 10.85. The Nasdaq was up 0.06% which was enough to extend its winning streak to 7 […]
GBP/USD Price Analysis: British Pound Testing Downtrend Support
GBP/USD testing structural support ahead of key event risk- updated intraday trading levels The British Pound has been in free-fall for the past few days with the price down more than 2% since the start of August trade. While the immediate threat remains weighted to the downside, the decline is now approaching long-term structural support with key UK […]
Wholesale Trade Inventories Inch Up In June, May Revised Lower: What About Q3?
Wholesale trade inventories in June Rose 0.1%, but May was revised from +06% to +0.3%. It’s August but we are still discussing second-quarter data. That’s how lagging some of these Census Bureau reports are. Will there be an inventory build in the third quarter? More importantly, will consumer spending be strong enough to support a build. […]
5 Stocks To Buy As New Analysts Show Interest
Coverage initiation by an analyst(s) on a stock inevitably leads to increased investor enthusiasm. This is because investors assume that there is something in the stock that has attracted analyst attention. In other words, they assume that the company coming under the microscope definitely has some value. Why do analysts initiate coverage? Of course, stocks […]
Looking Under The Hood, We Find…
(Audio length 00:58:48) Smoke and mirrors? The world of finance is built on mutual agreements quantified by digitized records representing the full faith and credit of someone, whether an individual or a country. Not gold, not silver, not paper. Ellen’s guest, Dr. Robert Hockett, says its time to create a 21st-century banking architecture capable of […]
How We’re Allocating To Japan Today
Since WisdomTree’s inception in 2006, Japan has been one of our areas of focus. Two of our original 20 fund launches were Japan exchange-traded funds (ETFs), and we were the first company to offer currency hedging in Japan in an ETF wrapper. Japan continues to be an area we’re passionate about—particularly as it pertains to currency […]
On Semiconductor, Seagate Cut To Sell As Analysts Fear Semi Cycle Peak
This morning, Morgan Stanley analyst Joseph Moore downgraded his semiconductor industry view to Cautious as he believes elevated inventory levels and stretched lead times leave “no margin for error,” while his colleague Craig Hettenbach cut On Semiconductor’s (ON) rating to Sell given the cyclical risks. Voicing similar concerns, Goldman Sachs analyst Mark Delaney downgraded Seagate […]
Bearish NZD/USD Trend Continues To Materialize On Dovish RBNZ
NEW ZEALAND DOLLAR TALKING POINTS NZD/USD tumbles to fresh 2018 lows as the Reserve Bank of New Zealand (RBNZ) casts a dovish outlook for monetary policy, and the exchange rate stands at risk of extending the decline from the earlier this year as it snaps the range-bound price action carried over from the previous month. BEARISH […]
Update On Owens & Minor Inc.: An Undervalued Speculation Or A Value Trap?
Introduction Owens & Minor Inc. reported earnings yesterday and simultaneously revised their 2018 earnings outlook lower. As fate would have it, I produced an article and a video where I highlighted 12 undervalued dividend growth research candidates which included Owens & Minor. When I produced the video, the FAST Graph fundamentals analyzer software tool was […]
E Forex Analysis Of USD/JPY For Thursday, August 9
First, we look into the previous day trade and what happened on August 8, 2018, and it opened at 111.369 and the USD/JPY pair went high at 111.430 and gone low 110.829 and finally closed at 110.976. The calculated pivot point for the day is 111.278. The difference between high and low was nearly 0.601 […]
