Category Archive: Finance, No picture
Weekly Technical Perspective On The New Zealand Dollar (NZD/USD) – Wednesday, August 8
Updated weekly technicals for NZD/USD- price range in focus just above critical support 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. The New Zealand Dollar is trading just above a critical support zone heading into tonight’s RBNZ interest rate decision- here are […]
Tesla Is Going Private – A Message To Shorts
Elon Musk has hinted at a $420/share go-private offer for Tesla, which would mark the end of an era for Tesla stock. We show how short arguments have evolved since 2013 from the lack of appeal of electric vehicles, to the structurally-unprofitable nature of the business model and potential demand weakness owed to impending competition […]
6 Tech Stocks Poised To Smash Estimates This Earnings Season
The earnings season is drawing to a close with 381 S&P 500 members or 82.7% of the index’s total market capitalization having reported quarterly results, per the latest Earnings Outlook. Total earnings of these companies are up 25% on a year-over-year basis on 10.4% higher revenues. Technology is one of the 14 sectors anticipated to report […]
Downside GBP/USD Targets Remain On Radar Ahead Of Adjusted U.K. GDP
BRITISH POUND TALKING POINTS The British Pound remains under pressure as Bank of England (BoE) officials strike a cautious tone after raising the benchmark interest rate earlier this month, and recent developments in GBP/USD keeps the downside targets on the radar as the bearish momentum appears to be picking up. DOWNSIDE GBP/USD TARGETS REMAIN ON RADAR AHEAD […]
E Forex Analysis Of USD/JPY For Wednesday, August 8
First, we look into the previous day trade and what happened on August 7, 2018, and the USD/JPY pair opened at 111.391 and went high at 111.470 and gone low 110.997 and finally closed at 111.369. The calculated pivot point for the day is 111.278. The difference between high and low was nearly 0.473 points […]
5 Earnings Charts To Watch This Week – Wednesday, August 8
Video Length: 00:04:30 The FAANG stocks have all reported earnings but that doesn’t mean that earnings season is over. Far from it. This week, there are over 900 companies reporting, including many small and mid-cap names. These are companies you know, and may even own, across a wide range of industries including retail, pharmaceuticals, technology, […]
E EURUSD Turning Lower; USDCAD Into A Correction
EURUSD is slowly turning to the downside, away from 1.1628 area, where sub-wave c) of a bigger correction might have ended. If current decline drops even further and breaks below the 1.1549 level then this would confirm a bearish continuation to 1.1490 and below. However, a new rally above the 1.1628 level would suggest a […]
E Forex Analysis Of GBP/USD For Wednesday, August 8
First, we look into the previous day trade and what happened on August 7, 2018, and the GBP/USD pair opened at 1.29421 and went high at 1.29728 and gone to low at 1.29230 and finally closed at 1.29375. The calculated pivot point for the day is 1.29444. The difference between high and low was nearly […]
DXY Index Holds Ground Beneath Resistance Despite New Tariffs
The US Dollar (via the DXY Index) has thus far failed to breakout of its consolidation to fresh yearly highs, and the news flow through the first half of the week has been less than helpful in getting us there. The latest impediment came in the form of new retaliatory tariffs from China, announced within the last […]
Trump Tariffs Crush Small Businesses: “We Are At The Limit”, Optimism Sinks
Small businesses, unable to make operational changes, are “at the Limit” of what they can take from Trump’s tariffs. Small businesses lack the wiggle room to absorb cost increases or shift production, and many are reevaluating plans and strategies: ‘We Are at the Limit’ say business owners. M2S Bikes, an electric-bike startup, planned to build itself a […]
