Category Archive: Finance, No picture
E Forex Analysis Of EUR/USD For Wednesday, August 8
First, we look into the previous day trade and what happened on August 7, 2018, and the EUR/USD pair opened at 1.15525 and went high at 1.16056 and gone to low at 1.15496 and finally closed at 1.15973. The calculated pivot point for the day is 1.15841. The difference between high and low was 56 […]
BTC/USD Forex Signal – Wednesday, August 8
Yesterday’s signals were not triggered, as there has not been sufficiently bullish price action at either of the support levels which were reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered between 8am London time and 5pm Tokyo time, during the next 24-hour period. Long Trade Go long after a bullish price […]
E Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure
<< Read More: Tesla’s Cobalt Blues; Spin, Fake News Or Deception? In its Q2-18 shareholder letter, Tesla predicted that beginning in Q3-18 it will, absent a severe force majeure or recession, achieve sustained quarterly profits with continued rapid growth. In Tesla’s Q2-18 conference call, Elon Musk predicted profits and positive cash-flow for every future quarter, unless […]
Buying Call Options – Defining Risk, Optimizing Time Value And Realizing Gains
Introduction: Options can provide an alternative approach to the traditional buy and hold strategy. Buying call options can add value to one’s portfolio via leveraging a small amount of cash while defining risk with unlimited upside potential. Simply put, buying a call option is bullish in nature as the buyer is positioning the trade with […]
Nifty Hits Fresh Record High; Sensex Up Over 200 Points
After opening the day marginally higher, stock markets in India witnessed buying interest and went on to scale their record-high levels. Sectoral indices are trading on a positive note with stocks in the energy sector and consumer durables sector witnessing maximum buying interest. The BSE Sensex is trading up 202 points (up 0.5%). The NSE Nifty hit a new record high of 11,446 and is […]
The Fantasy Of “Balanced Returns” Funding Retirement
Consider how a “balanced portfolio” yielding “balanced returns” worked out for middle-class retirees in Venezuela. The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted as a sure thing: inflation will stay near-zero essentially forever, assets such as stocks and bonds will continue yielding hefty […]
USDCAD Daily Analysis – Wednesday, August 8
USDCAD broke above 1.3039 resistance. Further rally is still possible and next target would be at 1.3096 key resistance, a breakout of this level would indicate that the downside movement from 1.3289 had completed at 1.2961 already, then next target would be at 1.3150 area. Support is at 1.2961, only a breakdown below this level […]
Top 5 Charts Of The Week – Wednesday, August 8
This week: Extremes in speculative futures positioning in stocks vs bonds USD becoming a crowded trade and what this means for the outlook EM risk pricing relief rally drivers and why it’s likely to be short-lived Active vs passive fund flows and the new zero fee passive fund from Fidelity Japanese government bond yields going to […]
Consumer Credit Up 3.1%, Revolving Credit Unexpectedly Declines
After a blistering May, revolving credit fell 0.2% in June as overall credit continued its upward march. Bloomberg reports Consumer Credit in U.S. Rose Less Than Estimated in June. I prefer to go straight to the source. The Fed G.19 Report shows consumer credit rose 3.1% in June, with nonrevolving credit up 4.4% and revolving credit down 0.2%. […]
The Door Is Open
During the decade of the seventies, there was an opening. The Bretton Woods system had largely failed in 1960, but gold exchange lingered onward until August of 1971. Long before President Nixon acted in defaulting on US obligations, however, global currency liquidity had increasingly been supplied through other means. Those “other” means was an offshore […]
