Category Archive: Finance, No picture
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 […]
Whatever It Takes
“At the end fiat money returns to its inner value—zero.” – Voltaire “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.” – Mario Draghi July 26, 2012 On July 26, 2012, European Central Bank (ECB) President Mario Draghi essentially guaranteed the ECB would […]
July Jobs Report: Booming Jobs Market, And A Surge In Participation Continues To Depress Wage Growth
HEADLINES: +157,000 jobs added U3 unemployment rate down -0.1% from 4.0% to 3.9% U6 underemployment rate down -0.3% from 7.8% to 7.5% (new expansion low) Here are the headlines on wages and the broader measures of underemployment: Wages and participation rates Not in Labor Force, but Want a Job Now: down -95,000 from 5.258 million […]
Sensex, Nifty Close At Record Highs; Banking Stocks Witness Buying
Indian share markets continued their momentum during closing hours of trade and ended the day on a positive note. Gains were largely seen in the energy sector, telecom sector and banking sector. Both, the Senses and Nifty, ended their day at record closing highs. At the closing bell, the BSE Sensex stood higher by 222 points (up 0.6%) and the NSE Nifty closed higher […]
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 […]
