Sensex Trades In The Red; Capital Goods Stocks Top Losers
After opening the day on a positive note, Indian share markets witnessed selling pressure and are currently trading in the red. Sectoral indices are trading mixed, with stocks in the capital goods sector and stocks in the consumer durables sector witnessing maximum selling pressure. The BSE Sensex is trading down 83 points (down 0.2%) and the NSE Nifty is trading down 30 points (down 0.3%). […]
Oil Clings To 3-Year High
Oil prices continue to remain high, bolstered by OPEC’s production cuts and a decrease in global inventories. Brent crude futures were trading at $69.16 per barrel, up 0.49 percent, and U.S. WTI futures were up 0.78 percent to $63.45 per barrel at 2:03 p.m. HK/SIN on Wednesday. On Tuesday the American Petroleum Institute divulged that […]
The US Dollar Rose Despite The Fed’s Position
During yesterday’s trading session, the US dollar continued to recoup despite mixed statements of the Federal Reserve System representatives on the prospects for monetary policy. As the FOMC member Kashkari said, the Fed intends to keep interest rates at the previous low level to support the growth of inflation and wages. The US dollar index […]
Gold Update – Half Cycle Low?
Gold will probably trigger another whipsaw back down into its daily cycle low. Video Length: 00:07:57
Market Now Entering Mania Phase, Says Strategist
We’ve witnessed the remarkable stock market performance in the last year and a half, with the Dow Industrials and S&P 500 not experiencing a 3 percent or greater pullback during this parabolic rally. “This has never happened before in history,” Dorsch told Financial Sense Newshour. “There’s virtually no fear in the market for a pullback,” […]
The Fourth Bond Tantrum
US 10-Year Bond Yields have moved through a number of key levels and are on the cusp of a major breakout. Regular readers know by now that I prefer to look at multiple indicators and charts to form a more holistic view on a market, and this time is no different. Following is 4 charts on what […]
Is Stimulus Responsible For The Recent Improved Trends In The U.S. And Japan?
Maybe. Since central banks began their B.S. back in 2001, when the Bank of Japan first began Quantitative Easing efforts, I’ve warned that it wouldn’t be enough… that none of them would be able to commit to the vast sums of money they’d ultimately need to prevent the Economic Winter Season – and its accompanying […]
Five Reasons To Invest In Emerging Equities In 2018
Written by Sammy Suzuki, Laurent Saltiel, Henry S. D’Auria – Alliance Bernstein Emerging-market (EM) equities posted a strong recovery in 2017 after several tough years. But it’s not too late to invest. We think there are still good reasons to add or increase EM exposure in 2018. In 2017, the MSCI Emerging Markets Index advanced by 37.3% […]
Stocks To Trade: CW, MTZ, AAOI
Wednesday’s stock picks: Long Curtiss Wright (CW) Long Mastec (MTZ) Short Applied Optoelectronics (AAOI)
AUDUSD Daily Analysis – Wednesday, Jan 10
AUDUSD broke below the bottom support trend line of the price channel on its 4-hour chart, indicating that the upside movement from 0.7501 had completed at 0.7874 already. Further decline would likely be seen after a minor consolidation and next target would be at 0.7750 area. Near term resistance is at 0.7845, followed by 0.7874, […]
