Morning Call For Wednesday, March 14
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM18 +0.29%) this morning are up +0.23% and European stocks are up +0.19% as strength in Chinese factory output bolsters confidence in the global economic outlook. May COMEX copper (HGK18 +1.24%) is up +1.07% at a 1-week high and is lifting mining stocks and raw-material producers after China Feb industrial […]
EUR/USD: Growth Stutters At The Trend Line
Previous: On Tuesday the 13th of March, trading on the EUR/USD pair closed up. The single currency made gains of 0.47% against the greenback to reach 1.2389. Volatility was high during the US session. This surge in volatility was down to both US inflation data and news that Donald Trump fired Rex Tillerson from the post […]
Futures Rebound Sharply Despite Ongoing Trump Cabinet, Trade War Turmoil
After two consecutive days of failed S&P ignition attempts, in which US stocks opened sharply higher only to close near the lows, on Wednesday the algos will try for the third consecutive time to escape the recent late-day selloff funk. S&P futures are higher after declining on Tuesday following a fresh personnel shakeup in the […]
Sensex Finishes Flat; Yes Bank Rises 2%
Indian share markets recovered in the afternoon session to finish marginally lower amid mixed international markets. At the closing bell, the BSE Sensex closed lower by 21 points and the NSE Nifty finished lower by 16 points. The S&P BSE Mid Cap finished up by 0.3% while S&P BSE Small Cap finished up by 0.1%. Losses were largely seen in realty stocks, oil & gas stocks and metal […]
Artesan Partners Manages Investments Worldwide
The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing an asset management outfit, a mid-cap stock, Artisan Partners Asset Management, Inc. It’s trading ticker symbol is APAM. Artisan Partners Asset Management Inc is […]
Stocks To Trade: GLW SSNC GTN
Wednesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Corning (GLW) Long SS & C Technologies (SSNC) Short Gray Television (GTN)
Trade War Fears Heat Up As Trump Eyes China
U.S. President Donald Trump is mulling the possibility of tariffs on up to $60 billion on 100 products of Chinese imports in the telecommunications and technology sectors. The proposed tariffs are based upon findings from an investigation by U.S. Trade Representative Robert Lighthizer which was formed to determine whether China’s practices are discriminatory or restrictive […]
Long-Term Care: The New Retirement Crisis
The retirement funding crisis that the boomers are facing is a walk in the park compared with the long-term care (LTC) crisis that is creeping up on us. The joke in our house is that when the boss – my better half – got an LTC policy and we added up the cost, I got […]
GBP/USD Key Bullish Breakout Must Stay Above 1.39
GBP/USD 4 hour The GBP/USD has broken above the long-term resistance trend line (dotted red), which makes a bullish continuation likely within wave 5 (blue). Price will need to stay above the support trend lines (blue) otherwise the uptrend is in danger. 1 hour The GBP/USD is showing strong bullish momentum, which is typical for […]
Goldilocks Markets
Traditional Markets In this graph, we can see the reaction from the Dow Jones to the rapid succession of announcements. In the currency markets, things were more unidirectional. Both the CPI announcement and the Sec State’s sacking were seen as Dollar negative. What was interesting about this sell-off, in particular, is that there was that there […]
