LaFargeHolcim Cements The Future
The basic materials sector includes thirteen industries all related to mining, making and delivering essential commodities.The industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals and minerals; paper; silver; specialty chemicals; steel. Today I’ll review a building materials manufacturer, LafargeHolcim Limited. It’s trading ticker symbol is HCMLY. LafargeHolcim Ltd as a building […]
E The British Economy Sped Up In The Fourth Quarter, But The Outlook For 2018 Is Still Somewhat Chancy
The British economy seemed to accelerate in the fourth quarter of 2017, suggesting that perhaps the Brexit issue was not weighing as heavily on the economy as once feared. In all of 2017, Britain’s real GDP rose 1.8% compared to 1.9% in 2016. Real GDP rose 0.5% in Q4, which was a very fast rate […]
EUR/USD: Announcement Of US Import Tariffs Boosts The Euro
On Thursday the 1st of March, trading on the euro/dollar closed up. The pair dropped to the 157th degree at 1.2155 on the back of a rising dollar. From there, the euro rebounded to reach 1.2273, marking a rise of 118 pips. The US dollar and US stock markets have taken a big hit from this announcement […]
Stocks, S&P Futures Plunge After Trump-Kuroda Double Whammy
As if markets did not have enough to worry about with this weekend’s Italian election and SPD “grand coalition” referendum, overnight stocks were slammed by growing worries of global trade war as well as a warning from BOJ governor Kuroda that Japan’s QE may be coming to an end. As noted earlier, Kuroda hint that the […]
USD/JPY Downtrend Continues After Breaking Support And Completing Wave-4
USD/JPY 4 hour The USD/JPY completed a wave 4 (blue) and is confirming a wave 5 (blue) pattern with its bearish break below the support trend lines (dotted blue). A bearish continuation towards the 105 round level now seems likely. 1 hour The USD/JPY could be building bearish wave 3 (green) pattern. EUR/USD 4 hour […]
Global Payments Upgraded To Overweight From Neutral At Piper Jaffray
Piper Jaffray analyst Jason Deleeuw upgraded Global Payments to Overweight and raised his price target for the shares to $131 from $121. The stock closed yesterday down $1.95 to $111.45. The integrated payments channel in the merchant processing space is undergoing a “profound shift” with software solutions gaining power as omnichannel payments and business solutions […]
Foolishness Of Trump’s Steel Tariffs In One Image
Trump hopes tariffs will bring back steel manufacturing jobs. It won’t happen. Trump wants to save steel-related jobs. Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy with countries from around the world. We must not let our country, companies and workers be taken advantage […]
Oil Market Fears: War, Default And Nuclear Weapons
The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing regions, aggravating risks for […]
Socialism – A Guaranteed Route To Hyperinflation
Gold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money which has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature’s money which means it cannot be destroyed […]
WTI Crude Oil And Natural Gas Forecast – Friday, March 2
WTI Crude Oil The WTI Crude Oil market has gone back and forth during the session on Thursday, but most importantly, we have seen support just above the $60 level. The resulting candle is a bit of a hammer, and if we can break above the top of this hammer, the market could go to […]
