Geodrill – Good Figures Once Again
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Another drilling company, Geodrill (OTCMKTS: GDLLF), released very good 3Q 2017 figures. To remind my readers, Geodrill is a mineral drilling company operating in Western Africa only (Ghana, Burkina Faso etc.). In 3Q 2017 […]
Markets Still Not Convinced About Faster Pace Of Rate Hikes From The Fed
Jerome Powell nominated to lead the Federal Reserve for the next five-year term FOMC vacancies exposes more inclination to the hawkish side FOMC doves, Kashkari and Evans expected to make way for hawks, John Williams and Loretta Mester Markets complacent about rate hikes in 2018 Lack of inflationary pressures and subdued wage growth keeps the […]
S&P 500 And Nasdaq 100 Forecast – Friday, Nov. 17
S&P 500 The S&P 500 rallied significantly during the trading session on Thursday but give back some of the gains late in the day. While this is a very bullish move, I believe that we are still a bit overextended. With the massive resistance at the 2600 level above, I hesitate to start buying at […]
EURUSD: Price Pulls Back 61.8% Before Bouncing Off The A-A Channel
Previous: On Thursday the 16th of November, trading on the euro/dollar pair closed down. The rate twice approached the zone of 1.1757 – 1.1759, but failed to break through. News from the US didn’t do sellers any good either. The US House of Representatives yesterday passed a tax reform bill proposed by the Trump administration. Markets […]
Stocks To Trade: BGC, SBUX, MSFT
Friday’s stock picks: Long General Cable (BGC) Long Starbucks (SBUX) Short Microsoft (MSFT)
USDCAD Daily Analysis – Friday, Nov. 17
USDCAD is facing the support of the rising trend line on the 4-hour chart. A clear break below the trend line support could take price to next support level at 1.2666. Below this level could trigger further downside movement towards 1.2570, followed by 1.2433. On the upside, as long as the trend line support holds, […]
Crude Oil Prices May Fall As Gold Gains Amid Risk Aversion
Crude oil and gold prices found little impetus for trend development over the past 24 hours, languishing within familiar congestion ranges. Top-tier scheduled event risk is notably absent through the week-end, hinting that sentiment trends may emerge as the central driver of performance. FTSE 100 and S&P 500 futures are pointing lower, before London and New York come online, hinting at […]
AUD: Breaking Out Of Ranges On Crosses; What’s Next & How To Position?
The Australian dollar slipped a bit lower amid a not-so-great jobs report. What’s next? Here is the view from Nomura: Here is their view, courtesy of eFXnews: Nomura FX Strategy Research discuss AUD outlook, recommending to tactically positioning for further AUD downside against the EUR via an options structure expiring on Dec-21. “AUD continues to fall […]
Top REITs For Beginner Investors
New investors are rarely risk-hungry. Knowing that investment is like educated gambling in that luck can turn bad in a blink, they prefer to take it slow, establish balanced portfolios, and cultivate investments that are easy to liquidate if they get spooked. As a result, few beginner investors put money into real estate properties; most […]
BoE Warns Weekly Fund Redemptions Of 1.3% Would Break Corporate Bond Market
The Bank of England has done some timely and truly eye-opening research into the resilience of corporate bond markets. The research is contained in the Bank of England Financial Stability Paper No.42 and is titled “Simulating stress across the financial system: the resilience of corporate bond markets and the role of investment funds” by Yuliya Baranova, Jamie Coen, […]
