Bullish Sentiment Crashes
It looks like all of the negative talk from some high profile investors in recent days has made its way into the heads of individual investors, causing them to turn increasingly bearish on equities. According to this week’s sentiment survey from AAII, bullish sentiment crashed from 45.1% down to 29.35%. That’s the largest one-week decline since April […]
U.S. Telecom: Competition In Wireless Market To Intensify
The U.S. telecom market continues to witness intense pricing competition, as success to a great extent depends on technical superiority, quality of services and scalability. Additionally, the U.S. wireless industry is likely to become competitive in 2018 with the entry of cable MSOs (multi-service operators) in this space. Entry of New Players in the Wireless […]
EUR/USD Churn Continues As Shooting Star Shows: A Bullish And A Bearish Case
In yesterday’s article, we looked at the recent surge in the Euro while asking the key question: Are Euro Bears Done? After opening this week in the midst of its weakest run of price action since November of last year, EUR/USD carried the potential for a deeper bearish move as 2017 gains were further digested. When the ECB extended […]
From Unicorn To Unicorpse: Blue Apron Tanks Under Public Scrutiny
Meal-kit delivery service Blue Apron (APRN) may have boasted about knowing the recipe to success once upon a time. But the market scrutiny that accompanies a public listing hasn’t done the company any favors. The New York-based company began trading on the NYSE earlier this summer. In less than six months, the valuation of the […]
Norway’s $1 Trillion Wealth Fund Suddenly Considers Dumping $35 Billion Of Oil And Gas Stocks
One of the world’s largest sovereign wealth funds, and one which ironically amassed the overwhelming majority of their wealth via rich oil reserves, is now looking to sell off some $35 billion worth of energy stocks. According to central bank Deputy Governor Egil Matsen, the move is intended simply to “spread the risks for the […]
Korea Continues To Be The Most Attractive Market In Asia
Video Length: 00:03:47 Four Pillars of GDP: Mainly driven by private consumption Korea’s GDP grows at relatively pace. Private consumption and investments have been the main contributors to GDP growth, while net exports have been a big drag. Massive earnings growth expected in Korea in 2017 Analysts’ estimates for 2017CE* EPS growth are way above […]
Canadian ADP Report Shows A Drop Of 5.7k Jobs
Canada’s manufacturing sales rose by 0.5%, beating expectations. Foreign securities purchases also came out better than expected at 16.81 billion. USD/CAD is falling to 1.2748. This is also due to the series of disappointments in US data. Everything is pushing USD/CAD lower. Update: the ADP NFP came out and it shows a drop of 5.7K jobs in […]
Ethereum Price Update For November 2017
The price of Ethereum has stabilized in recent weeks after Ethereum crashed in September. Since Ethereum recovered mid-September it has been trading in a narrow range between $280 and $330. Note that InvestingHaven’s research team observed that the Ethereum price remained bullish after Byzantium, an important event that Ethereum was able to ‘surive’. This week, we see the first […]
Your Oil And Gas Stocks Just Got Some Really Bad News Out Of Norway
Well, watch your oil and gas stocks on Thursday because there is some “big league” news out of Norway this morning. We’ve spilled all kinds of digital ink this year discussing the country’s mammoth SWF, which manages some $1 trillion and owns 1% of global equities. As oil prices declined, Norway began to take money […]
Pound Struggles For Traction After Data
The Pound Sterling experienced only a small improvement after today’s release of unexpectedly upbeat retail sales figures. Retail sales for October, both on an annual as well as a quarterly basis, beat analysts’ forecasts; however, FX traders appeared to read between the lines at the otherwise dismal data and largely ignored the numbers. Yesterday, the […]
