Elevate Credit Trying To Elevate
According to the 2017 Americas Alternative Finance Industry Report, the alternative finance market across the US, Canada, Latin America, and the Caribbean has grown 23% to $35.2 billion in 2016. The market has benefited from the wide options of crowdfunding, marketplace/peer-to-peer (P2P) lending, and other online alternative finance platforms that have emerged in the industry. One such player […]
U.S. Dollar Digs To Deeper Support, EUR/USD Tags Resistance
On Friday, we looked at how this week’s calendar picks up considerably from last week’s quiet outlay, and earlier this morning, my colleague Christopher Vecchio walked through some of the more pivotal high-impact data releases on this week’s docket. These data prints, combined with a few different key Central Banker speeches provide a backdrop with which we […]
GBP/JPY Dropping Below The Trend Line
The GBP/JPY rally and profit taking on short trades that happened on Friday has been negated by an early Monday drop and sell-off. Brexit concerns are still weighing on the pound and investors tend to flee in the JPY safe haven. The GBP/JPY, popular “Dragon” dropped below the trend line and a subsequent retest of […]
High Prices And Zombie Housing
“The inventory coming, but people are buying faster than it can get here,” GLVR President David Tina told Channel 8. “We have 5,000 available houses, but we sell 3,000 a month.” The Business Press backs this up, “By the end of September, GLVAR reported 4,969 single-family homes listed for sale without any sort of offer. That’s down […]
Nikkei – Topping Pattern At Critical Price Point?
The Nikkei 225 now finds itself at its “Half Way” point of the 20-year crash, based upon 1989 highs and 2009 lows. Could it be creating a topping pattern or major reversal at a critical price point? What this important index does at a key price zone could end up impacting stocks in the states and around the world? Below […]
EUR/USD And GBP/USD Forecast – Monday, Nov. 13
EUR/USD The EUR/USD pair initially dipped a bit during the trading session on Friday but found enough strength to turn around and rally a bit. The 1.17 level above was the neckline of the and shoulders pattern on the daily chart, so I think that level should be resistance. We have seen a little bit […]
Yield Curve Blues And Sparks In Oil
The yield curve is flattening and this serves as a warning sign of an upcoming recession. Are the worries justified? We begin with this and continue to the breakout in oil prices. Flattening yield curve: In the past, when long-term yields fell to short-term levels, a recession came. We are seeing some signs of that […]
EC Starbucks Offers Strong Dividend Growth
Starbucks Corporation’s (Nasdaq: SBUX) growth rate might be slowing, but it’s making up for it by shifting its focus toward sending money back to shareholders. With a price-to-earnings ratio of about 29, this stock is on the high end of valuation compared to other stocks I tend to buy, but in my opinion the numbers justify […]
BTC/USD Forex Signal – Monday, Nov. 13
Last Thursday’s signals were not triggered, as $6815.36 was not reached that day. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken between 8am and 5pm New York time today only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch of $5638.48 or $5409.57. […]
Weekly Analysis Of The Nasdaq 100 Futures
Weekly Technical Analysis & Forecast December E-mini Nasdaq-100 Index futures inched higher supported by support in some of the largely portfolios combined with solid earnings last week. While the Index in itself closed a tad bit lower, the divergence in the futures settlement away from the cash close allowed the futures price to stabilize and […]
