EUR/USD And GBP/USD Forecast – Monday, Nov. 13

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

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 […]
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                        Starbucks Offers Strong Dividend Growth

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

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 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 […]
Morning Call For Monday, Nov. 13

Morning Call For Monday, Nov. 13

OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 -0.24%) this morning are down -0.15% on long liquidation spurred on by market doubts over the trajectory of U.S. tax reform. European stocks are down -0.37% at a 2-week low after Kepler Cheuvreux downgraded European equities to ‘Underweight’ from perspective of international allocation. Asian stocks settled mostly […]
OPEC Reports 151Kbpd Drop In October Crude Output; Raises Demand Forecast For 2018

OPEC Reports 151Kbpd Drop In October Crude Output; Raises Demand Forecast For 2018

True to its perpetually optimistic form, OPEC, which only last week for the first time conceded the threat posed by rising US shale production… … sharply raised its demand forecast for cartel oil in 2018, ahead of a key meeting of the group’s ministers later this month. According to OPEC’s monthly market report, the oil exporters […]
‘I Don’t Want To Use The Word Correction’: The Nikkei Is Cracking Folks

‘I Don’t Want To Use The Word Correction’: The Nikkei Is Cracking Folks

What started last Thursday with a harrowing afternoon plunge in Japanese equities has now morphed into a four-day rout, with the Nikkei diving 1.3% to start the week. You’ll recall that something snapped in the previously invincible Nikkei late last week when selling ahead of Friday’s futures and options settlements led to the largest intraday swing of 2017 […]
Internet Shutdowns Show Physical Gold Is Ultimate Protection

Internet Shutdowns Show Physical Gold Is Ultimate Protection

Internet shutdowns (116 in two years) show physical gold is ultimate protection Number of internet shutdowns increased in 2017 as 30 countries hit by shutdowns Democratic India experienced 54 internet shutdowns in last two years; Brazil 2 EU country Estonia, a technologically advanced nation, experienced a shutdown Gallup poll shows Americans more worried about cybercrime than […]
US Dollar Completes Bearish ABC Within Bullish Correction

US Dollar Completes Bearish ABC Within Bullish Correction

The US Dollar seems to have completed 3 bearish waves within a larger bullish correction. One more higher high could occur on the USD after which divergence between the tops will most likely appear. This, in turn, could create a bearish reversal and send the EUR/USD back up. For the moment, however, EUR/USD and GBP/USD […]