Are Grocery Chains About To Join The Retail-Bankruptcy Bloodbath?
Amazon officially assumed control of Whole Foods Market on Monday and by noon, channel checks at WFM stores revealed that its new tech overlords had already slashed prices by nearly 50%, sending bonds of its grocery-chain rivals reeling as grocers confronted a new dilemma: either slash prices to the point of unprofitability, or hold the line and risk […]
These Stocks Tend To Perform Well In September (Seasonality)
September is a mediocre month for stocks overall, but these stocks have still managed to climb at least 70% of the time and produced as much as 8% gains on average. Seasonality is the study of how assets perform at certain times of the year. The stocks below have shown a strong tendency to rise in […]
Australian Dollar: Big Week Looms, But Will It Really Matter?
Fundamental Australian Dollar Forecast: Neutral Its’ a big week for the Australian economy The Reserve Bank of Australia makes a monetary policy call, and GDP data will see daylight But will either really change the Australian Dollar backdrop? This week offers the Australian Dollar market some heavyweight economic news. But whether it will have the punch […]
Losses Are Just Part Of The Game
How many times have we heard this one: “He/she/they caused me to blow up my account”? Blaming someone else for your losses. Pretty much every novice trader in the world goes through this phase, and many experienced traders as well. Now I’m going to let you in on a secret that will save you thousands or […]
E The Fed’s 2% Inflation Target
Within the Federal Reserve sometime in 1996, a discussion took place among FOMC (Federal Open Market Committee) members regarding the subject of inflation targeting. Federal Reserve District Governor (San Francisco) Janet Yellen believed that a little inflation “greases the wheels” of the labor market. Her preferred “target” was 2%. She asked Chairman (at the time) […]
Top And Flop ETFs Of August: Metals Gain, Crops Crash
The broader market was cast down by a host of geopolitical and political concerns in August. Though the month ended with the release of upbeat Q2 GDP growth data, the awful Hurricane Harvey, tensions with North Korea, Trump’s warnings of a Government shutdown, overvaluation concerns and some downbeat economic releases snapped the solid momentum of the broader […]
GBP/USD Forecast: September 2017
The British pound has been very volatile over the last several weeks, and as we roll into September we should see a significant amount of volume jump into the marketplace. I think that we will more than likely see a significant amount of choppiness, and I don’t expect some type of massive move in the […]
USDCAD Weekly Analysis – September 3, 2017
USDCAD broke below 1.2413 support, indicating that the downtrend from 1.3793 has resumed. A further decline could be expected in a couple of weeks and the next target would be at 1.2050. Key resistance is at 1.2778, only a break above this level could signal completion of the downtrend.
ICOs: What You Need To Know
Floyd “Money” Mayweather made headlines last weekend for making light work of Mixed Martial Arts superstar Conor McGregor. But he also made tech headlines recently by endorsing the Hubii Network, an initial coin offering (ICO), on his Instagram and Twitter accounts. This isn’t the first time Mayweather (who’s dubbed himself Floyd “Crypto” Mayweather) has endorsed an […]
Weighing The Week Ahead: Time To Ask What Could Go Wrong?
We have a very light data calendar. It is a short week with some post-vacation (ahem) attitude adjustment. There is little fresh news, but plenty of data from last week. FedSpeak is on high. It is a perfect setup for pundit pontification. Expect lots of navel gazing, with an emphasis on flaws. Many will be […]
