Sensex Continues Downtrend; Metal Stocks Top Losers
After opening the day flat, Share markets in India witnessed selling pressure and are presently trading in the red. Sectoral indices are trading on a mixed note, with stocks in the IT sector and stocks in the auto sector witnessing maximum buying interest. While stocks in the metal sector are leading the losses. The BSE Sensex is trading down by 140 points (down 0.4%) and […]
Forex Week Ahead: Inflation And GDP Reports
Inflation and GDP data will be the main dominating themes this coming week. Data from the Eurozone, Canada, the United States, the UK, and Sweden will show the overall inflationary trends during the month of October. The inflation data is also likely to influence some of the monetary policy decisions due in December. However, consumer […]
The Elite Sport Of Tax Evasion
“Tax havens are one of the key engines of the rise in global inequality. As inequality rises, offshore tax evasion is becoming an elite sport.”— economist Gabriel Zucman, Nov 8, 2017. See: The desperate inequality behind global tax dodging A massive leak of more than 13m files reveals the hidden wealth of some of the world’s […]
Investors Expect Additional Drivers
Last week, the major currency pairs showed mixed results. The unidirectional trend was not observed. The dollar index (DX) finished the trading week with a slight decrease. The participants of financial markets are afraid that disagreements in the US draft laws between the Senate and the House of Representatives may slow the adoption of the […]
WTI Crude Oil And Natural Gas Forecast – Monday, Nov. 13
WTI Crude Oil The WTI Crude Oil market did very little during the trading session on Friday, as we continue to hover around the $57 level. I think that if we pull back from here, there should be plenty of support underneath, especially near the $55 level. The market has been a bit overextended, so […]
China Market Is Full Of Large And Liquid Stocks
Video Length: 00:02:28 A review of the top 900 largest and most liquid companies in China. A small study considering: The number of analysts covering The size and the volume of trading
Above The 40 – A Flash Resolution To Bearish Divergence
AT40 = 48.1% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 54.9% of stocks are trading above their respective 200DMAsVIX = 11.3 (a new all-time low!)Short-term Trading Call: cautiously bullish Commentary It was by the slimmest of margins, but the S&P 500 (SPY) finally ended the last week with a loss. After 8 straight […]
USDCAD Daily Analysis – Monday, Nov. 13
USDCAD extended its downside movement from 1.2916 to as low as 1.2666, facing the bullish trend line on its daily chart. Near-term resistance is at the falling trend line on the 4-hour chart. As long as the price is below the trend line, the downside movement could be expected to continue and further decline towards 1.2433 […]
Russian Roulette At The Fed
Written by Rick Ackerman, Rick’s Picks Fed Hoping for ‘Bad’ Inflation News Bloomberg News has been drum-rolling Wednesday’ scheduled release of CPI (Consumer Price Index) data, since a report suggesting inflation has remained subdued will complicate the Fed’s task of convincing the world more tightening is urgently needed. Yellen & Co. gave up pretending inflation was a big […]
Pension Ponzi Bailout: Democrats Sponsor US Treasury Bailout Scheme
Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns, are supported by fewer and fewer people putting money in the system. Democrats sponsored a bailout scheme. Will it pass? Pension and Investments reports Sen. Sherrod Brown to Unveil Multiemployer Loan […]
