US REITs Rise For A Second Week
Real estate investment trusts (REITs) in the US surged last week, posting the strongest gain among the major asset classes, based on a set of exchange-traded products. The rise marks the second weekly increase in a row for securitized real estate. Vanguard REIT (VNQ) jumped 2.2% over the five trading days through Nov. 10. The advance lifted […]
Pound Tumbles As Theresa May Faces Leadership Challenge Over Brexit Chaos
It might be a modest exaggeration it to say that Theresa May’s position as Prime Minister is doomed, but that is the general direction as the newsflow for the British PM remains overwhelmingly bad. Scandals aside, May seems to be falling into the growing gulf between Conservative MPs who are pushing more strongly for a […]
First Solar: Recovery In Progress
First Solar (Nasdaq: FSLR) designs and manufactures solar modules using a proprietary thin film semiconductor technology. The company has developed, financed, engineered, constructed and currently operates many of the world’s largest grid-connected PV power plants. First Solar relies almost entirely on utility-scale projects which accounts for over half of the U.S. solar market and can be affected by the potential […]
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 […]
