Market Overbought

Market Overbought

Last week, sector sentiment gleaned from the Twitter stream had every sector positive. When this occurs a short term market top materializes usually within the following week. Once in a while, the sectors will paint another week with all of them in positive territory, then the top comes. Basically, when every sector is being bought […]
USD/CAD Forecast July 24-28

USD/CAD Forecast July 24-28

The Canadian dollar rally continued last week, as USD/CAD dropped close to 100 points. The pair closed at 1.2535, its lowest weekly close since June 2015. This week’s key event is GDP. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The Canadian dollar shrugged off weak inflation numbers, as CPI declined 0.1%, […]
Venezuela Will Be The First Sovereign Oil Producer To See An “All-Out Collapse”

Venezuela Will Be The First Sovereign Oil Producer To See An “All-Out Collapse”

Venezuela’s anti-government protests are growing increasingly violent, with the death toll from clashes between protesters and government forces that began in May topping 100. Despite the country’s increasing political instability, and US President Donald Trump’s half-serious threats of an invasion, President Nicolas Maduro has decided to press ahead with his vote to create a rubberstamp […]
WTI Crude Weekly Gain Slips As Supply Concern And OPEC Doubts Rise

WTI Crude Weekly Gain Slips As Supply Concern And OPEC Doubts Rise

Fundamental Forecast for USOIL: Bearish You have likely heard that Oil is lower and pressure remains on price due to oversupply. However, the reasons and anecdotes pointing to the remaining supply problems are evolving. A report from Petro-Logistics on Friday morning showed OPEC output appears set to rise again. The report showed OPEC output is likely […]
4 Tips For Investing Your Money Safely And Wisely

4 Tips For Investing Your Money Safely And Wisely

  Article by Vintage Value Investing As you probably already know, investing in stocks can be a wonderful way to make an income. Nevertheless, there is undeniably some risk involved with investing. If you’re not careful and do not take the appropriate precautions, you could very well end up losing your money. The risk is far lower than gambling your money […]
International Economic Week In Review: Positive News Continues

International Economic Week In Review: Positive News Continues

The overall tenor of news from the big G7 economies continues to be modestly bullish. The EU, continues to grow at a slightly above trend pace, continuing a trend that started in the fourth quarter of 2016. On the other side of the globe, Japan and Australia continue their modest expansions.Canada, which recently raised rates […]
GBP/USD Forecast – July 24-28

GBP/USD Forecast – July 24-28

GBP/USD dropped 150 points last week. The pair closed at 1.2965. This week’s highlight is Preliminary GDP. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   The pound dropped sharply after British CPI slowed down to 2.6%, short of the estimate of 2.9%. In the US, political risk continues to […]
Microsoft: An Excellent Quarter From This Explosive Tech Giant

Microsoft: An Excellent Quarter From This Explosive Tech Giant

Microsoft’s recent fourth quarter earnings release was far superior to the company’s third quarter results, which were announced on Thursday, April 27th and saw the company’s stock decline by 2% in the ensuing trading. This time around, Microsoft’s stock closed trading slightly higher. More importantly, the company’s fundamental business continues to grow at a torrid […]
Forex Forecast: Pairs In Focus – Sunday, July 23

Forex Forecast: Pairs In Focus – Sunday, July 23

The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
BTL Group’s Stock Hitting Major Support

BTL Group’s Stock Hitting Major Support

BTL Group (BTLLF) is one of our favorite blockchain stocks. It rose to $7.20 only 6 weeks ago. Since then, the stock has retraced and is hitting major support right now. The $4.50 price level must hold, and the chart shows why. There is a strong correlation between BTL Group’s stock price and the cryptocurrency market. As cryptocurrencies […]