Economic Data Calls For 4/17/17
Here’s what we are looking for in Monday’s economic reports (Apr 17, 2017) — Good Luck Trading! 1. CH Retail Sales, Industrial Production and GDP (22:00 NY Time) No Trade — Chinese data is extremely volatile and difficult to predict but will be market moving 2. Empire Manufacturing (8:30 NY Time) No Trade — First […]
Look Out Below: “Godzilla Returns Next Week”
First a couple of weeks ago, and most recently a couple of days ago in “Who’s Behind The Treasury Rally?,” we noted that while there are surely multiple factors at play including the unwind of the spec 10Y short… …and general concerns about the viability of the reflation narrative… …one possible tailwind for Treasurys is […]
How Heavy Is This?
Here is a glass of water. You’re holding it. How heavy is it? The answer is: the actual weight probably doesn’t matter. It’s just a glass of water. What matters is how long you hold it. Hold it for a minute, it’s no problem. An hour and your arm will ache. A day and your arm will […]
This Week In Review: How Trump’s Policies Moved Stocks
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly. 1. CEO MEETING: On Tuesday, President Donald Trump met with about 20 chief executives, including the heads of […]
GDP Forecasts Dip Again: Forecasts Compared
In the wake of dismal retail sales, first-quarter GDP forecasts by the Atlanta Fed GDPNow model and the FRBNY Nowcast model ticked lower. Let’s investigate the details and compare the current estimates. Nowcast Latest Forecast: 2.6 Percent — April 14, 2017 The FRBNY Staff Nowcast stands at 2.6% for 2017:Q1 and 2.1% for 2017:Q2. Incoming […]
Forex Weekly Outlook April 17 – 21
Kuroda speaks, US Crude Oil Inventories, Philly Fed Manufacturing Index, Unemployment Claims and inflation data from New Zealand…these are the main events for this week. Join us as we explore the market-movers coming our way. Last week US data was mixed showing favorable consumer sentiment with disappointing inflation and retail sales figures. The University of […]
JP Morgan – Heavy Accumulation Of Precious Metals In April
JP Morgan, apart from being an active trader in precious metals futures, has been also aggressively accumulating gold and silver bullion this year. Look at the bank’s precious metals holdings at the COMEX: Interestingly, the bank has been particularly active in April, adding 380.8 thousand ounces of gold and 6.8 million ounces of silver to […]
Gift Your Children Some Stocks They Can Relate To – Here’s Why & The Best Way To Go About It
Written by Damian Davila (WiseBread.com) If you have children, you’re blessed with the opportunity of granting them the greatest gift any investor could want: time. Let’s take a look at some companies whose shares would make a great gift for your kids to not only help them learn about investing, but also get them excited about […]
USDJPY Tumbles To 5-Month Lows After Dismal US Data
More indications that the US economy is not doing anything like as well as the soft survey data would suggest has sparked a fresh round of selling in USDJPY. The data sent the Yen to its strongest level since just after the Trump election. This is the biggest weekly drop for USDJPY since July 2016.
China Starting To Resemble Bernie Madoff
Audible.com just released a new show on Bernie Madoff that explains how the world’s biggest financial scam was enabled by banks and hedge funds who were making so much money that they chose to ignore obvious red flags. Which sounds a lot like today’s China. Here, for instance, is a sequence of events involving China Huishan […]
