Should Platinum Be More Expensive Than Gold?
Platinum is one of the rarest elements in the world, much rarer than gold. This is why historically the white metal has been more valuable – just think of platinum credit cards which offer greater privileges and prestige than the gold ones. However, the ‘little silver’ has recently been traded at a discount to gold, as one […]
Nifty Elliott Wave View
Short-term NIFTY Elliott Wave view suggests that the rally to 9709.3 ended on an Intermediate wave (1), and the pullback to 9449.06 low ended Intermediate wave (2). The rally from there could be unfolding as an Elliott wave Zigzag structure where Minor wave A is in progress as a Leading diagonal structure. Minute wave ((i)) ended as a double three Elliott Wave structure at 9649.80 […]
Mynd Analytics Announces Uplisting To Nasdaq And Pricing Of $8.79M Underwritten Offering
MISSION VIEJO, Calif., July 14, 2017 (GLOBE NEWSWIRE) — MYnd Analytics, Inc. (Nasdaq:MYND), a predictive analytics company which brings objective physical findings to psychiatric treatment in order to reduce trial and error prescribing, announced today the pricing of its firm commitment underwritten public offering of 1,675,000 shares of its common stock and accompanying warrants to […]
Retail Sales Declines Again In June 2017
Retail sales were down according to US Census headline data. Our analysis agrees.. Backward data revisions were mixed. Econintersect Analysis: unadjusted sales rate of growth decelerated 2.2 % month-over-month, and up3.2 % year-over-year. unadjusted sales 3 months rolling year-over-year average growth decelerated 0.6 % month-over-month, up 4.0 % year-over-year. unadjusted sales (but inflation adjusted) up 1.3 % year-over-year this […]
Oil Prices Creeping Higher
Oil prices have been creeping higher 4 days in a row as OPEC plans an “emergency technical meeting” July 24. The move is tentative as the market is still buying into the invincibility of shale oil production and this myth that the global oil market is not balancing. The International Energy Agency tried to feed […]
Weekly Commodities Wrap: Zinc Surges To Fresh 3 Month Highs
Copper: Weaker US Dollar & Mining Strikes Keep Red Metal Supported The red metal climbed higher over the week boosted by weakness in the US Dollar but also by other fundamental factors. Adding further support for the industrial metal was the reported halt in the recent build-up of Copper inventories that has been hanging over […]
US Core Inflation Only +0.1%, Retail Sales Fall 0.2% – USD Crashes
Core CPI y/y came out at 1.7% as expected but all the other data figures disappointed. Month over month, prices are flat, core CPI is up only 0.1% m/m. Retail sales fall 0.2% and so do core sales. The biggest disappointment is the control group which is down 0.1%. The average earnings data attached this report […]
Citigroup Inc 2Q 2017, Wells Fargo & Co 2Q 2017 Earnings Reported
The Citigroup (C) 2Q 2017 and Wells Fargo (WFC) 2Q 2017 earnings reports were released before opening bell this morning. Citigroup posted $1.28 per share in earnings on $17.9 billion in revenue, compared to $1.24 per share in earnings on $17.5 billion in revenue in last year’s second quarter. Analysts had been looking for $1.21 […]
Snapchat’s Future: Forget Facebook, Look To Etsy
Wall Street is in a tizzy over the news that social media darling Snap Inc. (SNAP – Free Report) , commonly called “Snapchat”, has seen its shares plunge Shares have fallen 36% since the March 2017 IPO Investors are distressed that the shares have dropped below the initial IPO price. Many stock market pundits have been comparing the difficulties […]
Reviewing Top And Bottom Performers Year-To-Date
Having a broad cross section of Funds across global markets and asset classes gives us perspective on how markets are behaving. Depending on whether one wants to look for positive momentum trends continuing or for a reversal in negative sentiment from the list of poor performers, this review of the top five and bottom five performers in […]
