Bull Of The Day: Tyson Foods (TSN)
Founded in 1935 and headquartered in Springdale, Arkansas, Tyson Foods (TSN) is one of the largest food companies in the world. They produce, distribute and market chicken, beef, pork, prepared foods and related products. They currently operate in the US, China, and India and sell food all over the world. Their products are marketed and sold primarily […]
Morning Call For Friday, August 25
OVERNIGHT MARKETS AND NEWS Sep E-mini S&Ps (ESU17 +0.25%) this morning are up +0.24 and European stocks are up +0.29% ahead of speeches later today from Fed Chair Yellen and ECB President Draghi at the Kansas City Fed’s annual symposium in Jackson Hole, WY. A +0.43% rally in Sep COMEX copper (HGU17 +0.53%) to a […]
EC A Quant Manager Takes Aim At The Cult Of VIX
Cliff Asness, co-founder of AQR Capital Management, has a request: “Please Stop Talking About the VIX So Much.” The popular risk metric, which tracks the implied volatility of the S&P 500, has been unusually low, at least its latest pop. Obsessing over the VIX, however, is getting under his skin. “When people talk about the VIX they […]
5 Interesting Facts About The USD
The U.S. dollar, referred to as the USD, is the staple of the financial system and is used in virtually every corner of the globe. Beyond being one of the world’s biggest currencies, the greenback has some interesting hidden gems you may not have heard of before. Below are five fascinating facts about the USD […]
This Bitcoin Price Chart Predicts A 2,200% Gain By 2021
Most Bitcoin charts tell you where the price of the cryptocurrency has been, but this Bitcoin price chart tells you where it’s going. And it’s going higher – exponentially higher. This chart makes a Bitcoin price prediction of $10,000 by December 2018, $20,000 by the fall of 2019, and $100,000 by mid-2021. The chart plots the Bitcoin price from 2011 to […]
USD/JPY And AUD/USD Forecast – Friday, August 25
USD/JPY The US dollar rallied during the day on Thursday, showing signs of support yet again. The 110 level above being broken to the upside should be a buying opportunity, and I think that it’s only a matter of time before the market reaches even higher. However, this is a situation where we are waiting […]
Global Stocks Rise Ahead Of Much Anticipated Speeches By Yellen, Draghi
Global markets are stuck in a holding pattern with S&P futures up modestly after fluctuating overnight, as European and Asian shares rise with oil while the dollar has dipped lower ahead of the biggest central bank event of the year: the Fed’s Jackson Hole symposium where Janet Yellen and Mario Draghi will speak at 10am […]
Will The Fuel Cells Vehicles Save Platinum And Palladium?
Although everyone agrees that the electric revolution is looming, there is no consensus about the pace and the detailed form of the upcoming shifts in the automotive industry. In particular, some miners and analysts believe that fuel cell cars will spur or at least support the demand for platinum and palladium. For example, the world’s three largest […]
Jackson Hole Dark Side Stab
Today is the day. Both Draghi and Yellen speak later at Jackson Hole. Although expectations for market moving news have been damped down, the market might be getting a little too complacent. Over the past month or so, bond markets have been drifting higher on the assumption the Fed would take a dovish wait-and-see approach […]
Gold Coils Ahead Of Jackson Hole
A battle between gold bulls and bears is taking place just below year highs and the upcoming Jackson Hole Symposium could be the catalyst for a big move. Record futures demand & ETF outflows Last month we witnessed record demand for gold futures. Of course, the sabre rattling between the US and North Korea was […]
