EUR/USD: ‘Torturing The Bears’: What’s Next? – BofA Merrill
EUR/USD is off the highs but also refusing to fall. What’s next? The team at Bank of America Merrill Lynch explains how markets are torturing the bears: Here is their view, courtesy of eFXnews: Themes: the Fed in the driver’s seat. Our last report argued that the March ECB meeting would be the most difficult in recent […]
3 REITs Increasing Dividends In May
Investing in an accelerating dividend is one of the best ways to consistently increase your wealth over the long-term. With these three stocks expected to increase their dividends in May, now is a great time to add them to your portfolio. My investing strategies for dividend stocks all focus on finding, owning, and trading dividend […]
E Allergan Stock Falls As Government Cracks Down On Tax Inversion Deals; Pfizer Deal On The Rocks
Today shares of Allergan (AGN) fell by 14.77% as investors were skeptical that a buyout deal by Pfizer (PFE) would go through, after the government introduced new tax inversion rules. Back in November of 2015 Pfizer stated that it was going to buy Allergan in a $160 billion deal. Pfizer liked Allergan’s pipeline but the […]
Employment Numbers An April Snow Job
Donald Trump managed to shove his way into the spotlight again last week, claiming the US is heading for “a massive recession.” Unsurprisingly, the mainstream media scoffed at Trump’s assertion, pointing to the “great jobs report” that came out Friday. The report did show the US economy added some 215,000 jobs, slightly more than expected. […]
Binary Options Assets In Focus – April 6, 2016
During the day on Wednesday, the FOMC Meeting Minutes come out, which of course will have a massive effect on the US dollar, which in turn will massively affect world markets in general. Because of this, expect quite a bit of volatility later in the day. Silver bounces Silver markets have had a couple of […]
Big Trouble Ahead For Copper Is Good For Silver
It looks there may be trouble ahead for copper. This goes well beyond the falling copper price and annual surpluses. According to the article, China’s True Demand For Copper Is Only Half as Much as You Think: For years, traders on the mainland have used copper as collateral to finance trades in which they borrowed foreign currencies […]
E Greenbrier: Did Railcar Orders Really Fall 70%?
Greenbrier’s (GBX) FQ2 results were, at least to my mind, a disaster. The company missed on all fronts. Revenue of $669 million was $60 million shy of the $730 million analysts were expecting. Earnings per share of $1.141 missed by $0.15. I assumed the company would meet revenue expectations due to deliveries from its backlog. […]
Tesla Motors Releases Much Anticipated Model 3
Tesla Motors, Inc. (TSLA) is an American automotive and energy storage company that designs, manufactures, and sells luxury electric cars, electric vehicle powertrain components, and battery products. The company also offers electric vehicle powertrain components and systems to other manufacturers. Tesla Motors, Inc. sells its products through a network of Tesla stores and galleries, as well […]
Morningstar Buy Signals
Today I added Morningstar (MORN) to the Barchart Van Meerten New High portfolio for positive price momentum. Barchart technical indicators: 80% technical buy signals Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 18 new highs and up 9.61% in the last month Relative Strength Index 69.57% Technical support level at 86.80 Recently traded at […]
Face The Music And Dance
So, what’s the trouble ahead? Was sell-off Tuesday a sign of a severely overbought market correcting (see McClellan Summation index below)? Worries about a weak earnings? Is Greece crawling its way back to the forefront as the IMF and EU duke it out over another rescue (the IMF recent leak)? Do the so-called Panama Papers […]
