Oil Bear Or Bull Interesting Times Ahead
Greetings to all, after a sell off yesterday in Oil prices we are back to the drawing board to see which scenario is the most probable one. The bullish one looking for 60-70$ or the bearish one looking for new yearly lows towards 40-42$? Here we will look at the levels we focus on for […]
Sentiment And Dollar Stabilize
After the GBP storm that was triggered by Theresa May call for early elections, calmness has returned to the market. Yesterday and so far today, there are a few market movements worth mentioning. With the lack of significant data releases scheduled for today, it is very likely that the market will not be very volatile […]
Britain To Go To Polls (Confirmed)
Let the games commence. By a resounding majority of 522 to 13 votes, Parliament surpassed the two thirds majority required to allow the PM to call a general election under the fixed parliaments act. Britain will go to the polls on 8th June and will have a rehearsal on 4th May in the shape of […]
Sensex Trades In Green; Bank Stocks Drag
After opening the day on a flat note, share markets in India witnessed volatile trading activity and are currently trading marginally higher. Except for stocks in the banking sector, all sectoral indices are trading in green. Stocks in the realty sector and stocks in the consumer durables sector are leading the gains. The BSE Sensex is trading up by 76 points (up 0.3%), and […]
GBP/USD Retracement Returns To 38.2% Fibonacci At 1.2750
GBP/USD 4 hour The Members of the British Parliament have approved the Prime Minister’s plan yesterday to organise an early general election on June 8. The vast majority of the Parliament Members approved the motion (522 out of 650) clearing the bar of the two-thirds needed for accepting the plan. The election news did not […]
Ratings Are Yesterday, Data Is Tomorrow
The TV business was once ruled by overnight ratings. Those metrics are becoming less and less meaningful in a world of mobile-first consumers. Online networks such as Netflix and Amazon don’t want or need third-party ratings. They know exactly what is being consumed, by whom, and when. Delivery and analytics are their core competencies. Additionally, […]
The Fed Is Playing, “Pin The Tale On The Elephant!”
The Federal Reserve’s Zero Interest Rate experiment saved the banks and destroyed the retirement plans of many generations. Now they want to “normalize” things. Their solutions are ill timed and risky! When things collapse, President Trump will become a combination of Herbert Hoover and Jimmy Carter – blamed for the catastrophe. Democrats will be cheering, […]
John Burbank Shuts Down His Long-Short Hedge Fund
We almost made it a full month without a prominent hedge fund shuttering – an eternity in an age when ETFs and passive vehicles soak up several billion in capital each day at the expense of “active” managers – and then Bloomberg spoiled the streak when it reported that John Burbank, one of the handful […]
Why Long-Run Theories Of Profit And Accumulation Fall Short
by Philip Pilkington Nothing gets heterodox economists quite so fussed as the long-run theory of the rate of profit. Yet, Keynes did without one altogether and when examined closely there is no way that such a theory can say anything tangible about the real world. In order to lay this out I am going to […]
EUR/USD, GBP/USD And EUR/CAD TA – April 20
EUR/USD intra-day analysis EUR/USD (1.0719): After EUR/USD rose to a one-month higher yesterday; prices retreated pulling back from the highs of 1.0736 to close on a bearish note. With prices above 1.0700, there is strong indication that EUR/USD could remain consolidated above 1.0700 in the near term. The bias remains to the upside above 1.0700, […]
