Q1 Ends With A Bang, What’s Next?
A good bit has happened over the last couple of weeks. The S&P 500 (SPY) staged a sharp recovery from February closing lows due to repeated Central Bank actions during the month as well as an expected reflex rally fueled by short-covering. On a short term basis, the technical backdrop has improved markedly, but was it […]
Gold To Remain Supported On Dovish Fed- Bullish Invalidation 1193
Fundamental Forecast for Gold:Bullish Gold Dip Holds Key 1230 Price Gold Price Jumps and USD Slides after Dovish Signal from the Fed Gold prices traded higher this week, with the precious metal advancing 0.58% to trade at 1256 ahead of the New York close on Friday. Despite broader strength in the U.S. equity market, gold maintained […]
Economic Events Of The Coming Week – 4/3/2016
Monday: March Monetary Base data will see light in Japan, currently indicating a 29% annual growth rate. In Spain, March Unemployment data will see light. February’s Factory Orders data will be released in the US, followed by the final estimate for February’s Durable Goods Orders. Tuesday: February Factory Orders data will be released in Germany. In […]
Weighing The Week Ahead: Is The Fed Too Optimistic?
The calendar continues in something of an alternating mode. Last week had plenty of important data; this week has little. Instead we get multiple speeches from Fed Presidents and Governors and the release of the last FOMC minutes. Little data plus lots of Fed news is a natural draw for the punditry. This week they […]
Analyst Says Buy Six Flags With Virtual Reality Set To Take Shares On A Ride
FBR Capital upgraded Six Flags Entertainment (SIX) to Outperform, an equivalent rating to “Buy,” as the company introduces virtual reality experiences to some of its parks this season. The firm expects this move to lift EBITDA and attendance. VR ROLLER COASTER: FBR Capital analyst Barton Crockett upgraded Six Flags to Outperform from Market Perform, saying […]
Why JPMorgan Believes Central Banks Can No Longer Save The Day
In recent weeks, JPMorgan has turned decidedly sour on the US equity market: one month ago, on March 3, JPM announced that “for the first time this cycle”, it has gone underweight stocks. Equities, credit and commodities have all rallied in the last three weeks, as some of the immediate threats to the world economy have faded […]
E Forex Strength And Comparison For April
For analyzing the best pairs to trade looking from a longer term perspective the last 12 months currency classification can be used in support. This was updated on 3 January 2016 and is provided here for reference purposes: Strong: USD / GBP / CHF. The preferred range is from 6 to 8. Average: NZD, JPY. The preferred […]
TJX Shares Scale A New 52-Week High On 24% Dividend Hike
Shares of The TJX Companies Inc. (TJX – Analyst Report) hit a new 52-week high of $79.20 on March 31, a day after the company announced a 24% dividend hike. In fact, the company has been gaining momentum since the company reported better-than-expected fourth-quarter fiscal 2016 results this February. Shares of this off-price retailer of apparel and home goods […]
Sell These 5 Popular Dividend Stocks Before They Crash
Dividends are undoubtedly great ways to juice the returns of your portfolio. If you look at the S&P 500’s return over the last 10 years, it’s up 58%. Not too bad. However, when you look at the total return, which includes dividends, it’s up 95%. That’s the difference of $370,000 on a million-dollar portfolio. But, […]
Crude Oil-Is Now The Hour?
Is now the hour to nibble at the falling crude oil price? To answer this question, consider another stock massive sell off, the gold stock Newmont Mining (NYSE:NEM). In the first chart we have seen some ‘change of behavior’, which has yet to be seen in Crude Oil, so unless there is a ‘V’ bottom in […]
