While We Wait…
While we wait on this week’s big events, which include the FOMC announcement and Janet Yellen press conference Wednesday afternoon, the election results in the Netherlands, meetings of the Bank of Japan, the Bank of England, and the Swiss National Bank on Thursday, and the Brits triggering Article 50 to initiate the BREXIT, I thought […]
Miners Rallied Nicely Further Endorsing Interim Lows
Miners rallied nicely yesterday, further endorsing interim lows. However, gold and silver are yet to establish proper swings and the potential for a decline after the Fed meeting remains. In the Weekend Newsletter, I noted how gold and silver had a tendency to bottom shortly after the rate hike. The odds for a rate hike have risen […]
The 3 Worst-Performing Dividend Achievers So Far This Year
Dividend growth investing is one of the best ways to build wealth over the long-term. But sometimes, stocks go down. This is the trade-off to investing in the stock market. An investor needs to resist the urge to sell, even during market downturn. To be fair, this is no easy task. It is very difficult […]
EUR/USD: Near Term Downside Risks Before Rallying To 1.15 By Year-End – Nomura
EUR/USD received some support from the ECB but the pair failed to rally hard. What’s next? Here is their view, courtesy of eFXnews: EUR/USD has been in demand as of late mainly following its positive reaction to last week’ President Draghi’s press conference. In that regard, Nomura Research notes that President Draghi communicated that the Bank had […]
Corning Retreats After Goldman Cuts To Hold Following Rally
The shares of glass maker Corning (GLW) are falling after Goldman downgraded the stock to Neutral from Buy, saying that the stock already reflects the company’s opportunity. CURRENT SITUATION: The fundamentals of Corning’s glass business “remain healthy,” while its display business has rebounded and now has “stable” fundamentals, according to Goldman analyst Doug Clark. OUTLOOK: […]
3 Top Diversified Bond Mutual Funds For Stable Returns
Fixed-income securities are preferred by investors ready to forgo capital growth for regular income flows. The expense involved in creating such a portfolio of bonds from different categories can be considerable. This is why most investors select mutual funds since they are a convenient and affordable. Also, diversified bond funds reduce the risk involved by […]
E Why Online Shopping Companies Must Adapt To Customers
Online shopping is not new to the world. It has been here for more than two decades. However, consumers only really began to adapt to the new shopping trends in the last decade as it became apparent that it was necessary in order to keep up with the rapid technological advances. Nonetheless, the tables appear […]
Fitbit Inc. And GoPro Inc. Both Plunge Again, As Weak Wearables Get Weaker
Fitbit Inc. (FIT) and GoPro Inc. (GPRO) both plunged over 4% on Monday and are continuing their ongoing downtrends today to new swing lows. Written by Corey Rosenbloom (blog.afraidtotrade.com) Our foundational principle at Afraid to Trade states that “stocks that are weak tend to get weaker” and these two related names show us why we hold […]
Oil Plunge Accelerates After EIA Forecasts Spike In April Shale Output
It is going from bad to worse for oil bulls (such as Pierre Andurand), who after giving up hopes to see the first rebound in oil prices in 7 days, are now watching oil tumble to the lowest price since the Vienna oil meeting, down to $47.28. The main catalyst, as discussed earlier, was Saudi Arabia’s surprising […]
Most Likely Scenario: Federal Reserve Might Raise The Rates By 25bps
The US Dollar Index remains within our projected plan since almost two weeks, with attempts to break above the key resistance which stands at 101.80 to 102.0. Last week the US Jobs Report was actually the catalyst for the survival of the bearish pattern, which is the head and shoulders on the daily chart as […]
