Gold Weekly Analysis
Gold ended Friday’s session down $2.41, to settle at $1255.37 an ounce as investors continued to cash in recent gains after the market failed to breach the $1267.50 resistance level. Gold prices which slumped to a two-week low of $1225.39 earlier in the week got a boost from the Fed’s announcement and ended traded as […]
Rethinking Long-Term Care Policies: Will Your Health-Care Insurer Outlast You?
One of the little-discussed consequences of low and negative rates is the impact they have on the viability of insurers, especially long-term care insurers. Insurers sold policies long ago expecting to invest proceeds in high-grade corporate bonds yielding a respectable 7.5% or more. Thanks to central bank policies, bond yields are in the gutter. In […]
Weekly Forex Forecast – March 21, 2016
GBP/USD The British pound initially fell during the course of the week, but found enough support just above the 1.40 level to turn things around and form a bit of a hammer. The hammer of course is a bullish sign and therefore I feel that if we can break above the 1.45 level, this market […]
Insurer Survivability: (More) Unintended Consequences Of ZIRP And NIRP!
ZIRP AND NIRP! For potential property buyers and current owners of property who are thinking of refinancing a mortgage, ZIRP has been, and NIRP may someday be, fantasticmonetary policies! ZIRP? NIRP? For those unfamiliar these acronyms are not the sounds an infant might make but instead are deadly serious policies that are being used by central bankers around the world in […]
General Electric (GE) Bullish Price Outlook
General Electric Company (GE) is a diversified technology and financial services company and is listed on the New York Stock Exchange (NYSE) with a market capitalisation of around $290 billion. Price last traded at $30.92. Let’s begin the analysis by looking at the big picture with the yearly chart. GE YEARLY CHART We can see […]
Wall Street’s Week Ahead: Nike Inc., StemCells Inc., Petroleo Brasileiro SA Petrobras
Product innovation, restructuring plans, falling oil prices, and debt levels color this week’s earnings reports from Nike Inc. (NYSE: NKE), StemCells Inc. (Nasdaq: STEM), Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR). Let’s take a closer look at what analysts are looking for from these companies: Nike Inc Nike will release its Q3:16 earnings on Tuesday, March 22 after market close. Analysts are expecting […]
Are Speculators Too Optimistic About The Gold Price?
Jordan Roy-Byrne recently posted an interesting video discussing gold’s Commitments of Traders (COT) data. The video was a response to numerous articles warning that the COT situation was flashing a danger signal. I agree with Jordan’s interpretation, which is that the COT data are probably not predicting a large decline in the gold price. The main point […]
Busted Biotechs Week Ending 3/18/16: The Only Good News Could Be Holding The February Bottom
Busted Biotechs are Still Lagging the Market There is very little do with biotech stocks especially now that other sectors are outperforming. Here is the sector performance over the past month and since the February 11 bottom: IBB one month down 4% with 240-270 channel intact. Large cap focus. XBI one month down 0.94% in middle of […]
