Trading Bank Of America Stock

Trading Bank Of America Stock

Bank of America Corporation (BAC) stock is currently trading at $25.58 in the pre-market session. The stock is up 1.47%, and climbing fast. Of course, the most important news for the banking industry will come from the Fed. On Tuesday and Wednesday next week, the Fed FOMC will be convening to discuss monetary policy, vis-à-vis […]
Disney’s 2017 Shareholder Meeting – A Recap

Disney’s 2017 Shareholder Meeting – A Recap

Disney (DIS) held its annual shareholder meeting in Denver, Colorado on March 8, 2017 at the Colorado Convention Center. Shareholders were treated to coffee, tea, and bottled juices, but no food or pastries. (It’s possible D23 members had a better selection after the regular shareholder meeting.) Shareholders could also take pictures–available later at www.shareholderphotos.com–with characters Moana, Mickey Mouse, […]
EUR/USD Grinds Back Towards 1.0500 Support Ahead Of ECB

EUR/USD Grinds Back Towards 1.0500 Support Ahead Of ECB

The European Central Bank (ECB) may generate a limited market reaction as President Mario Draghi and Co. are widely expected to retain the current policy, but the fresh batch of central bank rhetoric may spark near-term headwinds for the Euro should the Governing Council show a greater willingness to further extend its easing-cycle. What’s Expected: […]
The Best Performing ETFs Of The Bull Market Might Surprise You

The Best Performing ETFs Of The Bull Market Might Surprise You

Eight years ago, the S&P 500 hit its Great Recession closing low, and since then, equities around the globe have been soaring. In fact, an S&P 500 investment on March 10th 2009 of $10,000 would have been worth over $40,000 today if you had been reinvesting dividends (according to data from Morningstar). But what were the […]
Sensex Trades Flat; Consumer Durables Stocks Gain – Thursday, March 9

Sensex Trades Flat; Consumer Durables Stocks Gain – Thursday, March 9

After opening the day on a flat note, share markets in India have witnessed selling and are trading marginally below the dotted line. Sectoral indices are trading on a mixed note with stocks in the consumer durables sector and stocks in the auto sector leading the gains, while stocks in the oil & gas sector are trading in red. The BSE Sensex is trading down […]
Record Number Of Americans Forfeit Citizenship As Hope For Near-Term Tax Relief Fades

Record Number Of Americans Forfeit Citizenship As Hope For Near-Term Tax Relief Fades

Obama warned everyone back in 2009 that “elections have consequences.” Now, eight years later, we learn that apparently the “consequences” of running around the country for nearly a decade threatening to raise taxes, “spread the wealth around” and pursue any number of other socialist policies are a record number of people renouncing their U.S. citizenship. As Fortune points out, […]
NZD/USD Equidistant Channel In A Strong Downtrend

NZD/USD Equidistant Channel In A Strong Downtrend

  The NZD/USD has been dropping consistently within the Equidistant channel versus its counterpart USD mainly due to expectations the Federal Reserve will raise interest rates next week while the Reserve Bank of New Zealand keeps its rate low. Additionally, the dairy prices fell in the overnight auction, adding to overall NZD weakness. The POC […]
EUR/USD, GBP/USD And XAU/USD TA – March 9

EUR/USD, GBP/USD And XAU/USD TA – March 9

EUR/USD intra-day analysis   EUR/USD (1.0531): EUR/USD is seen testing the support level at 1.0532 – 1.0521 on the 4-hour chart. A break down below this support level could signal further declines in store, while to the upside the gains could be limited to 1.0600. Thus, the EUR/USD could continue to remain range bound in the […]
January 2017 Wholesale Sales Appear To Be Improving

January 2017 Wholesale Sales Appear To Be Improving

The headlines say wholesale sales were down month-over-month with inventory levels up remaining at levels associated with recessions. Our analysis shows significant improvement of the 3 month averages and our monthly analysis shows significant acceleration.. Analyst Opinion of this month’s Wholesale Sales The headlines said this sector declined this month. The growth this month was […]
ECB March Meeting – No Changes But Hawkish Undertones Expected

ECB March Meeting – No Changes But Hawkish Undertones Expected

The European Central Bank’s monetary policy meeting today is quite likely to pass off as a non-event as some of the major Eurozone member nations gear up for elections that could potentially unsettle the current status quo. The European Central Bank is unlikely to add further to the turmoil especially with no major reasons to […]