Surprise ETF Winners & Losers Post ECB Easing
As expected, the European Central Bank (ECB) president Mario Draghi turned super dovish in the March meeting held on March 10. In fact, the announcements were way more accommodative than what the market expected. The bank has lowered the deposit facility rate to negative 0.4%, down from the previous rate of negative 0.3%. It […]
Forex Forecast: Pairs In Focus – 3/13/2016
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
ECB Ignites Market Volatility
■ EUR/USD dips to lowest since late Jan, as ECB announces accommodative measures ■ Market flips as Draghi says no further rate reductions anticipated ■ EUR/USD concludes 1.3% weekly gain, following Draghi’s comments ■ U.S. markets respond quite positively to ECB’s easing ■ Oil prices rise to highest in 2016 Last week’s wait for […]
Southern Company: A Safe High-Yield Dividend Stock For Retirees
Yield-starved investors should familiarize themselves with Southern Company (SO), a highly dependable business that has paid dividends every quarter for more than 65 consecutive years. With a high yield of 4.4%, low stock price volatility, and a track record for outperforming the S&P 500 Index over the last 30 years, Southern Company is the type […]
$67 Oil Has All The Majors Converging Here
Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. But with the crash in prices since […]
Near-Term Gold Forecast: The Thrill Of Victory And The Agony Of Indecision
Man-oh-man, the heat I am taking over my recent “Caution” stance on the near-term outlook for gold and silver is now verging on the theatre of the absurd. Email, tweets, voicemail messages and every other form of indirect confrontation have been used to convince me that my reluctance to join the masses in piling into […]
US Daily Cash Deficit 3/10/2016
The US Daily Cash Deficit for Thursday 3/10/2016 was $5.9B bringing the March 2016 deficit through 10 days to $92B. Revenue looks down big….you may recall that last March received about $35B of additional revenue thanks to the FCC wireless spectrum auction. There is another one planned in 2016 at the end of the month, […]
3 Main Themes To Watch In Next Week FOMC – BofA Merrill
After the wild ECB storm, another busy week awaits. And it’s not only about the Fed. Here is the preview from Bank of America Merrill Lynch: Here is their view, courtesy of eFXnews: Based on Fed speakers since the January meeting, we expect the FOMC to remain on hold this month as they assess spillovers from the […]
Which Is Best-Investing For Income Or Total Return: Part 2
There is a long running feud between investors who believe in investing for total return versus those who believe in investing for current income. Both camps are fervent advocates of their respective beliefs, and there seems to be no feasible middle ground or compromise. Unfortunately, I believe that the dogmatic positions of both groups create […]
Will Gold Continue Its Dominance Over Silver ETFs?
The weakness in the global financial markets has helped precious metals, like gold and silver, to recover their sheen in 2016. Sluggish growth in China since the beginning of the year and the global oil market turbulence has lifted safe-haven demand. The jump in gold and silver prices was also supported by plunging interest rates […]
