Picturing Pensions
Photo Credit: Tori Barratt Crane || “When is the next pension check coming, dear?” I’ve seen a small group of pension articles in the recent past, none happy: Europe Faces Pension Predicament More Companies Freezing Corporate Pension Plans The Tragedy Of California’s Public Pensions Retirement Is Looking Even Worse for Americans A defined benefit pension is […]
Selling Wine And Investment Advice: The Same Methods Are Used
Introduction In writing on wine and finance, I notice a lot of similarities. Most people cannot tell the difference between expensive and inexpensive wines, but the retailers use “descriptors” to convince them to buy. And while there are no investments strategies that outperform markets in the long run, those selling investment advice use their own […]
Will This Be A Major And Famous Gold Bottom?
Mostly, we stick to the indicators in our methodology, which are driven by price action, sentiment, intermarket dynamics and futures market structures. However, exceptionally, we focus on more fundamental aspects. In this article, we’ll cover several aspects, from a very long term perspective. Fundamentally, we could make the case that gold has made a long […]
EC Roller Skating In A Buffalo Herd
The ECB fired its “bazooka” yesterday, cutting official rates more into negative territory, increasing QE by another €20bln per month, expanding the range of assets the central bank can buy to now include corporate bonds, and creating a new 4-year program whereby the ECB will loan long-term money to banks at rates that could be […]
ECB Indulges In Further Monetary Easing
With deflation in the Eurozone persistently low and well below target and growth, well, putting it kindly; tentative, it had been widely expected that the European Central Bank would act to make its monetary policy even more accommodative. This was expected to be within the scope of its asset purchase programme which sees €60 billion […]
Goldman Is About To Be Stopped Out Of Its Gold Short
Given China’s new focus on a basket of currencies, rather than pegging to the dollar alone, today’s record-breaking reversal in EUR has sparked a yuuge 300 pips rally in Offshore Yuan (from 6.5270 to 6.4940) pushing to its strongest level since mid-December. At the same time, Gold is accelerating as China opens, pushing up to $1288 – […]
Dollar General Q4 Earnings Top, Guides FY16, Ups Dividend
Dollar General Corporation (DG – Analyst Report) released a fourth straight quarter of positive earnings surprise with its fourth-quarter fiscal 2015 results. The company posted quarterly earnings of $1.30 per share that beat the Zacks Consensus Estimate of $1.27, and rose 11.1% from the year-ago period on the back of higher sales and share repurchase activity. The stock […]
The ECB – A Victim Of Its Own Ignorance?
“Rates will stay low, very low, for a long period of time and well past the horizon of our purchases,” Draghi declared. “From today’s perspective and taking into account the support of our measures to growth and inflation, we don’t anticipate that it will be necessary to reduce rates further.” The ECB cut its main interest […]
EUR/USD Elliot Waves Analysis For 11 March 2016
Wave Analysis: EUR/USD is currently trading with a strong bullish bias. Euro traded perfectly short as previously forecasted but could not go below the support level 1.08224. Instead, it rebound from this level and ended up closing above its opening price thereby giving us a trend continuation candle. During this day, we will remain long […]
On The Fly: After Hours Movers
UP AFTER EARNINGS: Strata Skin Sciences (SSKN), up 30% after reporting quarterly results and announcing that the FDA approved a PMA supplement for the MelaFind system… Ulta Beauty (ULTA), up 12.4%… Athersys (ATHX), up 6%… Finisar (FNSR), up 8%… Bojangles (BOJA), up 7.8%… Kratos Defense (KTOS), up 1.9%. DOWN AFTER EARNINGS: FXCM (FXCM), down 19.6%… […]
