SPX:VIX Ratio Reaches A Critical Crossroads
Further to my posts of January 29 and February 17 (& March 3 update), price action on the SPX:VIX ratio has rallied and is now in between major support of 150 and major resistance at 160, as shown on the following monthly chart. The momentum indicator has also risen above the zero level and is hinting of higher prices to come at some point on this longer term […]
What To Watch On Wall Street This Week: Intercept Pharmaceuticals, Tesla Motors And Walgreens Boots Alliance
Though it’s a quiet week on the earnings front, there is plenty to read into on Wall Street this week. Here is what you need to know as Intercept Pharmaceuticals Inc (NASDAQ:ICPT) meets the FDA to discuss a pipeline drug and analysts weigh in on Tesla Motors Inc (NASDAQ:TSLA) following the Model 3 reveal. Lastly, don’t miss out as Walgreens […]
BlackBerry Sets September Deadline For Its Handset Division
BlackBerry (NASDAQ:BBRY) reported mixed Q4 2016 earnings on Friday before markets opened. While BlackBerry delivered a beat on earnings, it missed heavily on revenue. BlackBerry reported a non-GAAP EPS of -$0.03 against analysts’ estimates of -$0.09, an impressive beat. But the miss on revenue was heavy. It reported revenue of $487 million against estimates of $563 million. […]
Why Tiffany May Not Be A Good Pick For Your Portfolio
In our school days, there was a saying, “A stitch in time saves nine”, meaning that timely action may prevent serious loss later on. How about applying the same principle to your portfolio? Exiting the underperforming stock at the right time helps maximize your portfolio’s return. Tiffany & Company (TIF – Analyst Report), the jewelry retailer, is one such […]
Canadian Dollar Breaks Away From G10 Data Disappointment Trend
Fundamental Forecast for CAD: Bullish Canadian Dollar Strength Seen Continuing Into Q2 Canadian Dollar Positioning Warns That The USD/CAD May Fall Further Canadian Dollar May Find Renewed Strength If Oil Remains Elevated For more updates, sign up for Tyler’s e-mail distribution list. This range represents a fall of ~12.5% on the pair, and a lot of the move can be contributed to […]
Productivity Gains In U.S. Shale Oil
Horizontal fracturing of tight hydrocarbon-bearing formations was responsible for a phenomenal resurgence in U.S. oil production, which rose more than 4 million barrels per day from 2010 levels before peaking in April of last year. Monthly U.S. field production of crude oil in thousands of barrels per day, Jan 1973 to Dec 2015. Data source: Monthly […]
Crunch Time
Every day that goes buy I’m more surprised by this rally. But, it’s getting close to crunch time. Now it looks like the market is preparing to make a violent move (not that the 14% rally over the past six weeks hasn’t been violent). The question is, which direction? Take a look at 7 day […]
The Pitfalls Of Buying Gold And Silver Online, And How To Avoid Them
Back in 2014, online bullion dealer Tulving shocked its many customers by suddenly failing. See Coinweek’s story: How does $40M of Gold and Silver Disappear: The Collapse of Tulving Company Last week another one bit the dust: NW Territorial Mint seeks bankruptcy protection (Seattle Times) – Northwest Territorial Mint, a Federal Way company that sells precious […]
Forex Ranking, Rating And Score Week 14 / 3 April 2016
Welcome to my “Ranking, Rating and Score” article for the coming week, the article “Strength and Comparison” has also been published for this week. When looking at the Top 10 in the Weekly Ranking and Rating list we can see that for the coming week the following stronger currencies are well represented for going long: AUD(4X) followed by […]
Amazon>Alibaba
Indian e-commerce is growing significantly, providing huge opportunity for Amazon and other retailers. New Indian regulations may pose a challenge; however, Amazon is facing these head-on. Amazon continues to take over more of its own shipping services worldwide, which could cut losses.Competitor Alibaba announced slowed growth and is battling counterfeit goods that have proliferated on its platforms. […]
