USD/JPY Forex Signal – March 31, 2016
USD/JPY Signal Update Yesterday’s signals were not triggered. Today’s USD/JPY Signals Risk 0.75% Trades must be entered between 8am New York time and 5pm Tokyo time only. Short Trade 1 Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 112.91. Place the stop loss 1 pip […]
The Smell Of Dryer Powder In The Morning
It takes a certain, shall we say a more stalwart, kind of a person to willingly endure a second showing of certain movies some find unsettling. Deliverance, The Silence of the Lambs and Taxi Driver all come to mind. So too does Apocalypse Now, one of the most stunning cinematographic accomplishments of the 20th Century […]
Millennial Consumers Love These 3 Food Stocks
Millennials, or Generation Y, are simply defined as persons born in the 1980s and 1990s. Their economic impact, however, is not so simple. Millennials are turning out to be the core demographic for many different companies across many different industries. They are the ultimate trendsetter, and companies are frequently tweaking business ventures and advertising campaigns to appeal […]
Country Profile: Australia
Australia or the “Land Down Under” is the world’s biggest island and is one of the major economies. It is a highly services-oriented economy, with 70% of its GDP coming from industries such as finance, education and tourism. It is also heavily dependent on its raw material exports, which explains why its economic growth is […]
S&P 500 And Nasdaq 100 Forecast – March 31, 2016
S&P 500 The S&P 500 rose during the course of the session on Wednesday, breaking above the 2060 handle. That being the case, it looks as if the market is ready to go higher. If we pullback from current levels, there should be plenty of buyers below, and with a supportive candle it’s more than […]
Higher Minimum Wages Could Crater Your Portfolio – Unless You Own Companies Like This One
California legislators made headlines Monday when they passed a $15 per hour minimum wage that marks the largest deal to date in the national fight for higher working wages. The thinking is that legions of poorly paid workers will be able to suddenly afford a higher standard of living and pay their way through life. […]
UK GDP Revised Up To 0.6% – GBP/USD Breaks Resistance
Revisions are not that common with UK GDP figures, but when they do appear, the impact is notable. Growth was revised up from 0.5% to 0.6% q/q for the fourth quarter of 2015 and year over year, it was also pushed higher from 1.9% to 2.1%. GBP/USD breaks back above 1.4365 to 1.4387, completing a 60 […]
Weekly Heating Oil Price Update: U.S. Average Unchanged, Last Update Of Season
Written by Jill Mislinski With winter at a close, we are at the end of the heating oil season. This year’s winter was warmer than average and saw a continued drop in heating oil prices, but with a slight uptick toward the season close. The end-of-season jump in prices reflects the crude oil uptick we’ve seen […]
Silver Lows – Silver Ratios
Silver prices as this is written (March 23) are down 60 cents on the day. Scary … no, probably a normal correction. Yes, paper silver prices on the COMEX are “managed” for the benefit of traders, banks and others large enough to manipulate the prices.It makes sense that if a bank, which owns the regulators and can […]
Oil “Redetermination” Season Looms
Video Length: 00:11:46 Earnings estimates for the first quarter of 2016 are projected to show a decline of 10% in year-over-year growth. Take away the impact from decimated Energy sector profits and the picture is a little brighter at only minus 5% “growth.” Second quarter estimates still retain some optimism because, after all, things may […]
