The Murky Waters Of Inferring Recession Risk From Bank Lending
The year-over-year growth in commercial and industrial lending peaked several years ago and is now decelerating at a steady pace. That could be a warning sign for the economy, but it could just as easily turn out to be noise. Although bank credit is a critical factor economic modeling generally, as a practical matter this […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, March 14
WTI Crude Oil The WTI Crude Oil market fell slightly during the day on Monday but turned around to form a bit of a hammer. That is a bullish sign and if we can break above the top of the candle, it’s likely that we will bounce from here. However, I believe that the $50 […]
Crude Oil Selloff May Resume On OPEC Report, API Data
Crude oil prices are taking a respite from last week’s blistering selloff. The lull may be short-lived however as a fresh batch of supply indicators cross the wires. The OPEC monthly report will show production estimates for February and help gauge if its coordinated supply cuts still some bite. API weekly inventory flow figures will help show if swing supply […]
Are High Net Tangible Assets Better Than Goodwill On A Balance Sheet?
There are two important sub-metrics for investors to understand on a balance sheet: net tangible assets and goodwill. Both of these figures make up part of a company’s total assets. The question here is twofold. Does it matter much if a high number of assets on a balance sheet come from net tangible assets vs. goodwill? […]
Brexit Takes Fresh Toll On Sterling, While Dollar Firms More Broadly
UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50. It is not clear what UK she will lead outthe EU. Scotland is beginning the legal proceedings to hold another referendum on independence. There is some talk that Northern Ireland, which voted to remain, might be allowed to rejoin the […]
Top 3 Large-Cap Growth Mutual Funds To Buy
Large-cap growth mutual funds provide excellent opportunities to investors who choose long-term capital appreciation over dividend payouts and are also interested in steady returns. Funds having significant exposure to growth securities are believed to provide higher returns. This is because growth stocks are high quality stocks with the potential for revenue and earnings growth at […]
Recent Stock Purchase March 2017
Half way through March and my first buys have finally been made. It’s been a wild ride on the way up post election and the momentum doesn’t seem to have slowed down one bit. Sure, the ‘pause’ button may have been hit with the Fed planning of raising interest rates but looking out longer term […]
E USD/JPY Intra-day View
It looks like that the USD/JPY found some support around the 50.0 Fibonacci ratio. The current bullish reversal higher may be the start of a new impulse. Ideally we are now looking at wave one being made, which is displaying qualities of a leading diagonal that may be in final stages. After the wave one […]
The State Of The Economy: Making Trades Count
Wall Street analysts received a welcome surprise on Friday 10th March when unemployment numbers were reported. A figure of 4.8% unemployment was forecast, but an actual figure of 4.7% came in. The unemployment rate ranks among the best since December 2016 and adds plenty of momentum to calls for multiple rate hikes in 2017. The total […]
E Should Small Businesses Worry About More Rate Hikes?
The US Federal reserve announced in December that there could be three interest rate hikes in 2017, and the first one is now expected to come this week. This is due to the impressive non-firm payroll numbers that came in last week. The US jobs data posted 235,000 jobs in February thereby beating the expectation […]
