Another Brutal Monday
One of the challenges of managing money is the (increasingly-frequent) need to translate non-financial tragedies into action to protect clients and, yes, profit from the broader world’s horror. So while most people react to events in Paris with stunned sympathy and/or impotent rage, the financial community is deciding what to buy and sell. And right […]
Patiently Waiting While Risk Rises
Last week I mentioned that 7 day momentum calculated from Twitter for the S&P 500 Index (SPX) needs to hold above it’s last low to show that the bulls aren’t jumping ship. This week the last low is holding, but just barely. The rising trend of sentiment has been broken and 7 day momentum is […]
Facebook, Google Are Q3 Ad Winners, Twitter, Yahoo Big Losers
By Michelle Jones The overall U.S. advertising industry was better than expected, but not all companies equally benefited. Unsurprisingly, Facebook (FB) and Google (GOOG) dominated as digital advertising is going strong. Interestingly though, while TV ad spend was higher than expected, Twitter (TWTR) and Yahoo (YHOO) still managed to lose out compared to TV advertising even though […]
Knees And Toes
We’ll know about eight hours after I’m typing this what the market’s initial reaction to the terrorist attack on Friday is, but as for now, people seem to think (oddly) that it’s bullish. Umm, I’m not a very bright bulb, but I don’t understand the logic there. Well, logic left the building seven years ago, […]
Eros International Plunges Further And Triggers Adjustments On The “Binary Trade”
Eros International (EROS) faced the public and once again failed to deliver reassurance. EROS management attended the Wells Fargo Technology, Media & Telecom Conference on November 11, 2016, and the stock promptly plunged. By the end of the day, the carnage totaled to a 26% loss. On the 13th, the selling resumed. I guess EROS […]
Weekly Forex Forecast – 11/15/2015
EUR/CHF The EUR/CHF pair initially fell during the course of the week, but found enough support just below the 1.08 level to turn things back around and form a hammer. That hammer is similar to the hammer from the previous week, and I believe it’s only a matter of time before we see the buyers […]
Biotechs Send Buy Signal
If you were searching for a one-word summary of biotechnology stock performance in September it would be “bloodbath.” On September 21, biotechs fell 6% following a tweet from presidential candidate Hillary Clinton in support of strict drug pricing legislation. Clinton was responding to the 750% price increase of the HIV drug Daraprim by Turing Pharmaceuticals. The […]
International Economic Week In Review: The Slowdown Gains Traction
The OECD is the latest organization to issue a report with downward global growth projections: Global growth has eased to around 3% this year, well below its long-run average. This largely reflects further weakness in EMEs. Deep recessions have emerged in Brazil and Russia, whilst the ongoing slowdown in China and the associated weakness of commodity prices […]
5 Undervalued Companies For Value Investors With A High Beta – November 2015
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five undervalued companies for value investors reviewed by ModernGraham with the highest beta. A company’s beta indicates the correlation at which its price moves in relation to the market. A beta greater than 1 indicates a […]
EURUSD: Above 1.0673 Zone Leaves Threats To The Upside
EURUSD: With EUR struggling to close marginally higher the past week, risk of a recovery higher is not over yet. This development leaves the 1.0673 zone providing support and leaving threats to the upside. Support comes in at the 1.0700 level but if violated, expect more weakness to occur with eyes on the 1.0673/50 levels. […]
