Gold Remains Bullish Above 1145 – 1140
Daily Forex Market Preview, 05/02/2016 The markets were unrelenting yesterday as EUR/USD posted new monthly highs including Gold while USD/JPY continued to fall back to below the 117 handle. The January payrolls report from the US is due today which is likely to be key to either further weaken or help the US Dollar recoup […]
Daily Market Analysis Video – February 5, 2016
On Friday, we get the all-important jobs number out of the United States, and that of course will have the market focusing on the United States, however, don’t forget that this tends to move the markets in general, so more than likely we will get a knock on effect everywhere. 1 – At this point […]
Market Talk – February 4, 2016
Japan was again the talking point of the session with yet another down day. Initially, the index opened up 0.5% but it was just a matter of time until the sell orders hit the screens again and we were all looking for the bid. The stronger Yen was one reason being provided and we did […]
E Pundits ‘Hunting’ For ‘Signs Of A Bear’
Pundits ‘hunting’ for ‘Signs of a Bear’ are almost in a frenzy debating how many days a bearish trend lasts over, and whether it’s absent or in-anticipation of, a ‘recession’ starting. Of course history is quite replete with examples and a slew of variations; so the exercise in mapping-out expectations seems futile. That’s so, in […]
Robust Job Growth Doesn’t Make Sense And The Numbers Show Why
With the BLS’s release of Q4 productivity figures, we get to check the BLS’s estimates just in time for tomorrow’s increasingly irrelevant payroll report. That much has become thoroughly apparent especially since the middle of last year as the Establishment Survey and unemployment rate only diverge with the overall breadth of economic indications. With GDP no longer corroborative, […]
A 2016 Recession Would Be Different
If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very different relative to previous recessions. 1. The Yield curve would be very steep. Unlike in any previous recession when the yield curve was flat or inverted. 2. The real federal funds rate (or the ECB real repo […]
Not Preventing Market Losses? You Better Start Now
What’s more important? Making gains in the stock market or preventing losses? Before answering that question, let’s list a few common fallacies about risk: The full spectrum of market risk can be accurately defined in a single magic formula or statistic Long-term investing always guarantees success, so go ahead and take all the risk you’d […]
Qorvo Beats Q3 Earnings Estimates, Misses On Revenue
Qorvo Inc. (QRVO – Analyst Report) just released their third quarter fiscal 2016 earnings results, posting earnings of $0.82 and revenue of $619.7 million. Currently, QRVO has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below. […]
EURUSD Looks For More Bullishness
EURUSD: Having continued to strengthen, EURUSD looks for more bullishness in the short term. On the downside, support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will aim at the 1.1000 level. Conversely, on the upside, resistance […]
Tableau Software Inc. Plunges 35% On Disappointing Earnings
Shares of Tableau Software Inc. (DATA) were down a staggering 35% in after hours trading on disappointing earnings, and shocking many investors and analysts. Indeed, shock might be an understatement here. Jefferies stated before the earnings announcement: We expect Tableau Software to report solid 4Q sales, driven by international expansion and strength in big deal activity. There will likely […]
