Category Archive: Finance
Gold Rises To Six-Week High After Fed Statement
Gold prices rose $10.65 an ounce on Wednesday, hitting the highest level since July 15, as the dollar slipped after the Federal Open Market Committee kept interest rates unchanged. The U.S. central bank also signaled that it could launch its plan to start winding down its massive holdings of bonds. “The Committee expects to begin […]
The US Dollar – Looking For A Bounce
Recent Price Action The US Dollar Index (DXY) continued to move lower this week having lost another 1.4% from the previous weeks close. This continued move lower came after the DXY had already lost over 8% from the highs that were struck in January. While the Dollar is still getting hammered on both the charts […]
S&P 500 And Nasdaq 100 Forecast – Thursday, July 27
S&P 500 The S&P 500 initially was slightly negative during the day on Wednesday, but as the Federal Reserve FOMC statement was coming due, buyers started pushing the S&P 500 higher. Later in the day, we pulled back, as traders would have taken risk off ahead of the volatile announcement. However, when I look at […]
India Stock Bull Market Very Bullish As Nifty 50 Crosses 10,000 Points
The Nitfy 50 index representing the stock market in India crosses 10,000 points. It now trades at all-time highs, and is poised to go much higher in the 24 months ahead. No surprise, InvestingHaven‘s research team forecasted this strong bull market last year in several articles, one of which India Stock Market Outlook For 2017, and, last […]
Liquidity, The NFCI, And Leverage
If you want to trade macro, you need to understand liquidity. PTJ, Druck, Soros, Dalio — all these legends have expressed this fact multiple times. Liquidity is what moves markets. This is even more true now than in the macro heydays of the 70s and 80s. With the rise of “blind investing” in the form of passively buying and […]
Hilton Reports Exceptional Second Quarter Results, Raises Full Year Outlook
Hilton Worldwide Holdings Inc. (HLT), a leading global hospitality company with a portfolio of 14 world-class brands comprising more than 5,000 properties with over 825,000 rooms in 103 countries and territories reported exceptional second quarter fiscal results. The company’s portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by […]
The Fed Remains On Course – To Trouble
The Federal Reserve (Fed) is widely expected to continue to tighten its monetary policy this year. According to a latest Reuters Poll, the Fed is likely to start shrinking its US$4 trillion balance sheet in September and, moreover, raise further its key interest rate, which is currently standing in a range of 1.0 to 1.25 […]
Why This Iconic 5.2% Yielder Is On The Verge Of A Downgrade
Since I reviewed Ford’s (NYSE: F) dividend safety a year ago, the stock has received an upgrade. Last year, the rating was not particularly high due to declining cash flow and the fact that it eliminated its dividend in 2006. The recent upgrade occurred because the elimination of the dividend aged out of the system. One of […]
U.S. Recession Probability Low After Fed’s July 2017 Meeting
The Federal Open Market Committee (FOMC) are the decision makers at the Federal Reserve who meet every six weeks to decide how to set short term interest rates in the United States. They held their most recent meeting on Wednesday, 26 July 2017 where, frankly, they didn’t decide on very much…. The Federal Reserve kept interest rates unchanged on Wednesday […]
FOMC July Meeting – Three Things We Have Learned
FOMC July Meeting – Three things we have learned The two-day FOMC meeting concluded yesterday with the release of the monetary policy statement. With no press conference scheduled, the markets were widely expected to see no changes. As expected the US Federal Reserve kept the policy rate unchanged. The Fed also maintained that it would […]
