Category Archive: Finance
Gold Slips Ahead Of Fed Statement
Gold prices fell $5.03 an ounce on Tuesday as equities gained and the dollar rallied after the Conference Board reported that its consumer confidence index jumped to 121.1 from 117.3 the prior month. The support at 1250 initially held yesterday but finally was broken. Consequently, XAU/USD retreated to test the 1247/6 as anticipated. Focus is […]
Redfin IPO, Tech Company Changing Real Estate Industry
Real estate brokerage Redfin Corp. (Pending:RDFN) filed an S-1/A with the Securities and Exchange Commission detailing its upcoming initial public offering. The IPO is expected to place on Friday, July 28. Since its launch in 2004, Redfin has grown to be the #1 visited brokerage site in the US. Through its IPO, the company aims to raise […]
Chipotle Reports Improved Earnings
Chipotle Mexican Grill, Inc. (CMG), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions. As of December 31, […]
Blue Chip Stocks In Focus: Emerson Electric
At Sure Dividend, we define blue chip stocks as companies with 100+ year operating histories and 3%+ dividend yields. While there is no ‘perfect’ definition of a ‘blue chip stock’, we believe these criteria fit the term’s intended meaning for the following reasons: A long operating history indicates that a company’s business model can endure […]
Dollar Index Falls To 13-month Low On Fed Worries
The US Dollar Index remained close to a 13-month trough as FX traders hold onto the sceptic’s view that the Federal Reserve Bank will do little to impact the greenback’s weakened trend. Analysts believe that the Fed will maintain the interest rate at the current level, however the market’s attention will be on any clues […]
US Dollar May Struggle To Capitalize On Confident FOMC Stance
The Australian Dollar fell as disappointing second-quarter CPI data pushed back against RBA rate hike speculation. Central bank Governor Philip Lowe echoed the dovish sentiment outlined by his deputy Guy Debelle last week as expected, compounding selling pressure. The New Zealand Dollar advanced, moving inversely of retreating front-end US Treasury bond yields. The move looks corrective after US borrowing costs rose yesterday […]
How Much Do You Need For Retirement?
If you’re in the dark about how much you’ll need in savings/investments for retirement, you’re not alone. Juggling an unknown life expectancy, medical expenses, surprise big-ticket items, and being in an environment with unpredictable inflation and interest rates is a daunting task. And most don’t have a clue how much they’ll need to survive it […]
AUD/USD Pulled Back From 0.7989
Under pressure by the top trend line of the price channel on its monthly chart, AUD/USD pulled back from 0.7989 and moved sideways in a narrow range between 0.7875 and 0.7989. As long as the 0.7830 support holds, the sideways movement could be treated as a consolidation of the uptrend from 0.7571. Another rise towards […]
Blue Chip Stocks In Focus: Chevron
Over the past several decades, human energy consumption has grown exponentially. For this reason, it is very unsurprising that there exist many high-quality energy businesses in our blue chip stocks database. To be a member of the Sure Dividend blue chip stocks database, a company must: Have a 100+ year operating history Pay a 3%+ […]
Wall Street Agrees On When The Bull Market Will Finally End
US stock indexes remain at record highs, and volatility near its lows, despite signs that their record setting run is losing steam as it becomes increasingly dependent on a narrow band of stocks. Indeed, signs that the rally is running on fumes have convinced portfolio managers and Wall Street strategists that the second-longest bull market […]
