Category Archive: Finance, No picture
Finally Closing The Book On Harvey And Irma, Opening A New Economic Chapter To?
I, for one, am sick of still writing about 2017’s tropical season. It’s been well more than a year and yet we are just now finally moving past them. It would’ve been healthier and more honest had there been more appreciation for what they really were going to do for/to the US economy. Without any […]
The “Real” Goods On The October Durable Goods Data – Wednesday, Nov. 21
This morning, the Census Bureau posted the Advance Report on the latest Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation. Let’s now review Durable Goods data with two adjustments. In the charts below the gray line shows the goods orders divided by the Census Bureau’s monthly […]
Forget FAANGs, Invest In These Tech ETFs Instead
The so-called FAANG stocks — Facebook (FB – Free Report), Amazon (AMZN – Free Report), Apple (AAPL – Free Report), Netflix (NFLX – Free Report) and Alphabet (GOOGL – Free Report) — which were investors darling over the past decade, have seen terrible trading in the past six weeks. In fact, each of the five stocks has slipped into a bear […]
AUD/USD Rate Carves Bearish Series Following Lackluster RBA Minutes
AUD/USD pulls back from the monthly-high (0.7337) as the Reserve Bank of Australia (RBA) Minutes does little to sway the monetary policy outlook, and the advance from the 2018-low (0.7021) may continue to unravel as the exchange rate extends the series of lower highs & lows from earlier this week. AUD/USD RATE CARVES BEARISH SERIES FOLLOWING […]
A Focus On The US Markets And The Potential Of A Further Breakdown
(Audio length 00:10:57) Richard Postma always takes a levelheaded look at the markets. Whether it’s the metals, energy, or broad averages he lets the charts speak to him. Today we discuss the US markets and the potential of a further breakdown into year end and next year.
Thanks To Bank Loans
As Thanksgiving Day approached, we took the measure of the markets in hopes of finding something for which we could give thanks. Lemme tell ya, folks: Pickin’s are pretty slim. No matter how you slice the equity market—domestic or international, growth or value, utilities or industrials—it seems that all sectors are in the red for […]
Existing-Home Sales Up In October After 6 Months Of Declines
This morning’s release of the October Existing-Home Sales was down from the previous month’s revised figure to a seasonally adjusted annual rate of 5.22 million units. The Investing.com consensus was for 5.30 million. The latest number represents a 3.4% decrease from the previous month and a 4.1% decrease year-over-year. Here is an excerpt from today’s report from […]
Japan Governance: Pride And Punishment
The Tokyo public prosecutors’ arrest of Nissan’s Carlos Ghosn underscores a key principle of Japanese corporate governance: greed and manipulation for personal gain will not be tolerated. The arrest comes at a time when the leading business lobby, Keidanren, has embarked on an ambitious agenda for executive management and CEO leadership reform that focuses on […]
EUR/USD Price Outlook: Euro Threatens Breakout– Levels To Know
Euro has rallied more than 1.6% against the US Dollar since the yearly/monthly lows with price carving out a well-defined weekly opening-range just below technical resistance. Its decision time for the bulls- here are the updated targets and invalidation levels that matter on the EUR/USD charts. EUR/USD DAILY PRICE CHART Technical Outlook: In our latest EUR/USD Weekly Technical Outlook we noted […]
November 2018 Market Update – Trade War + Bitcoin
Stay calm. All is well in the markets. Remember this time last year Trump unleashed a massive tax cut. The tax cuts are what sparked the sugar rush of spending to this day. But things aren’t as powerful anymore on a year-over-year (yr/yr) perspective. Add in the blowback from tariffs and a whiff of uncertainty […]
