Waning U.S. Consumer Confidence To Fuel EUR/USD Resilience
Trading the News: U.S. Consumer Confidence A downtick in the U.S. Consumer Confidence survey may spark fresh 2017-highs in EUR/USD as mixed developments coming out of the real economy dampens bets for an imminent Fed rate-hike. Why Is This Event Important: Narrowing expectations for higher borrowing-costs may continue to dampen the appeal of the U.S. dollar as Fed […]
Discussing Portfolio Management With Two ETF Strategists
Last week on our podcast we had the pleasure of speaking with two exchange traded fund (ETF) strategists live in our studio for the hour—Steve Blumenthal, founder of CMG Capital Management, and Corey Hoffstein, Founder and Chief Investment Officer of Newfound Research. Both Steve and Corey are quantitative investment managers and both incorporate elements of […]
North Korea Turmoil: Europe Tumbles To 6 Month Lows As Euro Surges Above 1.20; VIX, Havens Surge
“Financial markets think the only realistic option for the U.S. and North Korea will be to sit down and talk at some point because other options are too costly for everyone involved. But no one can rule out the risk of accidents. Markets think the chicken game will continue for now and North Korea will […]
Bitcoin/USD Forex Signal
Yesterday’s signals were not triggered as none of the key levels were ever reached. Today’s BITCOIN/USD Signals Risk 0.75% per trade. Trades must be taken before 5pm New York time today. Long Trades Go long after a bullish price action reversal on the H1 time frame following the next touch of $4185.67, $4041.91 or $3985.44. Put […]
Finish Line Downgraded To Sell From Neutral At Citi
Citi analyst Kate McShane downgraded Finish Line (FINL) to Sell and cut her price target for the shares to $5 from $14 after the company preannounced a Q2 miss and cut its outlook for the year. The shares in premarket trading are down 26%, or $2.71, to $7.71. The marketplace for athletic footwear became more […]
Safe Haven Demand Pauses
The Japanese Yen is just easing off earlier peaks versus the US Dollar; the Yen earlier hit a 4-month peak after a missile fired from North Korea passed over Japan, only the latest provocation by North Korea which has increased regional tensions. Safe haven currencies, including the Japanese Yen and the Swiss Franc, are often […]
EUR/USD: Triple Top Model Nearing Completion
Previous: On Monday, the 28th of August, trading on the euro closed up. Buyers didn’t manage to reach 1.20, but renewed the Asian high from 1.1960 to 1.1986. Markets continue to feed off Janet Yellen’s and Mario Draghi’s speeches at Jackson Hole while the media is playing up Hurricane Harvey, saying that it is having a […]
CEO’s Best Beginner Stock Tips
I’ll be honest, investing on your own is not easy for many people, in fact it can be terrifying. That being said, there is no reason why it shouldn’t be attempted by everyday people; in fact, it should be highly encouraged. This piece is inspired by an article interview from Business Insider with M1 Finance CEO, […]
Wesco Aircraft, Discarded Value In A Market Of Increasing Risk And Uncertainty
Wesco Aircraft (WAIR) sparked my interest after ranking value attributes for a basket of over 3,000 companies. At first, it was the large debt reduction since 2014. Then the aggressive and historical outsized insider buying over the past two months, mean reverting stock performance with a -44% 52-week price change near 52 week low. Enterprise […]
