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EUR/JPY Elliott Wave View: Pullback Ended

EUR/JPY Elliott Wave View: Pullback Ended

Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally from Primary wave ((4)) low at 118.18 is unfolding as an ending diagonal Elliott wave structure where Intermediate wave (1) ended at 122.88. The subwaves of Intermediate wave (1) takes […]
Greenback Consolidates Losses As Yields Stabilize

Greenback Consolidates Losses As Yields Stabilize

The US dollar remained under pressure in Asia following the disappointment that the FOMC did not signal a more aggressive stance, even though its delivered the nearly universally expected 25 bp rate hike. News that the populist-nationalist Freedom Party did worse than expected in the Dutch elections also helped underpin the euro, which rose to […]
NYC Rents Need To Fall Up To 15% Says Billionaire Real Estate Investor

NYC Rents Need To Fall Up To 15% Says Billionaire Real Estate Investor

Billionaire real estate investor Richard LeFrak sat down with Bloomberg this morning and unloaded some rather disappointing predictions for New York real estate owners, namely that they should expect 10-15% rent reductions over the coming months/years. As we have several times as well, LeFrak said the pricing weakness will come courtesy of a massive oversupply of new apartment […]
Dollar Slides In Asia As Fed Comments Sink In

Dollar Slides In Asia As Fed Comments Sink In

On Wednesday, the U.S. Federal Reserve confirmed an interest rate hike of 25 basis points, sending U.S. stock prices broadly higher and confirming traders’ expectations, without giving any tangible hints towards future monetary policy. Nevertheless, according to a Reuters poll released on Wednesday, analysts expect at least two more rate hikes in 2017 and as […]
Dollar Bullish Or Bearish?

Dollar Bullish Or Bearish?

I have been bearish the Dollar expecting this downward move. Last night I closed all my Dollar short positions and today I’m opening Dollar longs. The Dollar index has reached the important 61.8% Fibonacci retracement and is looking ready for a bullish reversal. The Dollar index needs to reverse from current levels if my view […]
Pound, Franc Fireworks Unlikely On BOE And SNB Rate Decisions

Pound, Franc Fireworks Unlikely On BOE And SNB Rate Decisions

A Bank of England monetary policy announcement tops the calendar in European trading hours. Governor Mark Carney and company seem firmly locked in wait-and-see mode however, meaning the outcome may not offer a lasting lead to the British Pound. The UK economy looks relatively well-supported despite a run of softer data over the past month but Brexit-related worries […]
An Introduction To Vegan Investing

An Introduction To Vegan Investing

Now, I’ll save the nitty-gritty bits of the vegan investing process for another time, but the main thing that restricts financial advisers from working with vegans is that they simply do not know how to create such a non-diversified portfolio and still gain returns comparable to the stock market. As my post yesterday on focus […]
BriaCell Phase 1/2a Trial Underway

BriaCell Phase 1/2a Trial Underway

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. On March 15, 2017, BriaCell Therapeutics Corp. (TSXV: BCT) (BCTXF) announced that the U.S. FDA had granted clearance to initiate the Phase 1/2a clinical trial of BriaVax™ in patients with advanced breast cancer. This is […]
Top 10 Habits Of Millionaires For Building Wealth

Top 10 Habits Of Millionaires For Building Wealth

If building large amounts of wealth was easy, then almost anyone could do it. However, we know that only 6.4% of American adult population are millionaires, and the reality is that not all of those are self-made. What habits and practices helped this elite group in accumulating large amounts of wealth, and how can we […]