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EUR/USD Price Analysis- Losses Likely To Be Limited, Levels To Know

EUR/USD Price Analysis- Losses Likely To Be Limited, Levels To Know

EUR/USD is in retreat but price continues to hold within the monthly range. The recent sell-off is now approaching initial support targets with a move lower to ultimately offer more favorable buying opportunities. EUR/USD DAILY PRICE CHART Technical Outlook: EUR/USD has carved out a well-defined monthly opening range just above former slope resistance, now support. Price has […]
Vericel – Chart Of The Day

Vericel – Chart Of The Day

The Chart of the Day belongs to Vericel (VCEL). I found the biomedical stock by using Barchart to sort today’s New 52 Week High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.Next I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy […]
Trade Deficit Unexpectedly Widens (And It Will Get Worse)

Trade Deficit Unexpectedly Widens (And It Will Get Worse)

The trade deficit widened to $-74.4 billion from $-72.3 billion. Economists expected the deficit to shrink slightly. The Econoday consensus expected the trade deficit to shrink to $-71.3 billion. Instead, the Census Bureau Advance Trade Report shows the deficit rose to $-74.4 billion with December revised to $-72.3 billion. In January, exports declined 2.2%. Exports of goods for January […]
Richmond Fed Manufacturing Survey Surged In February 2018

Richmond Fed Manufacturing Survey Surged In February 2018

Of the five regional Federal Reserve surveys released to date, all are in expansion. Analyst Opinion of Richmond Manufacturing The important Richmond Fed subcategories improved, The internals are better than last month,.Please note: Starting with the February 2018 data release, we will be reporting additional variables. Historical data files have been changed accordingly. Market expectations […]
U.S. Economy An Emerging Market?

U.S. Economy An Emerging Market?

Cycles Not In Tune The developed markets are likely a couple years away from the end of their business cycle, while emerging markets are just recovering from their recession. India and Brazil had weak economies in 2017. They’re looking to see acceleration in 2018. The countries which export commodities are probably going to have a […]
What Are Typical S&P 500 P/E Multiples Under More Normal Interest Rate Environments?

What Are Typical S&P 500 P/E Multiples Under More Normal Interest Rate Environments?

The U.S. stock market has been skittish lately, largely on fears of higher interest rates. As new Fed Chairman Jerome Powell takes over for Janet Yellen, and Congress passes multiple pieces of legislation that will swell the budget deficit, investors are getting more nervous about higher rates. What is amazing about this dialogue is that […]
Recent Stock Purchase II February 2018

Recent Stock Purchase II February 2018

Looks like I decided to make another buy in February as quite a number of stocks still remain severely beaten down even though the general market is on an uptrend. By now you all know the sectors and specific stocks that many of us have been buying as of late as interest rate hike fears […]
Bond Vigilantes Are Out There – Here’s What You Need To Know

Bond Vigilantes Are Out There – Here’s What You Need To Know

Two weeks ago, when the January Jobs Report showed wage gains up 2.9% from a year ago, triggering inflation fears, the bond market freaked out and stocks started tanking. That’s behind us now. Or is it? Sure, stocks have recovered and the 10-Year Treasury yield is lower, but inflation fears are still out there – […]
Fitbit Inc. Stock Tumbles After Earnings, Guidance Disappoints

Fitbit Inc. Stock Tumbles After Earnings, Guidance Disappoints

Fitbit Inc. (NYSE: FIT) stock plunged to a new all-time low on Tuesday following the disappointing guidance included with the company’s Q4 2017 earnings report. The wearables maker continues to have difficulties turning a profit, and promotional activity took a bite out of its device average selling price. Analysts generally remain on the sidelines with […]
February Regional Fed Manufacturing Overview

February Regional Fed Manufacturing Overview

Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a representative for the larger national manufacturing health. They have been used as a signal for business uncertainty and […]