Archives by Month:

Archives by Year:

GBP/JPY Forecast: British Pound Continues To Rally Against Yen Despite Bank Of England 
                    
Technical Analysis

GBP/JPY Forecast: British Pound Continues To Rally Against Yen Despite Bank Of England Technical Analysis

 Technical AnalysisThe technical analysis for the GBP/JPY pair is fairly straightforward in the sense that we have been in a massive uptrend for months, and of course we have seen the 50-Day EMA act as a trend line quite perfectly since the beginning of the year. In other words, every time we pull back, I’ll be looking […]
Bear Of The Day: PENN Entertainment

Bear Of The Day: PENN Entertainment

Image Source: Unsplash  PENN Entertainment (PENN – Free Report), a Zacks Rank #5 (Strong Sell), provides integrated entertainment, sports content, and casino gaming experiences. It operates online sports betting and an online casino under brands such as Hollywood Casino, ESPN BET, and theScore Bet Sportsbook.The company’s portfolio also includes PENN Play, a customer loyalty program that offers a […]
Oil Price Analysis: Falling In A Channel Over The Short-Term

Oil Price Analysis: Falling In A Channel Over The Short-Term

Oil is falling in a descending channel on the short-term horizon.  Within the channel it is currently correcting higher, however, it is likely to capitulate and resume its downtrend.  Only a decisive break out of the channel would reverse the short-term bearish outlook.  Oil price is trading higher, exchanging hands in the 79.50s at the […]
Monetary Easing Tends To Be Contagious And No Quick Fix

Monetary Easing Tends To Be Contagious And No Quick Fix

Image source: Pixabay  This week, the Swedish central bank followed Switzerland in becoming the second G10 nation to ease base rates in the banking system. Both cited weakening economic activity.The Bank of Canada is expected to follow suit this summer, with 45% of outstanding Canadian mortgages up for renewal this year and next. Most were taken out […]
Bitcoin Price And Resistance Zone Around The $64000 Level

Bitcoin Price And Resistance Zone Around The $64000 Level

Bitcoin chart analysisBitcoin, a key player in the cryptocurrency market, saw a significant retreat on Thursday, dropping to the $60,634 level. However, this was not a cause for alarm as the market quickly provided support at this level, initiating a positive consolidation. The price then surged above the $62500 level, bolstered by the EMA200 moving […]
What Economic Research Do Policymakers Want?

What Economic Research Do Policymakers Want?

Image Source: Pexels  The obvious answer is that policymakers want research that supports their personal and political preferences. Conversely, policymakers don’t want research that might pressure them to change their views.But with that central truth duly noted, situations often arise where policymakers have an overall goal, but the details of how to achieve that goal, or […]
Copper Market Commentary – Friday, May 10

Copper Market Commentary – Friday, May 10

Copper Breaks OutCopper prices were seen breaking out to their highest levels in two years today. A combination of a weaker US Dollar and developments within the Chinese macro backdrop have helped fuel a fresh wave of buying. Copper futures are now up around 30% off the YTD lows and look poised for further gains […]
Air Products And Chemicals Inc. Dividend Stock Analysis

Air Products And Chemicals Inc. Dividend Stock Analysis

Image Source: Pixabay  Linked here is a detailed quantitative analysis of Air Products and Chemicals Inc. (APD). Below are some highlights from the above linked analysis:Company Description: Air Products and Chemicals Inc. is a major producer of industrial gases, electronics, and specialty chemicals also has interests in environmental and energy-related businesses.Fair Value: In calculating fair value, I consider the NPV […]
Natural Gas Prices Are Rising Amid Falling Inventories

Natural Gas Prices Are Rising Amid Falling Inventories

Image Source: Pixabay  Yesterday, the Dow Jones Index (US30) gained 0.85%, the S&P 500 Index (US500) added 0.51%, and the Nasdaq Technology Index (US100) closed positive 0.27%. Stock index prices found support on Thursday as bond yields fell after US weekly jobless claims rose more than expected to an 8-month high, boosting hopes that the Federal Reserve will soon cut interest rates earlier.US weekly jobless […]
AUD/USD Price Analysis: Pausing Within New Uptrend

AUD/USD Price Analysis: Pausing Within New Uptrend

AUD/USD is trading in the 0.6610s on Friday after pulling back from resistance at the 0.6624 barrier. The pair is probably in a short-term uptrend, evidenced by the rising sequence of peaks and troughs since the April 19 lows, visible on the 4-hour chart  AUD/USD 4-hour Chart Given the old saying that “the trend is your friend” the […]