Category Archive: Finance

China Trims Growth Target

China Trims Growth Target

It must never be forgotten that China is the world’s last remaining communist super-power. At the heart of the communist philosophy is the belief that ultimately, the people are in a struggle with capitalism which must be overthrown to establish a communist panacea across the world. The “experiment” that China is engaging with via its […]
5 Best Dividend Paying Mutual Funds To Buy In March

5 Best Dividend Paying Mutual Funds To Buy In March

Several eminent economists believe that without a concrete budget plan or legislative strategy, President Donald Trump’s pro-growth agenda could turn out to be what Silicon Valley calls ‘vaporware’ or promises without a product. The tepid pace of growth of the U.S. economy in the fourth quarter coupled with stretched valuations are making bulls skittish and […]
Crude Oil Looking For Buying Area

Crude Oil Looking For Buying Area

Short term Elliottwave view in Crude Oil (CL_F) suggests that the instrument is currently correcting cycle from 11/14/2016 low (42.21) in 3, 7, or 11 swing before the next leg higher. The decline starting from 2/23 high (54.94) is unfolding as a double three Elliottwave structure where wave ((w)) ended at 52.54 and wave ((x)) ended at 53.80. Near […]
What (Or Who) Is “Sarbanes-Oxley”?

What (Or Who) Is “Sarbanes-Oxley”?

Way back in 2002, you may remember something about a company called Enron, a company called WorldCom, and one of the big 5 (now 4) auditing firms, Arthur Anderson. In a very broad nutshell, Enron and WorldCom intentionally deceived investors into believing that they were making a lot of money when in reality the company was […]
Stocks Watchlist: CIEN, DOW, BLL

Stocks Watchlist: CIEN, DOW, BLL

We could be in for an interesting day on the stock market if the closing price action is any indication. Bulls still have control of this market on the daily charts, but the bears intraday finally showed some signs of life today. Keep an eye out for that and make sure to keep.  Here’s the […]
Sensex Slip On Profit Booking, Metal Index Down 1.8%

Sensex Slip On Profit Booking, Metal Index Down 1.8%

After opening the trading day on a cautious note, Indian markets witness selling momentum in morning trade amid weak global markets. Losses are largely seen in oil & gas stocks and metal stocks. The BSE Sensex is trading lower by 140 points and the NSE Nifty is trading lower by 42 points. The BSE Mid Cap index is trading down by 0.5% while the BSE […]
Nimble Stock Soars 46% On $1 Billion Takeover Offer

Nimble Stock Soars 46% On $1 Billion Takeover Offer

Nimble Storage Inc. (NMBL – Free Report) skyrocketed by 46% to $12.58 yesterday after Hewlett Packard Enterprise (HPE – Free Report) announced their $1 billion acquisition of Nimble. Founded in 2007, Nimble is headquartered in San Jose, CA. The technology company makes flash-optimized storage devices and a combination of hard disk and flash drives. The flash storage device technology tends to […]
Asian Stocks Continue Climb As Wall Street Continues To Fall

Asian Stocks Continue Climb As Wall Street Continues To Fall

Asian stocks moved higher on Wednesday morning following positive Chinese trade data that showed signs of a strengthening global economy. China’s imports expanded 44.7 percent in February from the prior year, a growth that piggybacked off of January’s growth and caused an unusual trade deficit in China. The country’s exports rose 4.2 percent. A near […]
Japan Dumps US Debt In Longest Streak Since June 2013

Japan Dumps US Debt In Longest Streak Since June 2013

As you’re no doubt aware, Japanese investors have been dumping US debt. “Data from Japan’s Ministry of Finance confirmed this past week that Japanese investors sold around ¥1.3 trillion ($11.52 billion) in foreign bonds between Jan. 21 and Jan. 28, taking net sales for the past 12 weeks to more than ¥3.7 trillion, the largest […]
5 European Stocks To Buy As Trump Rally Weakens

5 European Stocks To Buy As Trump Rally Weakens

The market rally finally seemed to flag on Monday and the Dow fell below 21,000 for the first time since breaching this barrier on Mar 1. Geopolitical tensions and fresh allegations made by President Trump against his predecessor combined to drag stocks lower. Also adding to investors’ worries was an imminent rate hike, following indications […]