Category Archive: Finance, No picture
The Dangerous Game Both Powell And Trump Are Playing
Chris Temple kicks off today with a recap on Fed Vice-Chair Richard Clarida speech this morning. The real focus will be on the G20 meeting at the end of this week and the Fed meeting in December. As Chris states both Powell and Trump are playing dangerous games but is one of them more oblivious […]
The Key Levels To Trade Right Now
We’re into a critical price level and what happens here determines whether or not we’ll trade bullishly or bearishly for the rest of the week. In tonight’s video, Corey Rosenbloom walks you through the reasons why 2,680 is our key short-term planning level in the /ES and then what two targets we’ll be targeting for […]
Top 5 Charts Of The Week – Tuesday, Nov. 27
This week we look at the following charts and themes: Global PMI vs Bond Yields – the composite manufacturing PMI is pointing to a possible move lower in bond yields. Developed Market PMIs – gone from synchronized strength in 2017 to asynchronous apathy in 2018. Global trade growth (EM vs DM) – EM growth is […]
Top Stock Picks For This Week – Tuesday, Nov. 27
Video Length: 00:10:16 Illumina, Inc. (ILMN – Free Report), is a biotech company which provides tools and integrated systems for analysis of genetic variation and function. Sometimes referred to as the NASA of Biotech & Genetics because they make the starships for exploring the genome. In the past six months, Illumina has outperformed its industry. Additionally, improving margins […]
The Holiday Shopping Season Is Off To A Strong Start, But Is This Level Of Consumer Spending Sustainable?
A discussion about the most recent downturn in Bitcoin which was hovering around its peak last Thanksgiving, and everything around the holiday shopping season including early results from Black Friday and Cyber Monday, what categories are shaping up to be the most popular, how tariffs will affect retail, and how new apps such as Spring […]
EUR/JPY Weekly Technical Outlook: Euro TurnsAat Multi-Year Support
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Euro has fallen nearly 5.5% year-to-date against the Japanese Yen with price reversing just ahead of multi-year uptrend support this week. Here are the key targets & invalidation levels that matter on the EUR/JPYweekly chart heading into the […]
“It’s Going To Be Devastating”: GM Cost Cuts Hit Home In Ohio
The massive job cuts announced by General Motors have been the talk of the financial media since they were announced on Monday. Not only did the news trigger a buying frenzy of GM stock among trading desks, it also quickly made its way to the factory floors at places like Northeast Ohio, as workers found […]
Bitcoin Near Support, Bitcoin Cash Crash: Where To From Here?
Technically speaking, the chart of Bitcoin looks godawful. Each bounce has been feeble compared to the prior decline. The above chart is from yesterday but it hasn’t changed much. Bitcoin is $3797 as I type. It bounced from around this level a couple days ago to $4125 and here we are again. The first level […]
Emerging Markets On A Rebound? 5 ETFs Seeing Big Inflows
After a steep selloff triggered by trade tensions, a strong dollar, China’s economic slowdown, and crisis in Argentina and Turkey, emerging markets regained momentum as investors are betting hugely on their rebound in the coming months. In fact, this has pulled in billions of dollars into emerging market ETFs. Per Bloomberg report, U.S.-listed ETFs that […]
NZD/USD Rate Struggles Ahead Of RBNZ Financial Stability Report
NEW ZEALAND DOLLAR TALKING POINTS NZD/USD struggles to hold its ground ahead of the Reserve Bank of New Zealand’s (RBNZ) Financial Stability Report as updates to the Balance of Payments (BoP) shows a larger-than-expected trade deficit for October, and the advance from the monthly-low (0.6514) may continue to unravel over the coming days as the bullish […]
