Category Archive: Finance, No picture
Weekly Gasoline Price Update: WTIC Down Almost Ten Cents
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down seven each from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.75 and Oklahoma has the cheapest at $2.20. The WTIC end of day spot […]
AUD/USD Weekly Analysis – Tuesday, Nov. 27
AUD/USD is facing 0.7201 support, a breakdown below this level could take the price to 0.7100 area. Resistance is at 0.7277, only a break of this level would indicate that the downside movement from 0.7337 had completed at 0.7201 already, then another rise towards 0.7400 could be seen.
Ben Jones: The Housing Bubble Is Popping Right Now
As we’ve been tracking here at PeakProsperity.com, the housing market is starting to look quite ill. After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bubble-highs. Has the Housing Bust 2.0 begun? If so, how bad could things get? And what steps should […]
One Look At This Simple Indicator Reminds Us That We Still Must Be Careful
I want to thank you for reading these pages. It is my honor to have the privilege of writing my thoughts about the markets for you. I am thankful that hundreds of thousands of you care enough about your investments to have an interest in those thoughts from time to time. I know that my message […]
EUR/USD Suffers As China And The Us Do Not Near An Accord
EUR/USD is battling 1.1300 as the mood dampens once again. A Chinese report on an agreement on trade was quickly denied. The technical picture is getting worse for the pair. EUR/USD is trading closer to 1.1300, down on the day. After an upbeat market mood on Monday, things look different on Tuesday. US President Donald Trump […]
E Daily Stock Pick: Ford Motor Company
This week, I’m seeking the second robust dividend-paying stock from the consumer cyclical business sector for my Ivy portfolio. That cyclicals sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises. Today I’m reviewing […]
World Markets Update – Tuesday, Nov. 27
Two of eight indexes on our world watch list have posted gains through Monday, November 26, 2018. The top performer this year is India’s BSE SENSEX with a gain of 5.80%. In second is our own S&P 500 with a gain of 0.64%. In third is Tokyo’s Nikkei 225 with a loss of 4.15%. Coming […]
Cyber Monday Optimism: Amazon Will Get Half Of Retail Earnings Growth
Online sales are stealing the show this holiday shopping season. Amazon is pressuring brick-and-mortar profits. Cyber Monday is expected to set a New US Record Online Shopping Day but it will also test the limits of retailers’ e-commerce operations. Target and Amazon.com are pulling out all the stops to get customers’ attention by offering deliveries with no […]
Fake-Out Breakout Trading Strategy
(Video length 00:35:31) “Discomfort is your friend. It doesn’t matter if you’re sick, if you have other stuff going on, etc.… if you’re a pro, you go to work and get the job done.” Crude Oil is bullish into consolidation tonight, so I’m looking for a failed bear breakout for buying opportunities tomorrow morning… E-Mini S&P […]
Selling USTs + Hedging Costs ≠ Bond Rout
Maybe blame the ECB. On June 5, 2014, Europe’s central bank announced a change in monetary policy. Beginning June 11, their deposit account mechanism that acts as a hard floor for European money rates would be set below zero for the first time. It would mean any funds left on deposit with the ECB in […]
