Category Archive: Finance, No picture
US Dollar Reacts At Resistance: ECB, BoE Highlight This Week
FX TABLES SET FOR A BIG WEEK OF DATA It’s been somewhat of a slow open to September after an abnormally busy summer across FX; but with a fairly full economic docket for this week, the impasse may be soon giving way. The US Dollar has been in a state of flux since mid-August, with prior […]
Secular Trends In Employment: Goods Producing Versus Services Providing – Monday, Sept. 10
The Department of Labor has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are categorized in either Service-Providing Industries or Goods Producing Industries. The adjacent chart illustrates the ratio of the two since 1939. The latest monthly employment report showed a gain of 201K nonfarm payrolls, […]
Forex Forecast And Cryptocurrencies Forecast For September 10-14
First, a review of last week’s events: EUR/USD. As for the trends and their changes, the forecast given last week turned out to be absolutely accurate: starting from Tuesday, September 6, we saw the weakening of the dollar and the pair’s growth, and the strengthening of the dollar and the fall of the pair at […]
5 Business Services Stocks To Buy As Job Gains Soar
In August, job additions exceeded expectations, indicating that economic expansion retained steam toward the end of summer. Though the unemployment rate remained unchanged at 3.9%, the big news from this Labor Department report was the spike in wage gains. This metric soared to its highest level since the end of the Great Recession. It wasn’t […]
High Yield Dividend Champion Portfolio September Update
The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. The goal is to capture quality high yield stocks with a history of raising dividends. The screening process for this portfolio originally started with the “Dividend Champions” as compiled by DRIP Investing. Sadly, the curator of the list at DRIP Investing, David Fish, recently […]
The Myth Of Gold-Stock Leverage
A few years ago I wrote a couple of pieces explaining why gold mining is a crappy business. The main reason is the malinvestment that periodically afflicts the industry due to the boom-bust cycle caused by monetary inflation. To recap, when the financial/banking system appears to be in trouble and/or economic confidence is on the decline, the […]
What Are Technicals Saying About Currency Markets?
While factor investing in equities appears to be gaining traction, investors ignoring momentum in the foreign exchange (FX) market may be exposing themselves to undue risk. Below, we examine the trends in technicals for the U.S. dollar, euro, Japanese yen and British pound to find clues for where FX markets could head next. Methodology Through our research on currency markets, we identified three […]
Pound Up On Upbeat GDP
The Pound Sterling moved higher against the US Dollar after recording the largest weekly fall during the month of September. Analysts say that concerns over a possible hard Brexit are limiting any additional gains. The Prime Minister’s latest proposals aren’t as well received as she would like with some 80% of her own Conservative party […]
Morning Call For Friday Monday, Sept. 10
Overnight Markets And News Sep E-mini S&Ps (ESU18 +0.37%) this morning are up +0.37% and European stocks are up +0.66% as strength in technology stocks lifts the overall market ahead of the unveiling Wednesday of Apple’s newest iPhone. Stocks also moved higher as the U.S. failed to impose new tariffs on China over the weekend after […]
From All Directions
Oil prices are being pulled in all directions as storms develop in the Atlantic Ocean and U.S. rig counts sputter as Iranian oil sanctions loom. The market found early support as the U.S. rig-count fell by 2 rigs and the fact that the market is finally realizing the impact of cap x cuts that has […]
