Category Archive: Finance, No picture
Gold Juniors’ Q2’18 Fundamentals
The junior gold miners’ stocks have been thrashed in August, plummeting to brutal multi-year lows. Such carnage naturally left sentiment far more bearish than usual in this forsaken contrarian sector. But these extremely-battered gold-stock prices certainly aren’t justified fundamentally. Junior gold miners’ collective results from their just-completed Q2’18 earnings season prove their stock prices need […]
Australian Dollar Still Short Of Reasons To Buy Despite New PM
Fundamental Australian Dollar Forecast: Bearish AUSTRALIAN DOLLAR TALKING POINTS: The Australian Dollar was already choking on a toxic fundamental cocktail Last week added a dash of political turmoil which has abated somewhat with the appointment of a new Prime Minister Still, it’s hard to see the mixture looking any more appetizing in the short term. The Australian Dollar got a little boost […]
No Japan In Wyoming
It’s been a few years since Japan’s top central banker has been invited to Jackson Hole. The Kansas City branch of the Federal Reserve is today hosting the opening of its annual symposium. Typically, the introduction is given by the President of the KC Fed and then opening remarks from whoever is Chairman of the […]
Sell-Off In The Market
My Swing Trading Approach I continue to book profits in trades along the way, where it makes sense. Yesterday, I closed out my trade in Twitter (TWTR) for a solid +4.7% profit following a candle and lack of breakout that was less than desirable. Nonetheless, I managed the profits and made a good trade out of it. I am […]
Weekend Reading: Impeachment Risk
Yesterday, the President stated: “If I ever got impeached, I think the market would crash. I think everybody would be very poor. Because without this thinking, you would see, you would see numbers that you wouldn’t believe in reverse.” It is an interesting statement because there has been little to seemingly deter the bullish momentum […]
Canadian Dollar Likes Optimism On NAFTA – Is It Enough?
The Canadian Dollar continued receiving bids on NAFTA hopes. Canada’s quarterly GDP is the central event of the last week of August. The technical picture is mixed after a few weeks of range trading. This was the week: Almost a deal all over again The talks to renew the North American Free Trade Agreement remained […]
Sensex Ends Marginally Lower; FMCG And Banking Stocks Witness Selling
After witnessing volatile trades during the day, Indian share markets ended their session marginally lower. Losses were largely seen in the banking sector, consumer durables sector and FMCG sector, while IT stocks ended the day higher. At the closing bell, the BSE Sensex stood lower by 85 points (down 0.2%) and the NSE Nifty closed lower by 26 points (down 0.2%). The BSE Mid Cap index ended the day […]
E Markets: Same Old Hash?
Friday trading rules in play. There is a sense of glum relief today with the same-old hash of headlines about geopolitics driving markets. This obscures a few key technical moves that maybe more important for next week and the new month ahead. The economic news was light overnight with lower than hoped Japan CPI and […]
Ship Finance Transports And Mines Bulk Goods
This week I’m seeking a high-yield and growing stock from the industrials sector. That sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between. Today I’m reviewing […]
US Trade Talks With China Collapse: No Further Talks Scheduled
Either Trump backs down from repeated threats or more tariffs are coming as talks with China collapse. Be prepared for an escalating trade war as U.S.-China Trade Talks End With No Sign of Progress. Trade talks between the U.S. and China failed to produce any visible sign of progress, reducing the prospects of a deal soon, […]
