Category Archive: Finance, No picture
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 […]
Sensex Slumps 470 Points; Rupee Continues To Slide
After opening the day in red, share markets in India witnessed negative trading activity throughout the day and ended the day in red. All sectoral indices traded in red, with stocks in the metal sector and stocks in the auto sector, leading the losses. At the closing bell, the BSE Sensex stood lower by 467 points (down 1.2%) and the NSE Nifty closed down […]
As Bitcoin Sinks In The West…
Whatever the merits of the blockchain (the underlying technology for digital “crypto-currencies”), the fact remains that crypto-currencies are not fiat money and they have no endorsement at a nation state level. Consequently, all are vulnerable to a whim of a major nation state which could outlaw them since they can (and have) been used for […]
Gold Prices Vulnerable To Sticky U.S Core CPI, Retail Sales
Fundamental Forecast for Gold: Bearish GOLD TALKING POINTS: Gold struggles to retain the advance from the 2018-low ($1160) as the U.S. Non-Farm Payrolls (NFP) report sparks a bullish reaction in the dollar, and the current environment keeps the precious metal at risk for further losses as the Federal Reserve appears to be on course to implement higher interest […]
China’s Trade Surplus With US Hits Record High As Export Growth Declines
US trade data with China makes it increasingly likely Trump will increase tariffs on China. Bloomberg reports China Trade Outlook Darkens as Trump Threatens Total Tariffs. Trade data for August released Saturday echoed both the cause and effect of the standoff with the U.S. — the surplus with the U.S. rose to a record, while overall […]
