Category Archive: Finance, No picture
USD/CHF Price Outlook: Pending Swissy Technical Breakout
USD/CHF in consolidation below yearly highs- updated breakout targets The Swiss Franc has been in consolidation for the past few months with USD/CHF trading just below key resistance at the yearly highs. Here are the updated targets and invalidation levels that matter on the USD/CHF charts heading into the close of the week. USD/CHF DAILY PRICE CHART Technical […]
E Implication From Zoe’s (ZOES) Acquisition
Several observations are apparent from today’s acquisition and going-private transaction involving Zoe’s (ZOES), that gives us signals what is going on in the restaurant space. Zoe’s acquisition price multiple was healthy, at about 14X 2017 (historical) EBITDA. Investors, debt and top industry talent can be found for brands with potential. Money is not so much […]
Metals Markets Report – Friday, August 17
A review of the day’s trading in the metals markets. Video length: 00:11:54
Crude Oil Price Drops For 7th Straight Week On Emerging Market Fears
Fundamental Forecast for : Neutral Talking Points: The ONE Thing: Emerging markets like China, Turkey, & South Africa dominated the news flow and continued to be a cause for concern about whether or not demand is waning for energy. Seven straight weekly losses would account for the longest losing streak since 2015 Per BHI, U.S. total rig […]
EUR/USD Vulnerable To Dovish ECB Minutes, Hawkish Fed Symposium
Fundamental Forecast for Euro: Bearish Euro Talking Points EUR/USD pares the sharp decline from earlier this month even as U.S. President Donald Trump tweets that ‘money is pouring into our cherished DOLLAR like rarely before’, but fresh comments from Federal Reserve officials may rattle the recent rebound in the exchange rate as the central bank appears to be on course […]
The Turkish Currency Crisis: What’s Next?
Video Length: 00:06:36 On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Consulting Director Sophie Antal Gilbert discussed the Turkish […]
Wal-Mart Powers Equities Higher On Thursday
Wal-Mart Spikes On Great Earnings Wal-Mart is no longer a growth stock which can keep up with the returns from the FAANG names, but it is always worth reviewing its earnings report because it is a great barometer for the health of the consumer since it is the biggest retailer in America. The great report […]
Initiated A Short Position In Tesla Yesterday: Luck Of The Draw Interview Today
I initiated a short position in Tesla yesterday, via PUTs. The NYT stock-sinking interview with Musk today was luck. CNBC reports Tesla Shares are Getting Slammed after Elon Musk’s Off-Kilter Interview with the NYT. Shares dropped more than 8 percent after a New York Times piece outlined serious struggles for CEO Elon Musk. The paper also […]
S&P 500, DAX & FTSE: Will Headlines Trump Summer Doldrums?
S&P 500 Next week brings the FOMC minutes and Jackson Hole CB Symposium on Wednesday and Friday respectfully, but it is unclear that these will have any real market-moving effects. It may be worth noting that this is Powell’s first time in Jackson Hole as Chairman of the Fed. Continued threats will come from Trade […]
