Category Archive: Finance, No picture
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 […]
This Week In Cryptocurrency – Friday, August 17
Tough Week for Ethereum Last week, the total cryptocurrency market cap plunged 14.33%, largely as a result of the SEC postponing its decision on a Bitcoin-ETF proposed by CBOE, VanEck, and SolidX. This week, the cryptocurrency market slid another 5.7%, which isn’t as bad when you factor in the steep drop Wednesday, hitting around $189,666,000,000, its lowest market […]
USD/JPY: Risk Aversion Keeps A Bid Behind The Yen, Inflation Data On Deck
JPY STRENGTH HOLDS AS USD/JPY RE-APPROACHES 110.00 Fundamental Forecast for the Yen: Neutral The Japanese Yen continues to hold strength as we move through the middle of August, and this is a theme that’s been rather visible so far throughout 2018. As we came into the year, the prospect of stronger rates of inflation pushing the […]
Extreme FX Sentiment, Oversold RSI Signal Undermines GBP/USD Rebound
BRITISH POUND TALKING POINTS GBP/USD struggles to preserve the rebound from earlier this week as U.K. officials prepare for a no-deal Brexit, and the current environment keeps the downside targets on the radar as the Relative Strength Index (RSI) stubbornly holds in oversold territory. EXTREME FX SENTIMENT, OVERSOLD RSI SIGNAL UNDERMINES GBP/USD REBOUND GBP/USD appears to […]
Is Apple Still A Good Buy At $213/Share?
Earlier this month Apple became the first U.S. publicly traded company to reach 1 trillion dollars in market capitalization. The maker of the popular iPhone devices surprised some investors with its third-quarter earnings report. After the financials were released the company stock rose 4% in after-hours trading because Apple showed its EPS grew by 40% year over […]
Gold And Gold Stocks Buy Or Sell?
A technical analysis of Gold and the Gold mining stocks. Video Length: 00:15:00
Back And Forth All Week
My Swing Trading Approach I didn’t pull the trigger on any new trades yesterday, as I wanted to hold out until today to see whether the market would provide us with the necessary follow through to the upside. I also booked some profits yesterday in one of my trades, as price action faded into the […]
