Cybersecurity Is A Gold Mine For Investors
In July 1865, the famous newspaper editor (and presidential candidate) Horace Greeley popularized the saying “Go West, young man.” Today, the message might be rephrased with a new frontier in mind: Go cyber, young man and woman. Greeley’s message was aimed at the thousands of Civil War veterans who, with the conflict just ended, needed a […]
July Trade Deficit At $43.69B, Better Than Forecast
The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992. The monthly reports include revisions that go back several months. This report details U.S. exports and imports of goods and services. The Bretton Woods agreement, which established a […]
Physical Gold In Vault Is “True Hedge Of Last Resort” – Goldman Sachs
Physical gold is “the true currency of the last resort” – Goldman Sachs “Gold is a good hedge against geopolitical risks when the event leads to a debasement of the dollar” Trump and Washington risk bigger driver of gold than risks such as North Korea Recent events such as N. Korea only explain fraction of […]
USD/CAD: Air Pocket Into 1.2130 But Some Profit-Taking On Shorts First
Dollar/CAD is trading under 1.24 ahead of the BOC decision. The team at TD sees a big air pocket on the way down. Here is their view, courtesy of eFXnews: TD FX Strategy Research notes that the focus this week for CAD traders shifts from data to policy, with the BoC meeting Wednesday. “We believe […]
E OncoSec Raising Its Profile In Fight Against Cancer
OncoSec Medical (ONCS) is a biotechnology company based out of San Diego, California. It harnesses the body’s own immune system to fight off and kill cancer. The company accomplishes this through its ImmunoPulse IL-12 technology. This type of technology helps the company to boost local delivery and enhance the uptake of DNA based therapeutics. IL-12 […]
US Trade Deficit Rises In July, Beats Estimates As Oil Imports Slide
The US trade deficit widened in July, growing by 0.3% from a downward revised $43.5 billion to $43.7 billion, and beating expectations of $44.7 billion, as exports decreased more than imports. The goods deficit decreased less than $0.1 billion in July to $65.3 billion. The services surplus decreased $0.2 billion in July to $21.6 billion. […]
The Stock Whisper Of The Day: HAL, XLE, XLP, AMD
Hot stocks of the day: HAL, XLE, XLP, AMD Video length: 00:04:02
In Harm’s Way
The strongest hurricane ever recorded in the Atlantic is promising catastrophic destruction for everything in its path. Hurricane Irma’s impact of financial and commodity markets could be far reaching and we offer prayers for everyone who is harm’s way. To add to the oil market worries, we now have Tropical Storm Katia that has formed […]
USD: 3 Reasons For Further Broad USD Weakness Vs. EUR & JPY
The US dollar is slipping against both its major peers, the euro and the yen. What’s next? The team at Nomura sees further weakness. Here is their view, courtesy of eFXnews: Nomura FX Strategy Research continues to believe that the broad trend in the USD will be lower. Nomura outlines 3 key reasons behind this view. “1- The […]
Gold: Five Waves Up
Gold short-term Elliott Wave suggests that the rally from 8/15 low is unfolding as a zigzag. The first leg Minor wave A is subdivided as an impulse. Minute wave ((i)) of A ended at 1300.83, Minute wave ((ii)) of A ended at 1274.45, Minute wave ((iii)) of A ended at 1326, and Minute wave ((iv)) of A ended […]
