EUR/USD, GBP/USD And USD/JPY TA – April 19
EUR/USD intra-day analysis EUR/USD (1.0719): EUR/USD is currently moving counter trend after prices fell to 1.0600 last week. After consolidating near this level, EUR/USD posted two days of strong gains as price action was seen clearing the 1.0700 resistance level yesterday. Any pullbacks will likely see 1.0700 being tested in the near term, ahead of what […]
Airlines, Algorithms, And Accidents
United Airlines had a rough week, but not as rough as one of its passengers. Dr. David Dao received a concussion, a broken nose, and two broken teeth after airport police forcibly dragged him off the plane he had boarded only a short while earlier. As you have probably heard by now, the airline needed […]
8 Financial Mistakes To Avoid (In Your 20s & 30s)
While I’m sure your parents have given you money lectures many times, there are still many holes in a young person’s financial education. When you’re in your 20s and 30s, you’re excited to build the life you envisioned for yourself but may not realize that there are specific financial hurdles that need to be completed […]
4 Low-Risk Mutual Funds To Beat Geopolitical Fears
Over the past few sessions, rising geopolitical concerns left a negative impact on investor sentiment. All the key U.S. indexes slumped in recent times after the U.S. dropped “the mother of all bombs” on a suspected terror hideout in Afghanistan. Moreover, the recent standoff between the U.S. and North Korea and uncertainty over the French […]
Sensex Trades Marginally Higher; Power Stocks Witness Buying
After opening the day on a flat note, share markets in India witnessed choppy trades and are presently trading marginally higher. Sectoral indices are trading on a positive note with stocks in the power sector and metal sector witnessing maximum buying interest. The BSE Sensex is trading up 31 points (up 0.1%) and the NSE Nifty is trading up 7 points (up 0.1%). The BSE Mid […]
The Turkish Lira Roils Around Constitutional Referendum But Remains Indecisive
By a slim margin, the Turkish people voted to change the country’s government from a Parliamentary system to a Presidential one. The change will reportedly cement the power of President Recep Tayyip Erdogan and allow him to stay in power for as long as 2029 assuming he wins the next two Presidential races. Erdogan argued this […]
Harvard ‘Shock’ Study: Each $1 Minimum Wage Hike Causes 4-10% Increase In Restaurant Failures
A ‘shocking’ discovery was made when a pair of researchers at Harvard Business School decided to analyze the impact of higher minimum wages in San Francisco on restaurant failures…hint:they went up. Entitled “Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit“, this latest study on the devastating consequences of minimum wage […]
April 19th Daily Trading Opportunities
During the session on Wednesday, we get a handful of announcements including the European Union CPI numbers, Japanese exports, and the Crude Oil Inventories announcement. With this, we think there should be plenty of volatility. WTI Crude Oil Crude oil has shown his proclivity to go higher regardless of the announcement. Because of this, any […]
GBP/USD Levels To Watch After The Big Jump
Pound/dollar made a huge leap forward on April 18th, riding on the announcement for an early snap election. Here are five reasons why the elections are pound positive. GBP/USD is already trading above the initial post-Brexit low of 1.2790 seen in late June 2016, just after the EU Referendum. In general, we are back to the […]
Dividends In Focus: Boeing Vs. Lockheed Martin – How Do The Two Stack Up?
…If you polled a handful of investors and asked them which stocks in the aerospace defense industry are most noteworthy for dividend payouts, it is likely you would get two answers: Boeing Co. (NYSE: BA) and Lockheed Martin Corporation (NYSE: LMT). Both of these stocks are solid picks for dividend investors, as they are well established and […]
