This weekend millions of Americans and/or their accountants are preparing to file income tax returns. Tax day is an annual event as significant as the Fourth of July – though far less fun. Photo: Getty Images My friends outside the
April 15, 2018
After the airstrikes on Syria early on Saturday, the situation seems contained. There are growing chances of a relief rally, positive for the USD/JPY. For the USD/CAD, the event is a double-edged sword, but the Canadian Dollar could come out
Markets had started Friday above the marked consolidations I had drawn on the charts but subsequently ended the week still inside these trading ranges. As a two-day pattern, Friday’s close finished as a bearish engulfing pattern across markets which means
Caterpillar CAT has seen its stock price sink more than 11% over the last 12 weeks. The construction and mining equipment power’s shares have tried to recover recently, but it might take strong first quarter financial results for CAT to get back
Talking Points: Chinese trade data came in broadly stronger However market reaction was muted The trade spat with Washington may have rendered these numbers too historic to be of interest The Australian Dollar showed little reaction to a broadly stronger set of
It’s worth noting that the aim of the #ChartStorm isn’t necessarily to arrive at a certain view but to highlight charts and themes worth paying attention to. So here’s the another S&P 500 #ChartStorm write-up. 1. The Euphoriameter: First up is
Goldman Sachs analyst Eugene King upgraded BHP Billiton (BHP) to Buy with an increased price target of A$35.50. The analyst expects BHP’s cash conversion to reverse in the second half of 2018 following a disappointing first half of the year.
The US dollar has fallen during most of the week against the Canadian dollar, but towards the end of the week, we did start to see a bit of buying. I think that the 1.25 level will cause a bit
Nick Szabo, the inventor of smart contracts and Bit Gold, laid the foundation for the creation of Bitcoin. He defined smart contracts 14 years before Bitcoin. Then he theorized bits having value based on proof of work five years before
If you think you can hide out in ETFs or high growth stocks and weather the downturn, please think again. In case you failed to notice, investment sentiment has changed. The stock market struggles to go up on good news.
