Let’s begin with global… China’s yuan (CNY) traded to 6.9644 to the dollar in early-Friday trading, almost matching the low (vs. dollar) from December 2016 (6.9649). CNY is basically trading at lows going back to 2008 – and has neared
October 28, 2018
Catch up on the weekend’s top five stories with this list compiled by The Fly: 1. IBM (IBM) and Red Hat (RHT) announced that the companies have reached a definitive agreement under which IBM will acquire all of the issued
Friday was ugly but could have been a whole lot worse. What was particularly worrying was that certain indices were unable to defend either Thursday’s close or open and were left set up for another big push lower. However, by the close
A relative asked me about a pitch from her financial advisor that seemed too good to be true: an investment that enhanced returns when the stock market was up, and protected against downside risk at the same time. Some are
Video length: 00:13:53 This week Ryan and Jack discuss several important topics. First, they discuss the tracking error associated with trend-following strategies. Second, they chat about a paper by researchers from Goldman Sachs, “Constructing Long-Only Multifactor Strategies: Portfolio Blending vs.
You’re in a big winning crypto trade. Your open profits continue to increase every day. Congratulations! But do you know exactly why and when to exit winning trades, before the smart money help themselves to some, or even all, of your
The New Zealand dollar has broken down significantly during the week but also bounced enough on Friday to form a nice-looking hammer. While I am not bullish of the Kiwi dollar, I recognize that perhaps we are due for a
The Zacks Consumer Products – Staples industry comprises manufacturers, marketers and distributors of a variety of consumer products, including personal care items, stationery, bed and bath products, cleaning equipment and household goods like kitchen appliances, cutlery and food storage among others. Some
This is starting to feel like a repeat of the 2016 elections, financially speaking. Nervous capital exited the stock market in September/October 2016 before the elections. Gold rebounded in October 2016 as a safe-haven. Trump won, fear collapsed, and money
Deflation seems to be the primary theme in the market as we come to the end of October. The last time the Dow Jones saw its BEV value at -8% was in early July of this year (BEV chart below).
