One phenomenon I find holds true in trading and investing is that some things that diehards think should not go together just work. It’s a lesson I learned early. It came from my love of eating, which led to my
October 16, 2015
Uber’s got big trouble in little China. The new-age taxi company has stated that China represents its biggest market outside of the United States – and is spending millions to fund its expansion efforts into 100 new cities there over
Amid the best 4-day gains in gold prices since January, Gold ETFs have seen a surge in holdings in the last 2 days. The 412,000 try ounce increase in physical holdings at GLD is the largest in 9 months and lifts the
There have been times when I’ve missed my old manufacturing days, but decelerating as the sector is, this is not one of them. In this atmosphere price increases are non-existent and in some cases price decreases can even be demanded
Industrial production declined for the eighth time in nine months, by 0.2%, pretty much in line with Econoday Consensus estimates. Industrial production continues to sink, down 0.2 percent in September which is slightly better than the Econoday consensus for minus 0.3 percent.
The Dow Jones Industrial Average begins the fourth quarter with a gain of 4.9% pulling the average out of correction territory, down 4.1% year-to-date and 6.9% below its all-time intraday high of 18,351.36 set on May 19. All 30 Dow
The exchange traded funds (‘ETFs’) universe has been expanding at such a pace that it is a challenge for an average investor to keep up with all the developments. According to the latest Global ETP Landscape report by Blackrock, there
Talking Points The EURUSD is trading in a 73 pip Range Range Support is found at 1.1348 Bearish Breakouts begin under 1.1312 EURUSD 30 Minute Chart Click on image to enlarge (Created using Trading View Charts) The EURUSD has moved to support
Let me stipulate up front that when it comes to the global gold market, the Comex has actual gold flows that are so meager compared to the amount of trading which occurs on paper that I have described it as
In the last trading session, the U.S. stocks rose on better-than-expected results in the financial sector and the fading prospect of interest rates hike. Among the top ETFs, investors saw (SPY – ETF report) gain 1.5% while (DIA – ETF report) rise 1.3% and
