Today’s rally in the Nikkei must have been a huge breath of fresh air for the BOJ (Bank of Japan). After opening 2% firmer the market went from strength to strength with good volume it eventually closed +7.1% on the
What a difference five days makes. Recall last Wednesday evening, when none other than Goldman decided to be the latest to piggyback on gold’s torrid momentum, by saing “there’s scope for the gold price to extend much higher over time.” This
Talking Points The CAC40 is Trading Up 3% on the Day Bullish Breakouts Began Over 4,022 SSI Reads an Extreme +3.50 CAC40 30 Minute Chart (Created using Marketscope 2.0 Charts) The CAC40 is currently trading up over 3% on the day after breaking a
The picture emerging from the Q4 earnings season is one of all around weakness, with growth hard to come by in the face of a slowing global economy, the strong U.S. dollar, and weakness in the oil and other commodity
Photo Credit: Desmond Bowles Fossil, Inc. (FOSL) Consumer Discretionary – Textiles, Apparel & Luxury Goods | Reports February 16, After Market Closes Key Takeaways The Estimize consensus is calling for EPS of $1.36, 7 cents higher than Wall Street, and revenue of
The global market selloff continued over the past week. Our aggregate world index plunged 4.29%, and that’s with China’s Shanghai Composite on the sidelines in celebration of Spring Festival. The top performer of the active markets was the S&P 500,
From Liberty Street Economics — this post authored by Thomas Klitgaard and James Narron It always seemed to come down to railroads in the 1800s. Railroads fueled much of the economic growth in the United States at that time, but
China is upset with “speculators.” You see it’s not that China’s economy is “landing hard” and it’s not that a massive yuan devaluation is almost a foregone conclusion. No, it’s that “manipulators,” “speculators,” financial “predators,” and all sorts of other
SunEdison, Inc. (SUNE – Analyst Report) is expected to report fourth-quarter 2015 results on Feb 17. Notably, the company posted wider-than-expected loss in the last quarter. Let us see how things are shaping up for this announcement. Factors to Consider In an effort
Whether you are Warren Buffet, Carl Icahn or Bill Ackman cutting losses is the hardest thing to do in Financial Markets these days. (Video length 00:09:03)