Tonight I would like to show you some charts on several of the different currencies and especially the US dollar as it has been pretty weak lately. As you know the US dollar has been consolidating that massive impulse move
March 30, 2016
GBPUSD: With the pair rejecting higher level prices on Wednesday, further weakness is likely in the days ahead. On the downside, support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down, support
It’s just about official: With corporate sales and profits shrinking and consumer spending flatlining, the US economy will grow hardly at all this year while the rest of the world will probably drop back into recession. The result: Massive policy
How many P/E ratios are there? Let me count the ways. As companies report for tax purposes (the real P/E). As trumped up by mainstream media (the pro-forma P/E also called operating earnings). As further trumped up by mainstream media
Usually when you find a company that has raised its dividend every year for 16 years, has never cut the dividend and, in fact, has lifted the payout to shareholders in 52 of the past 64 quarters, that dividend is
Rayno Biopharmaceutical Portfolio Update- Biotechs with Upside Opportunity Caution No Rush to “Load Up” in a Bear Market Since Mid-January all of our previous portfolios were placed on hold and we recommended four new positions as long term holds. Here are initial
During the session on Thursday, it’s likely that we will have a little bit of volatility when it comes to Great Britain due to the fact that we have GDP numbers coming out, but beyond that there is not much
The typical buy the rumor sell the news trading day in the oil market. The RBOB and HO product contracts along with Brent contract expire tomorrow, watch for spikes at the close. This Friday is loaded with economic reports including
With stocks up and treasuries down, there were a couple of interesting contrary trades today in my view. For one, oil prices at the front end of the futures curve did not participate and have been down since the last
