Fundamental Forecast for the Pound: Neutral Talking Points: British Pound Plummets As Services Sector Growth Slows to Five-Month Low GBP/USD: Watch 1.2200 but Nothing Positive Unless Above 1.2380s If you’re looking for trading ideas, check out our Trading Guides. If you’re looking for
March 5, 2017
The iShares Silver Trust (SLV) made a major peak last summer when it hit a 2-year high. The rally year-to-date seemed to come to an abrupt end when SLV plunged through support at its 200-day moving average (DMA) and its
We go over the Dow 30 industrial stocks’ income statements and review their revenue growth or decline over the last 3 years in this video. Of the firms that have positive revenue growth, most are just barely positive over three
The fragility of the world’s Internet ecosystem was exposed earlier this week when an outage at Amazon Web Services rippled across the World Wide Web, disrupting everything from question-and-answer site Quora, to bill splitting app Splitwise and the outage even reportedly
Semiconductor companies have been just nuts for the past fourteen months, ripping higher hundreds (or even thousands) of percentage points. Darlings such as NVDA, INTC, and AMD, shown below, have made fortunes for people. I am short NVDA and AMD, however (to good
In 2015, President Obama and Republican congressional leaders agreed to suspend the federal debt ceiling until March 15, 2017. After that date – less then two weeks from now – the Treasury will surpass its cumulative $20 trillion borrowing authority. And
Friday’s action stemmed whatever profit taking was in play from Thursday. It kept bulls well placed to attack again Monday, barring some early morning Trump Tweet Disaster. After the Winter lull, the S&P kicked off the spring in style with
Fundamental Forecast for NZD/USD: Bearish – RBNZ’s shift in stance continues to weigh on New Zealand Dollar. – RBNZ Governor Graeme Wheeler continues to hit home the idea that a weaker Kiwi would be welcomed to offset global uncertainties. The Kiwi is weakening
Earlier, I explained why ‘Joe’ losing his job was a good thing. I won’t recap the utilitarian rant here as you can simply read it and the accompanying commentary from FT’s Rana Foroohar for yourself, but I do want to draw your attention to a visual that illustrates
One of the traditional signs of market tops is individual investors finally succumbing to the lure of apparently easy money and pouring their savings into the stock market. In the past this dumb money flowed into equity mutual funds in
