Talking Points: US crude inventories fall but oil production increases. OPEC cuts and rhetoric currently unable to stem the losses. US crude oil remains stuck in a downward trend. Fundamental Forecast for Oil: Bearish US crude oil continues to fall, and is likely
July 8, 2017
When the Fed announced that it had approved the CCAR submissions of all 34 banks it had reviewed, it was followed by a flurry of dividend raises and share buyback announcements. Citigroup (C), Bank of America (BAC) and Morgan Stanley
Stocks rebounded on Friday on better than expected employment data. This weekend video is a crucial update on the markets. Watch this video right now to find out what has been working every week for us and the opportunities for
Just this morning, in “‘The Clock May Stop Ticking’: Oil Price Rout Bites As HY Energy Issuance Plunges,” we noted that the downturn in crude prices (which, if this week was any indication, has morphed into a full-blown crisis of
On June 26, the 10-year generic German yield closed at 24.5 basis points. It finished last week a little over 57 basis points. The similar Italian yield has risen 45 basis points to 2.05%. The short-end of the yield curve is
Earlier this year, we identified Blockchain as a top tech investing trend of 2017 and 2018 and shared with our readers how BTL Group has the potential to disrupt the way many sectors operate. We even compared it to having an Amazon-like upside potential (on the
Fundamental Forecast for CAD: Neutral An interest rate increase by the Bank of Canada on Wednesday is now highly likely. However, after the Canadian Dollar’s surge Friday, that’s probably priced in already. There has been plenty of disagreement among analysts over
Last week, I discussed the issue of “lots of volatility with little movement” stating: “The last couple of weeks have experienced a sharp rise in price volatility. While stocks have vacillated in a very tight 1.5% trading range since the beginning of
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of July 10 July 10 Consumer Credit – May $13.5B 8.2 14.6
VIX had an inside week, after challenging mid-Cycle resistance a third time in three months. It closed above Short-term support at 10.60 and is on an aggressive buy signal. Once above the upper trendline of the Ending Diagonal formation, it
