AUD/USD remains in the downtrend from 0.8135, the bounce from 0.7758 is likely a correction of the downtrend. Another fall could be expected to a correction and a breakdown below 0.7758 support could trigger further downside movement towards 0.7500. Near
February 18, 2018
RiverPark is bullish on Iqvia Holdings Inc (NYSE:IQV) in which the fund started a new position during the fourth quarter of 2017. In its Long/Short Opportunity Fund Q4 Investor Letter, RiverPark discussed its investment thesis on Iqvia Holdings Inc. Let’s take a look at
Whenever some financial “pundit” says that the best way to get into a stock is by averaging down, we sometimes cringe. Why? Because at best you’ll be getting into a stock at a lower average price (which can also be
The table below shows the year to date performance of a few different assets. As you can see, the tech sector has done well which is consistent with their mostly great earnings reports. The sector outperforming the market during the
The Australian dollar went back and forth during the week, but ultimately wiped out most of the losses from the previous week. I think we continue to consolidate going forward, probably using the 0.8 level as a bit of a
Dollar/CAD had a busy week, falling initially but regaining some ground later on. The upcoming week features inflation and retail sales numbers. What is the next move for the pair? Here are the highlights and an updated technical analysis for USD/CAD.
I think people might be missing some of the nuance inherent in what’s happened to markets this month. Or maybe they’re not really “missing it” as much as they are deliberately glossing over it because almost by definition, nuance takes
Following an eventful week in financial markets, this week’s Commitments of Traders report shows quite a few significant changes. Firstly, net long positions in the euro and the British pound are no longer at bullish extremes. Secondly, open interest in
Here’s something we don’t see every day, the Dow Jones correcting over 10% in just nine trading days (January 26th to February 8th), then snapping back 5% in the next five. And the violence of the 10% decline, seen in
Following through just as scripted on the reversal bar from two Fridays ago, the market rallied quite nicely last week. When all was said and done, the S&P 500 gained 4.3% last week, following one of the most bearish
