The Stock Whisper Of The Day: MSFT, ARMH, GPRO
Hot stocks of the day: MSFT, ARMH, GPRO Video length: 00:03:37
Monthly Archives: July 2015
Market Analysis & Trading Opportunities – July 22, 2015
Video length: 00:1:59 The overall market attitude during the session on Wednesday will probably be dictated more by charts than anything else, as there isn’t too much in the way of economic announcements to move the markets. However, we do have a Crude Oil Inventory number coming out, so this could offer a bit of…
Gold Doesn’t Need Blind Faith, But The Dollar Does
In his podcast released yesterday evening, Peter Schiff explains why the price of gold plunged on Sunday night. More importantly, he reminds investors why gold is not a faith-based asset, like fiat money. He also reviews China’s relationship to gold, and compares the current market to the last time a bear market in gold ended….
Citi Predicts Greek Hyperinflation Breaks Out In Two Years
Earlier, we showed that according to Citigroup (among many) for Greece to have any hope of surviving, it needs a masive debt haircut: the bigger, the better, with Citi tossing out numbers as high as €130 billion. Still, even if Greece does get debt relief, as long as it remains in the Eurozone, its economy has nothing…
Back From The Brink?
On the 5th of July, the Greek people voted 5 to 3 in favor of rejecting an EU bailout agreement linked to further economic reforms. They were promised that their Eurozone partners would relent and that within 24 hours, the banks would reopen and within 48 hours, the Eurozone would offer them a deal on…
Becalmed Markets
The relatively light news stream continues to facilitate corrective action in the capital markets. The advancing streak in global equities has broken while Chinese shares continue to stabilize after their recent dramatic slide. Peripheral bond markets are giving back some of their recent gains. The US dollar has been pushed from its recent highs but is…
And The Biggest Gainer Is…
In case you were too busy watching House of Cards to notice, Netflix (NFLX) is on a bit of a tear right now. The company recently underwent a 7-for-1 stock split, beat earnings estimates, and surged almost 18% the day after announcing second-quarter results. It was already the best-performing stock in the S&P 500 this year by a wide margin,…
More Job Losses Coming To U.S. Shale
With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. The economic crisis in Greece, OPEC’s high production levels and China’s market turmoil have created more pressure on oil…
Chinese Stocks Slide Into Red After Business Sentiment Crashes To
After a modestly positive open, Chinese stocks have pushed back into the red after Chinese business sentiment collapsed in July. The MNI China Business Indicator fell a straggering 8.8pts to 48.8 in July (below 50 signifying pessimism) – the lowest since January 2009. It appears the encouraging bounce after the massive credit injections into June has…
EU Session Bullet Report – USD On The Backfoot
EU Session Bullet Report – USD on the backfoot Markets are mixed today with the USD showing weakness against EUR but stability versus GBP. Commodity currencies managed to recover from their lows despite the fact that GOLD dropped from 1106 to 1093 overnight. The catalyst for the slide was the revision of the US industrial…