Since mid 2011 emerging market equities began to underperform the U.S. equity market (S&P 500 Index). Earlier this year we noted in a post, Emerging Markets Not Out Of The Woods Yet, the headwind a stronger U.S. Dollar can have on emerging market equity performance. The updated chart below continues to show the accelerated strengthening…
Hot stock of the day: AAPL Video length: 00:4:42
Hot stock of the day: AAPL Video length: 00:4:42
I’m still working through the SEC’s proposal on Mutual Fund Liquidity, which I mentioned at the end of this article: Q: Are you going to write anything regarding the SEC’s proposal on open end mutual funds and ETFs regarding liquidity? A: …my main question to myself is whether I have enough time to do it justice. There’s their white…
PepsiCo (PEP) released its 3rd quarter results yesterday… How did it go? Here’s what CEO Indra Nooyi had to say: “We are pleased with our performance for the third quarter of 2015. Despite ongoing volatility in many of our key international markets, we delivered strong organic revenue growth, gross margin expansion and double-digit core constant currency EPS growth(emphasis added).”…
GBPUSD: GBP extended its recovery during Wednesday trading session leaving risk of more strength to occur. However, watch out for its overhead resistance located at the 1.5336 zone. This level is significant on the weekly chart. Price hesitation ahead or at that level cannot be ruled out. The pair current bullish price action leaves risk…
This morning’s post is from good friend Ryan Detrick. I am a big fan of using sentiment to get an edge in trading. What I’m looking for are assets that are widely hated or widely loved – then going the other way. In the end, price is the only thing that pays, but over the years I’ve…
Almost a month ago, I performed some risk management and trimmed my bulging portfolio of home-builders by selling LGI Homes, Inc. (LGIH) (see “LGI Homes Is Now A Bit Hot To The Touch“). Since then, LGIH has chopped around and even came close to testing support at its 50-day moving average (DMA) on its way…
The USD/DKK currency pair has shown strong trends over the past decade. Between 2006 and the onset of the global financial crisis in 2008 the Danish Krone was appreciating relative to the US dollar. It moved from 6.1671 in January 2006 to 5.8585 to $1 by 2008, but since then it has featured in sharp…
Asian stocks zoomed up Wednesday hitting a seven-week high as oil prices boosted resource shares and emerging economy currencies. Several factors led to the surge in energy stocks with prices breaking past month-old trading ranges. Reports about non-OPEC producer Russia and key OPEC member Saudi Arabia meeting to discuss the oil market spurred speculation of…
