US Session Bullet Report The market saw a sharp drop on the cable as it tumbled down breaking the support 1.5215 and touching the low of 1.5198, the sudden drop happened due to the weaker than expected data from the UK. The Euro tried to break the resistance of 1.1410 but was not able to…
While some continue dancing, the music might have already stopped: are we already in a bear market in stocks? In this context, we study past bear markets to see whether gold may serve as a valuable diversifier for what’s ahead. Are we in a bear market? A “bear market” is frequently defined as a decline…
The FTSE 100 index represents the top UK companies, but not all of them are performing optimally – Glencore PLC is a case in point. The FTSE 100 index is currently trading at 6,371.18, with over 552.53 million shares traded, and a year-to-date change of +0.49%. While this pales in comparison to top performing individual…
Gold started the week drifting higher, testing the resistance around the $1170 level, on increasing views the Federal Reserve will not begin the normalization process until next year. Policy makers signaled that it would be appropriate at some point later this year to take the first step to raise the federal funds rate but soft…
123rf Exxon Mobil (NYSE:XOM) seems to be the favorite pick among investors in the energy space due to its sheer size and triple A credit rating (only oil major to have such a rating). Furthermore the stock is even gaining more attention at present because it has rallied 8%+ since the 24th of August. Do I…
It’s important to maintain a proper perspective of risk and financial stress in the markets. There are other aspects, besides the SP 500, to take into consideration when planning trades and investments. Some of the key leading indicators that I have found to be beneficial are the yield curve, financial stress index and weekly unemployment…
In last week’s update, I discussed the short-term oversold condition that existed at that time. To wit: “As you can see, the markets did retest the late August lows, and when combined with the very oversold conditions, led to a frantic “short covering” rally back to previous resistance. It is worth noting that the recent market action is very…
In the last trading session, the U.S. stocks managed to hold on to modest gains in what was overall a rocky session. Among the top ETFs, investors saw (SPY –ETF report) gain 0.09% while (DIA – ETF report) and (QQQ – ETF report) move higher by 0.2% on the day. Two more specialized ETFs are worth noting as both saw…
Without much fanfare and quietly, Google has become one of the most active early stage investors in fintech. Google’s Interest In Fintech Google’s interest in fintech has included multiple investments in collaborative finance platforms, making the search firm one of the most active investors in crowdfunding. But the firm’s interests span beyond the excitement of social investing…
