In the last trading session, the U.S. stocks were in green, receiving a boost from the Fed-related optimism which hinted at a delayed lift-off. Hopes for cheap money inflows at least throughout this year continue to set the stage for U.S. stocks for the last few sessions. Most market watchers are no longer seeing a…
EURUSD: EUR rallied strongly during Friday trading session leaving risk on further upside. It faces a bigger overhead resistance standing at the 1.1433 level, representing its September 18 2015 high. However, immediate resistance resides at the 1.1400 level. On the upside, resistance is seen at 1.1450 level with a cut through here opening the door…
Starting in September of 2014, I analyzed every Dividend Aristocrat stock in detail. You can see the results of the analysis at this link. It has been just over a year since that time. The S&P 500 has been turbulent since September of 2014. Oil prices have crashed. The global economy is threatening to stall. A…
Market risks are risks associated with movements from market prices. Market prices include changes in equity, commodity, interest rate, or even currency rates. Market risks are sometimes difficult to measure as a portfolio of financial instruments can be subject to transparent market movements or changes in value due to opaque risks. The measurement of market…
The already overbought markets are still adding to previous gains. The primary focus remains the Fed can’t raise interest rates so bulls believe. So the rally continues despite overwhelming evidence of economic weakness. ZIRP seems to be all bulls care about. Why? Primarily because it allows for more stock buybacks which have been an underpinning…
The recent news for Verastem (Nasdaq:VSTM) has been terrible. Today they announced a layoff of 50% of their workforce which will get the company down to 20 people and save $4.9M a year in operating costs. They still have $132M in cash. With a market capitalization of $80M the question is whether or not there…
The stock whisper of the day is: (AA), (GDX), (SDRL), (PBR), (FCX). Video Length: 00:05:03
For years, the Organization of Petroleum Exporting Countries (OPEC) has courted Russia, though without much success. It’s easy to see why the attraction is there; the world’s largest country has huge oil reserves and the geopolitical clout to boost the cartel’s “muscle” by about a third. But this past weekend, Russian Energy Minister Alexander Novak…
Well, what goes up must come down, which also means that what goes down must come up we suppose, which is why once again, the previously hapless ringgit and rupiah are heavily bid. The two currencies have of course been caught up in the global EM turmoil, but as we documented extensively on Wednesday, the tide has…
Australia has a robust trading culture, and a well-recognised regulatory climate. The currency markets are very popular and it’s reported that the daily volume at Australia’s top currency brokers is larger than the cash volume of the Australian stocks. There are three trading time zones, the Asia-Pacific, Europe and USA. Australia lies in the Asia-Pacific…
