German Industrial Production During the day on Monday, the German Industrial Production numbers come out, and that will be the largest announcement that we follow. We think that could have an effect on the DAX and the Euro, but beyond that we should for the most part follow the trends that have been established. DAX…
EURUSD: With a strong rally occurring the past week, EURUSD eyes price extension on bullish offensive. However, it may pullback after such a strong move. On the upside, resistance is comes at 1.0900 level with a cut through here opening the door for more upside towards the 1.0950 level. Further up, resistance lies at the…
Retail stocks have underperformed this year as sales figures have come in below expectations. However, Ken Burgess of Systematic Financial Management believes that some of the sector’s most recognizable names now look attractive after recent declines, and he explains why in the November 30 issue of Value Investor Insight. Ken Burgess’ retail picks are a play on Mr….
Why is the world economy growing below trend? That seems to be the central question economists are asking since the Chinese market intervention over the summer. At Pragmatic Capitalism, Cullen Roche argues that slow growth might simply be the new normal: The slowing growth of the global economy has many people confused about what’s going on. There…
Last week lived up to the hype. It was indeed a momentous week. China joined the SDR, with a weight that puts it in third place behind the dollar and euro. The ECB did ease policy. It delivered a 10 bp cut in the deposit rate (now -30 bp), extended its asset purchase program for six…
The largest U.S. residential solar installer SolarCity (SCTY – Snapshot Report) has made a nice comeback at the start of the final month of 2015. The stock jumped over 19% in the last week. The massive gain for this solar firm came on the back of the news that options trader Jon Najarian has added SCTY in…
This will probably be a quieter and less dramatic week ahead, but there are still some significant events scheduled that may have a big impact on financial markets. There are Central Bank inputs expected regarding the GBP, CHF, and NZD. There is also some high-impact data due at the end of this week regarding the…
This article originally appeared on Iknowfirst.com Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver…
For the first time in 36 years, the manufacturing sector is contracting; the ISM manufacturing index printed at 48.6. New orders dropped 4 points to 48.9 while production decreased 3.7 points to 49.2. Only 5 of 18 industries expanded. The anecdotal comments explain the underlying reasons: “The oil and gas industry is realizing that [the] ‘low’…
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are occasionally posted on…
