A peek into fourth-quarter 2015 earnings clearly shows how uncertain global economic conditions played spoilsport for the industrial stocks. Macro headwinds were characterized by fluctuating currency movements, weakening economic conditions, particularly in the formerly fast-growing markets like China, and soft commodity prices. As on Feb 5, roughly 62.2% of all S&P 500 companies have…
If you work for a start-up you are probably working hard for little current pay. You are doing it because your dream is to see your hard work pay off: build a company, create a new product or process, and hopefully make some money for yourself. Creating something new of value is hard enough. Getting…
EUR/USD Signal Update Yesterday’s signals were not triggered as there was no bearish price action at 1.1232. Today’s EUR/USD Signals Risk 0.75% Trades may only be taken from 8am to 5pm London time today. Long Trade 1 * Go long following a bullish price action reversal on the H1 time frame immediately upon the next entry…
A popular view is that silver outperforms gold during bull markets for these metals, but that’s only true if the entire bull market is considered. That is, it’s true that silver has in the past achieved a greater percentage gain than gold from bull-market start to bull-market end. However, since the birth of the current…
Yesterday’s Trading: Falls in the stock and oil markets again offered support to the euro and yen. Brent fell to $30.26 and the euro/dollar fell to 1.1337. When the US indices stopped falling, a rally on the euro began: the euro weakened against the dollar to 1.1280. Oil fell after the IEA (International Energy Agency)…
“The Market is always right.” One of the most popular sayings in markets and also one of the most dangerous for investors. Why? Because the “market” can be very, very wrong – often at the worst possible time. A few examples in history when we were told: “the Market is always right.” 1) Nikkei peak…
Gold has broken higher through its long term downtrend line with the most recent rally. This break begs the question of how much longer gold can continue rallying. In this article we analyse the technical situation for gold to determine at what level gold is likely to cease rallying, the fundamentals in play, and what…
With stock markets from every continent plunging (Japan most recently), it should be no surprise that MSCI’s world index has entered a bear market – dropping over 20% from its April 2015 record highs. However, as Gavekal notes, while much of the drag on global stocks is from collapsing emerging markets, the average developed market stock is down…
The testimony by Fed Chair Janet Yellen is the main event of the week (even if stock market crashes try to steal the show). Here are 6 points to focus on, courtesy of Nomura. Here is their view, courtesy of eFXnews: On Wednesday and Thursday, Federal Reserve Chair Yellen will deliver her semiannual report on monetary…
On Tuesday junk bonds continued to crash, the price of oil briefly dipped below 28 dollars a barrel, Deutsche Bank was forced to deny that it is on the verge of collapse, but the biggest news was what happened in Japan. The Nikkei was down a staggering 918 points, but that stock crash made very few…
