EUR/USD The EUR/USD pair went back and forth during the course of the session on Friday, as the nonfarm numbers didn’t quite get to where we were expecting. At the end of the day though, I look at this as a market that has quite a bit of support at the 1.1050 level below, and…
Gold is now up over 13% from its pre-Fed rate-hike lows, having surged through its 200-day moving average by the most in 2 years. As bank risk spikes globally, it appears bonds & bullion are the investment of choice once again in the face of systemic fragility concerns. At 4-month highs, gold is nearing a crucial breakout…
Photo Credit: Tony XQ Chen Yelp, Inc. (YELP) Information Technology – Internet, Software & Services | Reports February 8, After Market Closes Key Takeaways The Estimize consensus is calling for EPS of -$0.04 and revenue of $152.51 million, right in line with Wall Street’s estimates. Yelp faces its biggest threat now that Facebook has begun targeting local…
T. Rowe Price Small-Cap Stock (OTCFX – MF report) seeks long-term growth of capital. OTCFX invests a large portion of its assets in stocks of small company. These companies have market capitalization within or below the market capitalization of companies listed in either the Russell 2000 Index or the S&P SmallCap 600 Index. OTCFX offers dividends and capital…
We are not oil experts. This is not an article arguing the reasons why oil prices may rise. This is simply an article discussing what we believe to be an outstanding trading opportunity, based purely on risk-reward dynamics. Using long dated options the returns that could be realized from a reversal in oil’s recent trend…
As WTIC Crude Oil goes, so goes Deutsche Bank, as shown on the 5-Year Daily comparison chart below. Right after the opening bell this morning, DB made a new 5-year low of 15.95, as shown on the Daily chart below. There’s no confirmation of a reversal in sight, technically, yet for DB, although the RSI may be hinting at a bit of a slowdown in the plunge….
Apple Stock News iPhone sales are expected to decline in the coming quarter for the first time since the phone was introduced in 2007. This past quarter, iPhone sales barely increased leading analysts to ask Apple CEO, Tim Cook, if he planned on lowering the price during the earnings call. A question to which Cook…
The saga of the gas giant Aubrey McClendon’s built, Chesapeake Energy, enters its endgame, when moments ago following a Debtwire report that the company has hired Kirkland and Ellis as its restructuring/bankruptcy attorney – typically a step taken just weeks ahead of a formal Chapter 11 filing – the stock has plunged 22% to $2.40, the lowest…
How Payoff is shifting the conversation about consumer debt to financial wellness (Tradestreaming): Payoff seems to be genuinely interested in helping its clients find their way out of debt and start saving. Pretty weird for a company that extends credit. Banks should take fintech seriously, not panic, but make a gameplan (McKinsey): A new McKinsey report hit the wires…
“We should all fear Oilmageddon!” That’s the word from CitiBank, who are SUPPOSED to be the voice of reason in these markets. When Banksters tell us to get out of something – it’s usually time to get in and, this morning, I put out a Trade Alert to our Members (and tweeted here) to take a long…
