Barclays analyst Blayne Curtis downgraded Qualcomm (QCOM) to Equal Weight saying the chipmaker has a “harder road ahead” with Intel (INTC) likely gaining share at Apple (AAPL) this year. Apple is likely using Intel as a second source for modems, Curtis tells investors in a research note. He says he “clearly underestimated” Intel’s ability to…
The five-week streak of higher prices hit a wall last week for the major asset classes via a set of proxy ETFs. For the first time in over a month, losses dominated the trading week just passed. The four-day stretch through Mar. 24 (the Good Friday holiday trimmed the usual schedule) dispensed losses across the board—the broadest…
I recently showed you how you can use Japanese “candlestick” charts to detect real-time changes in the momentum of the market. Knowing how to read these charts is critical to making sure you’re on the right side of the action, every time. That’s because the charts themselves can fill you in on emerging trading patterns. Today I…
The US dollar is mostly lower as the North American session is set to begin. The holiday in many centers, especially in Europe, has limited activity, and a few orders seemed to drive prices, which remain within the recent ranges. The Japanese yen is the main exception. The greenback’s gains have been extended into the seventh session,…
The Japanese Yen underperformed in otherwise quiet overnight trade. The played out as Japan’s Nikkei 225 stock index traded higher, undermining demand for the anti-risk currency. Shares rose to the highest level in over a week in a move the newswires attributed to expectations that Sharp Corp and Foxconn are set to finalize a takeover deal after prolonged delays….
Last year, I created the Rock Solid Ranking, a dynamic stock ranking list that shows a value for each dividend stock I follow. I’ve worked on calculations that consider several metrics in order to find the best companies among all those on the stock market. This list is particularly useful when the stock market is becoming…
EUR/USD The EUR/USD pair did very little during the session on Friday, as Christians around the world celebrated Good Friday. This of course meant that there was almost no liquidity. With this, the market didn’t do much but it appears that we are trying to find support somewhere near the 1.1150 level. With this, the…
(Video length 00:01:52) With only the Core Personal Expenditure numbers coming out during the course of the day on Monday, it’s very likely that the market will be more or less a technically driven situation. With this, we believe that some of the recent moves will continue. The one thing that we are starting to…
Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are considered to be “not in the labor force” (94.3 million), that gives us a grand total of 102.5 million working age Americans that do not…
It seems like everyone is jumping on the real estate investment bandwagon these days, with the rental market becoming increasingly competitive and allowing landlords to charge ever increasing prices. While becoming a landlord can be a wonderful way to supplement your income, it’s not without its fair share of challenges, contrary to what the popular shows on HGTV…
