Video length: 00:26:41 Picking tops and bottoms is a statistically fraught trading approach, however markets do change direction. Trading with a contrarian approach – against the prevailing view or trend – therefore needs to be well thought out and executed. Trend of course is relative to individual perspective, but the concept holds across time…
One of the epicenters of the global financial crisis that started during the second half of last year is Japan, and it looks like the markets in the land of the rising sun are entering yet another period of great turmoil. The Nikkei was down another 390 points last night, and it is now…
While Gold and Silver prices showed signs of retreating from their yearly highs over the past weeks, it is clear that both the metals are likely to see another leg to the upside going by the market sentiment and the technical patterns on the charts. Yesterday, Gold posted another 1.0% gains as a high risk…
EUR/USD is off the highs but also refusing to fall. What’s next? The team at Bank of America Merrill Lynch explains how markets are torturing the bears: Here is their view, courtesy of eFXnews: Themes: the Fed in the driver’s seat. Our last report argued that the March ECB meeting would be the most difficult in recent…
Investing in an accelerating dividend is one of the best ways to consistently increase your wealth over the long-term. With these three stocks expected to increase their dividends in May, now is a great time to add them to your portfolio. My investing strategies for dividend stocks all focus on finding, owning, and trading dividend…
Today shares of Allergan (AGN) fell by 14.77% as investors were skeptical that a buyout deal by Pfizer (PFE) would go through, after the government introduced new tax inversion rules. Back in November of 2015 Pfizer stated that it was going to buy Allergan in a $160 billion deal. Pfizer liked Allergan’s pipeline but the…
Donald Trump managed to shove his way into the spotlight again last week, claiming the US is heading for “a massive recession.” Unsurprisingly, the mainstream media scoffed at Trump’s assertion, pointing to the “great jobs report” that came out Friday. The report did show the US economy added some 215,000 jobs, slightly more than expected….
During the day on Wednesday, the FOMC Meeting Minutes come out, which of course will have a massive effect on the US dollar, which in turn will massively affect world markets in general. Because of this, expect quite a bit of volatility later in the day. Silver bounces Silver markets have had a couple of…
It looks there may be trouble ahead for copper. This goes well beyond the falling copper price and annual surpluses. According to the article, China’s True Demand For Copper Is Only Half as Much as You Think: For years, traders on the mainland have used copper as collateral to finance trades in which they borrowed foreign currencies…
Greenbrier’s (GBX) FQ2 results were, at least to my mind, a disaster. The company missed on all fronts. Revenue of $669 million was $60 million shy of the $730 million analysts were expecting. Earnings per share of $1.141 missed by $0.15. I assumed the company would meet revenue expectations due to deliveries from its backlog….
