Introduction This is the second of a five-part series presenting 50 dividend growth stocks that I have screened for current fair value. With this article, I will be covering 10 additional dividend growth research candidates in addition to the initial 10 that I presented in part 1 found here. Furthermore, I wanted to be clear that…
USD/CAD continued its downside movement from 1.2943 and the fall extended to as low as 1.2587. Further decline is still possible and next target would be at 1.2500, followed by 1.2350. The key resistance is located at the falling trend line on the 4-hour chart, only a clear break above the trend line resistance could…
After rising confidently for 5 straight months, Global PMI collapsed in March – plunging to 16-month lows, dropping by the most since Q1 2016’s global growth scare. As Markit notes, global economic growth slowed sharply to the weakest in over a year in March, according to the latest PMI surveys. Although some of the slowdown may prove temporary,…
Without Alcoa to lead off the Dow, the big banks basically kick off earnings season now. They mostly report earnings during a relatively quiet week with just 2 dozen companies expected to report earnings. But things pick up the second week of the season with about 200 companies reporting. That doesn’t mean you should ignore…
New U.S. Sanctions Hurt Russia’s Ruble and Benchmark Index Last Friday, as part of the U.S. effort to punish Moscow for “malign activity around the globe”, the U.S Treasury Department targeted numerous Russian oligarchs, officials, and companies by freezing their assets under U.S. jurisdiction. In addition, the U.S. also prohibits U.S. citizens or entities from…
Cash is the most risk-free position in your portfolio: you can’t make money but you also can’t lose money. That’s why investors and traders shift from holding assets to holding cash when they think that the market’s risk is increasing. Investors and traders who are starting to learn how to invest and trade want to…
EUR/USD 4 hour The EUR/USD bullish momentum broke above multiple resistance trend lines (dotted red) and is building an uptrend channel. This bullish price action could be either wave 1 (green) of the uptrend or a bearish correction within a larger ABC (brown) zigzag within wave 2 (purple). 1 hour The EUR/USD broke above multiple…
Gold prices ended Tuesday’s session up $3.11, marking the third consecutive rise, as a weaker U.S. dollar index provided support to the precious metal. The greenback fell after an official from the European Central Bank said that policymakers there would end bond purchases this year. Traders and investors are awaiting inflation data and minutes from…
Wholesale sales, seasonally adjusted, bounced back moderately in February 2018 after a sharp decline (revised even lower) in January. Sales in the latest monthly figures are left still lower than in December and only slightly more than in November. This is the familiar aftermath of Harvey and Irma’s aftermath. Unadjusted, year-over-year wholesale sales increased by…
AUD/USD extended its upside movement from 0.7642 to as high as 0.7769, facing the resistance at 0.7785. Support is at 0.7725, as long as this level holds, the upside move could be expected to continue. However, a breakdown below 0.7725 support would suggest that the uptrend is complete, then another fall towards 0.7650 could be…
