Today is the fifth consecutive session that the Australian dollar has weakened against the New Zealand dollar. It has now fallen to test a three-year old trendline that we show on the Great Graphic, composed on Bloomberg. The last leg down in the Aussie actually began last October, and through today’s low, it is off by…
The leaders of North and South Korea will meet on April 27, 2018 for the first time since 2007 with hopes for North and South Korean peace, the two countries announced last month. The meeting between President Moon Jae-in and Kim Jon Un will be held at the Freedom House on the southern side of…
According to a MarketsandMarkets report, the enterprise video market is forecast to grow at a CAGR of 20.1% from $16.34 billion in 2017 to $40.84 billion by 2022, primarily driven by the rising demand for video as a tool to enhance communication and collaboration across enterprises and the rising adoption of cloud technology. Zoom Video…
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my latest portfolio seeks a high-yield and growing…
Talking Points: Last week ended on a sour note following the disappointing NFP release on Friday. US Stocks closed the week by selling into the close, reversing a large portion of last week’s gains; and we’ve seen a bounce developing in equity futures as we approach this morning’s US open. With corporate earnings kicking into…
This new video analysis talks about EUR vs CAD based on recent developments on EURUSD, USDCAD, and Crude Oil. I conclude that bounce can be seen on EUR/CAD which can be even impulsive so it can take us much higher in days ahead.
The GBP/USD pair saw a follow through higher on the back of its Friday gain during the Monday trading session today. Support lies at the 1.4100 level where a break will turn attention to the 1.4050 level. Further down, support lies at the 1.4000 level. Below here will set the stage for more weakness towards…
AveXis (AVXS) shares are surging after the gene therapy researcher announced an agreement to be acquired by Novartis (NVS) for $218 per share, or $8.7billion in cash. This comes two years after Citron Research made a short call on the name, with a $5 price target on AveXis. Commenting on the acquisition, Jefferies analyst Michael…
The EUR/USD is rising in a very narrow range in the wake of the new week. The signs of a slowdown in the euro-zone are accumulating while US-China trade tensions continue. The technical picture is slightly bearish but the pair is still looking for a direction. The EUR/USD is trading around $1.2300, at the upper…
Jun E-mini S&Ps (ESM18 +0.59%) this morning are up +0.53% and European stocks are up +0.35% as global stock markets rally on reduced trade concerns between China and the U.S. President Trump’s top economic adviser, Larry Kudlow, said Friday that the U.S. and China are holding “back-channel discussions” to resolve an escalating trade dispute and President…
