It’s not just in Canada’s most expensive markets that home sales are tumbling in 2018. A report today shows that from luxury condos to the least expensive co-ops in Manhattan, sales fell 25% year over year in Q1 2018 for the biggest annual decline since NYC’s property market froze during the 2009 financial crisis. Similar…
The US Dollar (via the DXY Index) has proven sturdy at the start of the new month and quarter as European markets have come online for the first time since last Thursday. Reinvigorated tensions between China and the US thanks to a series of comments by US President Trump have hit global equity markets again, with tech…
Overnight Markets and News June S&P 500 E-minis (ESM18 +0.39%) are trading higher by +0.50% this morning as some of the gloom from Monday dissipated and as overseas stock markets today did not fall as far as U.S. stocks did on Monday. The Euro Stoxx 50 index this morning is down -0.58%, which is a…
NW Natural (NWN) has a track record of dividend increases that puts it in very exclusive company. NWN has increased its cash dividend for more than 60 consecutive years, making NWN one of just a handful of companies in the entire market with a dividend increase streak of that length. That puts it among the…
The legal cannabis industry is a unique prospect for those looking for a potentially lucrative investment opportunity. In 2017, sales in the US state of Colorado reached $1bn in just eight months, a 21 percent increase from the same period in the previous year. According to Statistics Canada, Canadians spent around CAD 5.7bn ($4.5bn) on…
This much is clear: the sharp decline in the S&P 500 yesterday (April 2) confirms that the downside bias in the first three months of the year has spilled over into the second quarter. It’s also obvious that the latest market stumble has inspired a new round of warnings from analysts. CNBC, for example, reports that “Monday’s…
“Technically Speaking” is a regular Tuesday commentary updating current market trends and highlighting shorter-term investment strategies, risks, and potential opportunities. Please send any comments or questions directly to me via Email, Facebook or Twitter. The big question for investors at the moment is whether the 9-year old bull market has finally come to its inevitable conclusion or is it just a “pause that…
The sell-off in US tech shares dragged the market lower. The S&P 500 fell for the sixth session of the past eight and closed below the 200-day moving average for the first time in a couple of years. The sell-off in Asia and Europe is more muted. The MSCI Asia Pacific Index slipped less than…
After opening the day flat, share markets in India witnessed volatile trading activity throughout the day and ended the day in the green. Sectoral indices too ended the day in green, with stocks in the power sector and stocks in the infra sector leading the gains. At the closing bell, the BSE Sensex stood higher by 115 points (up 0.4%) and the NSE Nifty closed…
Yesterday’s signals were not triggered, as there was insufficiently bearish price action at $7,335. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken between 8am New York time and 5pm Tokyo time, over the next 24-hour period only. Short Trade Short entry after a bearish price action reversal on the H1 time frame following…
