Well, as documented (and lampooned) extensively in our week ahead preview, Shinzo Abe arrives at Mar-a-Lago today and Trump is stoked: Getting ready to meet Prime Minister Abe of Japan, a truly fine gentleman! — Donald J. Trump (@realDonaldTrump) April 17, 2018 Here it is: Don’t worry, world. TPP should be renegotiated shortly and the North…
The market has had a solid seven days of upward price action. Not every day has been ideal or even bullish, but the overall picture has been. And really, price action isn’t even getting carried away – not like what we saw in January. So right now, Syria, North Korea, and the Chinese Tariffs are…
How Many U.S. Dollar Bills Are There in Circulation? When you think about it, the journey of each individual currency note is pretty incredible. After being printed or minted, each bill is then passed between people and businesses to facilitate transactions. If it’s a $1 or $5 bill, it changes hands on average about 110…
Cable spiked to fresh post Brexit highs in early London trade today, but the rally lost its legs after UK Labor data missed its mark. UK Claimant count expanded to 11.6K from 5K eyed while average earnings came in at 2.8% versus 3.0% forecast showing that wage growth remains tepid. The ILO unemployment rate however…
Biotechs Stalled Despite Healthcare Rally Merck Gains on New Keytruda Data-More Clinical Trials Underway to Expand Uses Healthcare and Nasdaq stocks caught bids on Monday with the XLV up 0.79%, but biotechs were in the red (IBB) down 0.68 %. Drug distributors and drugstores rallied on news that Amazon(AMZNAmazon( to sell drugs to hospitals and other businesses. CVS Health (CVS)…
I think we have a new short-term uptrend. New 52-week highs have perked up to the point where a market uptrend can find its footing. Bullish. The major indexes have started to tick higher while above their 50-day moving averages. Bullish. Here are some of the interesting ETFs hitting new highs today… Defense, Small Cap…
With US markets having another good day it is curious to see the yield curve continue to flatten. Chris Temple joins me to outline the fact that these markets are very confusing with many unknowns now is not the time to take on unnecessary risk. (Audio length 00:13:53)
Following a chemical attack in Douma near the Syrian capital Damascus that claimed around 60 lives, Trump conducted military strikes in Syria, with support from France’s president Emmanuel Macron and Britain’s prime minister Theresa May. After the attack, Russia warned the United States of retaliatory actions. In this context, mutual funds that are capable of…
You’ve probably heard of the “BRIC Economies” – the kings of the new paradigm in emerging markets, and no doubt are sick of hearing about the “PIIGS Economies” – the Eurozone crisis culprits, but have you heard of the “SCANNZ Economies”? This grouping of: Sweden, Canada, Australia, Norway, and New Zealand, on first glance seems…
