The EUR/USD pair initially rallied fairly significantly during the session on Tuesday, but the closer we get to the 1.25 level we begin to see quite a bit of selling pressure. Of course Tuesday was no different, and the market continues to struggle in that general vicinity. With that being the case, the market looks as if…
Written by Paul Hanly “Buy low and sell high” is the oft quoted mantra. “Buy when there is blood in the street” is another. Now is your chance. Australian energy and resource stocks have fallen significantly over the past 3 to 6 months as commodity prices have come off and the China story has begun to…
DOW – 51 = 17,801 SPX – 0.49 = 2059 NAS + 25 = 4766 10 YR YLD – .04 = 2.22% OIL + .80 = 63.85 GOLD + 27.80 = 1233.00 SILV + .73 = 17.21 We’ll start with economic news. The Labor Department reports there were 4.83 million job openings in October, up…
About two months ago, UK-based education technology startup Quipper started its expansion into Thailand, a market it has high hopes for. Only a month into its launch and according to Takuya Homma, Marketing Director for Quipper, the company has managed to sign up more than 30,000 students and teachers in Thailand to use its services: Quipper School…
You’ve navigated a competitive market, steered your company to profitability, and put it on track for healthy growth and expansion. It’s now time to start thinking about an exit strategy. Sound premature? It’s not. Proper planning can help ensure both a successful business transition and an equally successful retirement for the owner. Too often, owners get…
I’ve balanced out my short portfolio with a lucky 21 quantity of long positions. Here are a few favorites:
The Nikkei 225 has fallen over 300 points from the v-shaped recovery close at the end of the US day session and is now trading below the lows of the day at 2-week lows. USDJPY has plunged over 100 pips having briefly neared 120.00, now back below 119.00. JGB Futures are trading near record highs prices…
With oil grabbing the headlines on a daily basis, hitting new lows and taking down every energy name listed on the exchanges, I wanted to highlight some new purchases I made that are not in the oil patch. As I have stated before, I’m not against owning the energy names I just prefer a little…
The Chinese stock market hit a four year high today at 3,020. This is up 53% since the middle of 2013 low and up 48% in the last six months. I guess this must mean the Chinese economy is operating on all cylinders. If you think so, you’d be wrong. Barron’s interviewed a no-nonsense woman who has…
Western Digital (WDC) broke out today, adding +2.62% to close at $107.8. I think this could test $110 soon. We locked in our profits on Jan calls: for a nice +32.62% profit. Biotechs continued to zoom higher. We talked about Clovis Oncology (CLVS) in this week’s Sector Watch. I think it is still looking good:…
