The US dollar is extending its advance as the divergence theme moves into overdrive. The dollar has drawn close to JPY119.50. The euro has fallen to new lows near $1.2320, having been turned back from $1.25 on Monday. The Australian dollar has been pushed briefly below $0.8390. The main exception is sterling, which is holding its…
Those wondering why European stocks are higher but off earlier highs, the answer is simple: the latest Service ISM was bad but it wasn’t a complete disaster. And while RanSquawk notes that “the particularly disappointing slew of Eurozone Service PMI’s from France and Spain capped any potential upside seen across the European indices” stocks are…
Those wondering why European stocks are higher but off earlier highs, the answer is simple: the latest Service ISM was bad but it wasn’t a complete disaster. And while RanSquawk notes that “the particularly disappointing slew of Eurozone Service PMI’s from France and Spain capped any potential upside seen across the European indices” stocks are…
The images were confronting of how people took to law enforcement in Ferguson. Meanwhile it has become clear that what happened there is about much more than just the death of one man, whether he was innocent or not. Ultimately the people of Ferguson (and other US cities) are extremely dissatisfied with the increasingly tough…
The ISM Manufacturing survey continues to indicate manufacturing growth expansion with an insignificant decrease in the rate of growth. This survey should be considered good news as it reconfirms a rather strong report last month. Key internals improved. The ISM Manufacturing survey index (PMI) declined from 59.0 to 58.7 (50 separates manufacturing contraction and expansion). This was…
Peter Schiff: The debt just passed $18,000,000,000,000 and nobody reported it. Video Length: 00:06:27 0:33 Peter debunks the latest jobs numbers re: construction spending0:46 The debt just passed $18,000,000,000,000 and nobody reported it.1:24 Auto sales are down because people have no jobs to drive to…1:47 He talks about the horrible retail sales figures for Black Friday3:09 Discussing leverage and the impossibility…
A major theme here at Liberty Blitzkrieg over the past year has been the creative ways in which corrupt Chinese oligarchs and government officials are maneuvering their way into the United States. To be clear, I am not anti-immigration by any stretch of the imagination. My mother was an immigrant. This is about being against corrupt…
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares outside Japan edged slightly down, while Japan’s Nikkei stock average was up about 0.8 percent after…
America’s Car-Mart (CRMT – Snapshot Report) recently delivered big beats on both the top- and bottom-lines. This prompted analysts to revise their earnings estimates significantly higher for both this year and next, sending it to a Zacks Rank #1 (Strong Buy). America’s Car-Mart operates 136 automotive dealerships in ten states and is focused exclusively on selling and financing…
Learn how to find low risk, high reward trading areas based upon a few simple rules and strategies. In this webinar, Trader Tim of EminiMind.com will walk through the basics of Market Profile as well as some of the more advanced, yet simple strategies for calculating and identifying value area and where the best trading…
