The US dollar is broadly firmer though the Antipodean currencies continue to enjoy residual strength. The Canadian dollar is not being dragged up with them on account of Bank of Canada meeting today. Although Governor Poloz dampened expectations for a cut with last week’s reiteration that the January rate cut was an insurance policy to buy…
Video Length: 00:02:31 See Today’s Trading Opportunities Below ñ Watch The Video For Full Market Analysis 1 – The EUR/USD pair continues to do nothing during the session on Tuesday, and as we go into Wednesday we see no real trading opportunity beyond the fact that we can buy puts on short-term rallies. We believe…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. This week has certainly been historic so far as the DOW reached levels significantly higher than it’s previous all-time high. As of this morning, however, the DOW is pointing to a lower open,…
Oil’s rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we…
“The NDC states that mainland China’s legal environment is not transparent, with many unwritten rules increasing the risk of entrepreneurship. Mainland China is not the region of choice for Taiwan’s young entrepreneurs, and is not a good environment for entrepreneurship.” – Statement by the NDC Image Credit: Shuttterstock/ Business man refusing money offered by business man…
Palo Alto Networks (NYSE: PANW) posted their fiscal second quarter 2015 report on March 2nd. The cyber security company’s report topped estimates following large-scale breaches at Sony and Target that garnered media attention. The cyber security company now has over 22,000 customers, or 6%-7% of the market share as stated by CEO Mark McLaughin on CNBC….
Markit has new reports out today on service activity in China and Japan. The former shows a bit of growth, the latter contraction. Because the reports are diffusion indices that give no weighting to the size of the companies reporting, one must look at these reports with a broad brush. Japan Business Activity Contracts The Markit…
As I mentioned yesterday, there wasn’t anything that amazing and new in the annual letter of Berkshire Hathaway. Lots of people found things to comment on, and there is always something true to be reminded of by Buffett, but there was little that was new. Tonight, I want to focus on a few new things,…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) announced the results of its pharmacokinetic (PK) study for its dry powder inhaler product, APC-5000. The study was a Phase I PK study comparing the bioavailability of Adamis’ APC-5000…
The EUR/USD pair fell during most of the session on Tuesday, as the 1.12 level continues to be resistance. Ultimately, I believe that this market should continue to go lower but the fact that we bounced enough to form a bit of a hammer suggests that we may get a little bit of a bounce as follow…
