EURO TALKING POINTS EUR/USD may stage a larger advance over the coming days as European Central Bank (ECB) officials show a greater willingness to move away from the easing-cycle. Recent price action raises for a more meaningful recovery as the exchange rate carves a fresh series of higher highs and lows, and the Euro may continue to outperform against…
It’s funny what a difference a week can make in the markets. Up until last week, the equity market picture looked rather bleak, with investor sentiment waning and record-setting volatility. But all of that seemed to have subsided in last week’s trade as the major averages marked their strongest week in quite some time. On…
Wanna trade? I’ll swap you 18 barrels of my crude oil for one of your one-ounce gold bars. Yes, that’s right. Eighteen. Oh, I know you once commanded as much as 39 barrels for your gold, but that was then. This is now. You see, for the first time in three years, the gold/oil ratio’s…
Do you recall the evil of the market back in early February? You know, those evil folks that caused the market to crash known as the “short-Vol/VIX traders”. CNBC’s Mad Money Host Jim Cramer penned an article only a couple days after the February 5thVolpocolypse titled “Jim Cramer: There Are 4 Real Culprits for This…
Within the broader equity market these days, there probably isn’t a sector that is more out of favor than Consumer Staples. As consumers have shifted their tastes away from brands that dominated the economy of their parent’s generation, the stocks in the sector have been big market laggards.The chart below shows the relative strength of…
All measures of Retail Sales are expected to rise, but with a significant variation. The Control Group measure holds the key to the reaction. The US Dollar made a significant correction on the previous critical figure and awaits the verdict from this report. The US Retail Sales are published on Tuesday, May 15th, at 12:30…
The stock of L Brands (LB), the parent of Victoria Secret’s and Bath & Body Works, was trading sharply lower after a disappointing April sales release. Reported sales were in line with 2018 full year guidance, with net sales up 4% YoY and comparable sales up 3% YoY after adjustment for the earlier Easter holiday. By brands,…
<< View More: Weakening Dollar Buy Gold Part II? << View More: Weakening Dollar Buy Gold? A review of today’s commodities, stocks, ETFs and stock market indexes. Video Length: 00:17:13
After four months of bearish activity, it appears the recent correction may be ending. It’s a bit early to declare total victory over the bears, but the evidence provided by the charts and technicals looks bullish. Naturally, a tweet storm or geopolitical messiness could unhinge the market, but we must live with that uncertainty. Charts and…
ALACHUA, Fla., May 14, 2018 (GLOBE NEWSWIRE) — AxoGen, Inc. (Nasdaq:AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerves, today announced the closing of its previously announced underwritten public offering of 3,450,000 shares of its common stock, at a price to the public of $41.00 per share. The number of…
