FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US retail sales report unlikely to trigger big shift in US Dollar trend Clarida, Bowman confirmation hearings in focus on Fed-speak docket Key data from the Eurozone and Japan, RBA minutes may help USD The US Dollar probed four-month highs last week but ultimately settled little-changed against an average of its…
A few weeks ago, the PBOC stunned many mainstream observers by reducing the RRR. It cut against the preferred narrative that the central bank was “tightening” in anticipation of an economic and therefore inflationary breakout (labor shortages, don’t you know). It didn’t seem to make sense. From the perspective of globally synchronized growth, it wouldn’t….
Well, it appears we cursed natural gas volatility, as after touting the largest daily range since February 21 yesterday we saw the smallest daily range of the year today. Prices traded just below our $2.82 resistance level through the day, seemingly consolidating after yesterday’s large spike. In our Morning Update we explained why we expected a…
LITTLE ROCK, Ark., May 11, 2018 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), today announced the pricing of an underwritten public offering of 2,860,000 shares of its common stock at a price of $0.70 per share. The company has also granted to the underwriters a 30-day option to acquire an additional 429,000 shares to cover overallotments…
The Chart of the Day belongs to Superior Drilling Products (NYSEMKT: SDPI). Since the Trend Spotter signaled a buy on 3/21 the stock gained 25.58%. Superior Drilling Products, Inc. operates as a manufacturer and remanufacturer of PDC (polycrystalline diamond compact) drill bits and drill string tools for the oil, natural gas and mining services industries. It also provides manufacturing, leasing,…
“Those who are at present so eager to be reconciled with the world at any price must take care not to be reconciled with it under this particular aspect: as the nest of The Unspeakable. This is what too few are willing to see… Be human in this most inhuman of ages; guard the image…
Argentina keeps intervening in the currency markets hoping to prop up the Peso. The strategy backfired. Currency Crisis MarketWatch notes a New Record Low in the Peso. The Central Bank of Argentina has been intervening in the exchange rate by selling dollars and buying back local currency, in an attempt to stem the descent of peso…
A review of the day’s trading in precious metals markets. Video Length: 00:11:42
