AUD/USD surges on weak US Dollar has best day in weeks. AUD/NZD jumps to highest in 2 months. The Australian Dollar was the top performer among major currencies. A decline of the US dollar and an improvement in risk appetite with easing tensions on Emerging Markets helped the Aussie. A lower-than-expected CPI reading in the US added…
Video Length: 00:08:16 Our world is becoming increasingly digital and interconnected, bringing us new opportunities, but also creating enormous challenges. The abundance of digital information and sophisticated tools available to process and share that information make it very hard to ensure data security in this interconnected world. That is why cybersecurity threats and cyberattacks are…
Top tickers for end of day: AAPL, BAC, HMNY.
Inertia is a powerful force – and if you’re like most Americans – you’re still earning almost nothing on your cash because of it. According to Bankrate.com, the national average yield on savings and money market accounts are currently 0.09% and 0.15% respectively. Many of the largest banks (Bank of America, Chase, Citibank, HSBC, and Wells…
One of the strongest currencies over the past few days has been the loonie. It’s up more than 230 pips against the buck since the start of the week after having failed to take out the upside at 1.3000 level. Higher oil prices. strong funda data and creeping doubt that the Fed will not hike…
SolarEdge reported another impressive quarter and announced that is entering the UPS business with the purchase of Gamatronic’s assets. We present Gamatronic business and financials, and comment on the acquisition in the context of other recent smart-energy initiatives. We update the valuation model and rate the investment opportunity against “the Google hurdle”. SolarEdge Technologies (SEDG)…
Brien Lundin and I have a discussion about whether the gold sector is currently ignored or hated. While it may not seem like a big difference there are some distinctions need to be made when determining if now is a good time to be buying. (Audio length 00:11:36)
It’s quite evident the Facebook privacy scandal, which garnered worldwide attention and lengthy Congressional hearings, is now a minuscule footnote in history. Nobody cares. Here is the longer view…….. ………as equity indexes break above their right triangles……..
Video by Steve Sosnick A discussion on oil and energy markets. Video Length: 00:04:35
This week we gained two pieces of inflation information – the Consumer Price Index (CPI) and the Producer Price Index (PPI).Both measures provide insight into where inflation has been in recent months. Overall, the CPI came in at +2.4% compared to the prior year, while the PPI came in at +3.6% over last year.Prices are rising, although not…
