Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Crude Oil (CL_F) Elliott Wave View: Pullback In Progress

Oil Short Term Elliott Wave suggests that the decline from 8/1 peak is unfolding as a double three Elliott Wave Structure where Minute wave ((w)) ended at 46.46 and Minute wave ((x)) ended at 48.76...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Crude Oil Declines Despite Harvey & Falling Inventories

The main question everyone asks nowadays is why are crude oil prices falling? Many traders are asking the same question over and over again, and so far, there is no logical answer for such question. I...
On August 30, 2017 / By Kurt Osterberg
Finance 0
The Death Of Cash – New Tech To Revolutionize The Payments Industry (SPONSORED POST)

This article was removed at the author’s request....
On August 30, 2017 / By Kurt Osterberg
Finance 0
Bull Of The Day: China Lodging Group

China Lodging Group, Limited (HTHT – Free Report) is cashing in on the growing Chinese middle class that wants to travel. This Zacks Rank #1 (Strong Buy) is expected to see revenue grow in th...
On August 30, 2017 / By Kurt Osterberg
Finance 0
First Look At August: ADP Says 237K New Nonfarm Private Jobs

The economic mover and shaker this week is Friday’s employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Sterling’s Weak Outlook Weighs Heavily

With only brief positive incursions, the Pound Sterling continued its slide versus the Euro as the ongoing negotiations for a Brexit agreement sideline potential investors. On Tuesday, the Pound had f...
On August 30, 2017 / By Kurt Osterberg
Finance 0
‘Unless There Is A War’ There Is No Stopping The Yuan Train

Ok, dammit. There is apparently no stopping the yuan. Back in late May/early June, the PBoC engineered an epic short squeeze. That effort included the introduction of an absurdly opaque “counter-cyc...
On August 30, 2017 / By Kurt Osterberg
Finance 0
The 10-Year Treasury Yield Dips To Lowest Level This Year

Demand for safe-haven Treasuries kicked into high gear yesterday, which cut the benchmark 10-year Treasury yield down to its lowest level in nearly ten months. What’s driving this key rate down? A c...
On August 30, 2017 / By Kurt Osterberg
Finance 0
German HICP Beats Expectations With 1.8% Y/Y – EUR/USD Still Struggles

A slightly stronger level of inflation, at least in the European standard “Harmonized” version, HICP. Prices rose by 0.2% m/m and 1.8% y/y, another acceleration that will push euro-zone inflation ...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Morning Call For Wednesday, August 30

OVERNIGHT MARKETS AND NEWS Sep E-mini S&Ps (ESU17 +0.08%) this morning are up +0.09% and European stocks are up +0.38% as they followed Asian markets higher after tensions surrounding North Korea...
On August 30, 2017 / By Kurt Osterberg