Browsing All Posts By Kurt Osterberg
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Drop In Existing House Sales In The US Amid Supply Fears
The sales of existing houses in the US dropped by 1.8% for June to an annual base of 5.52 million houses, from 5.62 million the previous month. This was way below expectations which were at 5.58 milli... -
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Oil Prices Remain Steady In Early Trade
Oil prices remained near eight-week highs on Wednesday morning after data released on Tuesday by the American Petroleum Institute showed that U.S. crude stockpiles declined by 10.2 million barrels las... -
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2017- Q3 Starts With Faster Pace For Dividend Cuts
It’s still early in the third quarter of 2017, but compared to the third quarter of a year ago, distressed U.S. firms experiencing distress are cutting their dividends at a slightly accelerated ... -
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7 Tech ETFs On Radar Ahead Of Facebook Q2 Earnings
Social media giant Facebook (FB – Free Report) is set to release second-quarter fiscal 2017 results on July 26 after market close. After seven consecutive quarters of earnings and revenue beat... -
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NAFTA Equities: More In Difference Than In Common
In a recent report I was prompted to look at the NAFTA economies and equity markets. A key reason was the Canadian rate hike that had the Bank of Canada joining the US Federal Reserve and Banco de ... -
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The Death Cross Of Central Bank Credibility
With no expectations of a rate-hike this week, and traders rapidly giving up on The Fed’s dream of a steadily higher rate trajectory, a funny thing happened in the markets… In the eyes of... -
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USD/JPY Break Or Bounce At 112.50 Resistance Of Wave 4
USD/JPY 4 hour The USD/JPY has broken above the resistance trend lines (dotted) after completing wave 3 (orange). The bullish price action could still be part of a wave 4 (orange) as long as price sta... -
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Gold Slips Ahead Of Fed Statement
Gold prices fell $5.03 an ounce on Tuesday as equities gained and the dollar rallied after the Conference Board reported that its consumer confidence index jumped to 121.1 from 117.3 the prior month. ... -
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Redfin IPO, Tech Company Changing Real Estate Industry
Real estate brokerage Redfin Corp. (Pending:RDFN) filed an S-1/A with the Securities and Exchange Commission detailing its upcoming initial public offering. The IPO is expected to place on Friday, J... -
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Chipotle Reports Improved Earnings
Chipotle Mexican Grill, Inc. (CMG), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos,...
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China suspected in massive breach of federal personnel data
