Kurt Osterberg

Browsing All Posts By Kurt Osterberg

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AUD: Valuation Getting Stretched; What’s Next? – NAB

The Australian dollar made a big break, taking advantage of the hawkish RBA minutes. Has it gone too far? Here is their view, courtesy of eFXnews: NAB FX Strategy Research notes that AUD/USD spent mu...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Euro Break-Out, Pound Break-Down, And The Dollar Drops Again

While this week does contain the potential for some fireworks, few were probably expecting matters to develop so quickly ahead of the European Central Bank rate decision on Thursday. Starting at about...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Johnson & Johnson And Harley-Davidson, Inc. Q2 Earnings Reports

The Johnson & Johnson (JNJ) Q2:F17 and Harley-Davidson (HOG) Q2:F17 earnings reports were released before opening bell this morning. Johnson & Johnson posted adjusted earnings of $1.83 per sha...
On July 18, 2017 / By Kurt Osterberg
Finance 0
USD/CAD’s Performance At The Start Of Previous BOC Rate Hike Cycles Points To More Downside

Last week’s price action in the Canadian dollar marked a major “sea change” for the currency. Whereas the loonie had previously been lumped in with the other commodity dollars strugg...
On July 18, 2017 / By Kurt Osterberg
Finance 0
USD/CAD’s Performance At The Start Of Previous BOC Rate Hike Cycles Points To More Downside

Last week’s price action in the Canadian dollar marked a major “sea change” for the currency. Whereas the loonie had previously been lumped in with the other commodity dollars strugg...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Bear Of The Day: O’Reilly Automotive

O’Reilly Automotive (ORLY) is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the US, serving both professional service pr...
On July 18, 2017 / By Kurt Osterberg
Finance 0
The Stock Whisper Of The Day: BAC, ERIC, DIA, TGT, NLY, HOG

Hot stocks of the day: BAC, ERIC, DIA, TGT, NLY, HOG Video length: 00:04:46...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Krona Slides Most In Two Months As Riksbank Minutes Add To Central Bank Confusion

So, the Riksbank. That’s the folks in Sweden. You know, the people Paul Krugman called “sadomonetarists” in a truly cartoonish 2014 blog post. Those would be the same “sadomonetarists” who ...
On July 18, 2017 / By Kurt Osterberg
Finance 0
AMD Downgraded To Underweight From Equal Weight At Barclays

Barclays analyst Blayne Curtis downgraded AMD (AMD) to Underweight with an unchanged price target of $9. The chipmaker closed yesterday down 12c to $13.80. The analyst is “unconvinced” tha...
On July 18, 2017 / By Kurt Osterberg
Finance 0
Oil Cracks

Oil prices are trying to recover on a weak dollar after selling off yesterday on the August oil future contract expiration. Also on a prediction by the Energy Information Administration (EIA) that US ...
On July 18, 2017 / By Kurt Osterberg