Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Markets Mark Time, Dollar Consolidates Losses

After falling to new lows for the year against several major currencies in response to disappointing retail sales and uninspiring CPI before the weekend, the US dollar has begun the new week on a more...
On July 17, 2017 / By Kurt Osterberg
Finance 0
Sleepy Overnight Session Interrupted By Chinese Market Turmoil

Another new week, another day with not much going on. So much, or rather little so, that in its daily wrap Citi starts off with the following: “Pop Art pioneer Andy Warhol, who once said “I li...
On July 17, 2017 / By Kurt Osterberg
Finance 0
Patriot Transportation Is A Forgotten Undervalued Spin-Off

Patriot Transportation (PATI) is a top tier regional tank truck hauler servicing the southeastern United States. FRP Holdings spun-off Patriot Transportation during January 2015 and began trading und...
On July 17, 2017 / By Kurt Osterberg
Finance 0
Bullet Report: Top 5 Things Happening In The Market Today – Monday, July 17

Top 5 Things to Know Before You Start Trading This Monday the market is still reeling from last week’s data and events while we await central bank releases. 1 – Friday’s US Data Disappoints ...
On July 17, 2017 / By Kurt Osterberg
Finance 0
US Dollar Tries To Recover After Plunge Against Top Currencies

The US Dollar traded broadly higher to start the week. The move appeared to be corrective following Friday’s sharp selloff amid cooling Fed rate speculation in the wake of another round of disappo...
On July 17, 2017 / By Kurt Osterberg
Finance 0
Sensex Remains Positive; Cigarette Stocks Decline

After opening the day on a positive note, the share markets in India continue to trade above the dotted line. Barring FMCG stocks, PSU stocks and capital goods stocks, all sectoral indices are t...
On July 17, 2017 / By Kurt Osterberg
Finance 0
A Bearish Citi Warns “Bigger Forces Are At Play”, Pointing To Its ‘Chart Of The Week’

Over the next three weeks, the investing world will shift its attention away from the endless chatter of central bankers and concerns about the state of the economy, and instead focus on second quarte...
On July 17, 2017 / By Kurt Osterberg
Finance 0
The Fed Shifts The Future Focus For The S&P 500 In Week 3 Of July 2017

In the third week of July 2017, Fed Chair Janet Yellen may very well have single-handedly reversed the momentum for short term interest rate hikes at the U.S. Federal Reserve. Writing at Real Investme...
On July 17, 2017 / By Kurt Osterberg
Finance 0
Bitcoin Is Facing Key Support At 1737

BTCUSD recently broke below the bottom support trend line of the triangle pattern on its 4-hour chart and the ascending trend line on the daily chart, and is now facing the key support at the May 27 l...
On July 17, 2017 / By Kurt Osterberg
Finance 0
Forex Week In Review – Monday, July 17

Last week was a positive affair for the world’s major markets with all indexes making gains. In Europe over the course of the week, the FTSE was up on last week’s close by 0.37% at 7378.4; the DAX...
On July 17, 2017 / By Kurt Osterberg