Kurt Osterberg

Browsing All Posts By Kurt Osterberg

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The Great Rotation Continues

If you own Apple (AAPL) you’re in big trouble. Well, maybe. The Great Rotation continues. The leading technology companies are still trading poorly. They may have another 5% to the downside. But i...
On July 10, 2017 / By Kurt Osterberg
Finance 0
The Labor Market Conditions Index Down In June

The latest update of the Labor Market Conditions Index for June is at 1.5, down from May’s revised 3.3. The LMCI is a relatively recent indicator developed by Federal Reserve economists to asses...
On July 10, 2017 / By Kurt Osterberg
Finance 0
Indian Markets To Triple Over Five Years

Audio Length: 00:53:58 I saw this headline on LinkedIn recently: “Nifty will triple in 5 years.”1 The quote was attributed to Ridham Desai, Morgan Stanley’s head of research for Indian equitie...
On July 10, 2017 / By Kurt Osterberg
Finance 0
Aussie & Kiwi: Bearish Outlook Remains

A few weeks ago, we took a detailed look from a technical point of view at the two interesting pairs. We speculated the possible scenarios, based on the previous reactions and the potential catalysts,...
On July 10, 2017 / By Kurt Osterberg
Finance 0
Premarket Biotech Digest – CELG Inks New Deal, LLY Gets Favorable Ruling, ALR Modifies Deal

Top Pick of the Day: CELG Celgene Corporation (CELG) announced that it has agreed to acquire a stake in BeiGene. The deal has valued BeiGene stock at $4.58 apiece. The company will buy 5.9 percent of ...
On July 10, 2017 / By Kurt Osterberg
Finance 0
USD Strategy For Bullish And Bearish Scenarios As The Dollar Remains Near Lows

This week is another big one for the U.S. Dollar, as the currency remains pinned-down near 10-month lows. The primary drivers for this week will likely come from Fed Chair Janet Yellen’s two-day te...
On July 10, 2017 / By Kurt Osterberg
Finance 0
Secular Trends In Employment: Goods Producing Versus Services Providing

The Department of Labor has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are categorized in either Service-Providing Industries or Goods Prod...
On July 10, 2017 / By Kurt Osterberg
Finance 0
Oil Dives (Again) As Hedge Funds Most Bullish In 3 Weeks

On Sunday evening we wondered if news that Libya and Nigeria may soon be asked to cap output would serve as a catalyst for crude prices to start the week. Boom.. here’s your catalyst for oil on ...
On July 10, 2017 / By Kurt Osterberg
Finance 0
General Mills: Blue Chip Consumer Staples Stock Trading At Fair Value

The consumer staples industry has a compelling value proposition for conservative investors. Why is this? The consumer staples sector has historically been one of the best-performing sectors of the s...
On July 10, 2017 / By Kurt Osterberg
Finance 0
Euro/Dollar In Danger Of Falling Below 1.1380

On Monday July 10, the US dollar index (DXY) is trading up thanks to Friday’s payrolls report. At the time of writing this review, the DXY is at 96.15 against a session high of 96.20. The euro/dolla...
On July 10, 2017 / By Kurt Osterberg