Browsing Category Finance
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Finance 0
Stocks Take A Beating As Rate Hike Possibility Returns
Speculation is heating up before the 2 p.m. release of the minutes from the last FMOC meeting. Both equity and bond markets reacted strongly Tuesday in anticipation of the hawkish ... -
Finance 0
Mr. Market Is Way Far Off On Wayfair
I’ve been really intrigued by Wayfair (W) recently. It started with the purchase of a sleeper sofa last year. Furniture shopping sucks. Showcase stores are enormous but sti... -
Finance 0
GBP/USD Remains Weak And Vulnerable To The Downside
GBP/USD: The pair continues to look weak and vulnerable to the downside in the short term despite its recovery attempts on Tuesday. On the downside, support lies at the 1.4400 leve... -
Finance 0
Copper Slides To Three Month Low Despite Flat Futures, Oil; Dollar Rise Continues
After two violently volatile days in which the market soared (Monday) then promptly retraced all gains (Tuesday), the overnight session has been relatively calm with futures and oi... -
Finance 0
US Business Cycle Risk Report – 18 May, 2016
US economic growth remains sluggish, hinting at the possibility that a new recession may be near. But the numbers don’t align with a pessimistic intuition. The probability is ext... -
Finance 0
E Elliott Wave Analysis: EUR/USD Continuing Towards 1.1217
EUR/USD is trading lower for the last few weeks away from 1.1616 where pair found a high of a complex corrective recovery up into blue wave C-circled that represents part of a big ... -
Finance 0
USD And GBP Look Strong Ahead Of Key Data For Both
The pound continues enjoying optimism regarding remaining in the EU and the USD reacts to Fed officials talking about a hike. Today these currencies will be tested on the UK jobs r... -
Finance 0
Oil Heads Higher As Supply Issues Give Momentum
On Tuesday, oil closed higher as there is an expectation that U.S. stockpiles are heading lower. There was news that the wildfires in Canada are now targeting a new oil supply line... -
Finance 0
S&P 500 And Nasdaq 100 Forecast For May 18, 2016
S&P 500 The S&P 500 fell during the day on Tuesday, as we continue to bounce around the 2050 region. We tested the 2040 handle for support again, and of course found it the... -
Finance 0
Japanese Economy Recovers In 1Q GDP Data, Investors Unconvinced
Japan’s economy returned to growth through the first quarter (1Q) of 2016. However, the optimism this data may otherwise supply is significantly diminished by the volatility in t...
