Latest Posts

  • Finance 0

    Gold Trapped In A Triangle

    Good morning traders. Today, let’s take a quick peek at Gold and its mid-term development. We see Gold trading in a big, choppy, overlapping and sideways price action since the start of 2016. This slow visible structure resembles an Elliott wave triangle correction. A triangle correction is a complex pattern with five legs, with each leg having three more sub-waves. On the daily chart of Gold we see price trading within leg D) of this triangle pattern, which may see more weakness in the next few days, ideally to 61.8% Fib. The level that comes in around 1205 July swing low. Video Length: 00:12:34...
    On October 19, 2017 / By
  • Finance 0

    Does Corruption Hinder Economic Growth?

    from Qruis (formerly The Indian Economist) — this post authored by Ishita Misra According to a research done by a State Bank of India (SBI) team, corruption and economic growth are intrinsically related. Data from around the world shows that a lower level of corruption corresponds to a higher economic growth rate in a country. The report claims that demonetization has had a positive impact on curbing corruption. Furthermore, lower levels of corruption have led to an increase in foreign fund inflows. However, even though corruption levels have decreased, it is still a rampant problem in India that needs to be weeded out to ensure econom...
    On October 19, 2017 / By
  • Finance 0

    WTI Crude Oil And Natural Gas Forecast – Thursday, Oct. 19

    WTI Crude Oil Crude oil markets got a bit of a boost during the session on Wednesday, as the inventory number was a lot more bullish than anticipated. However, we are starting to see a significant barrier at the $52.50 level, so I think what we’re going to be seen over the next couple of days is consolidation, and perhaps an attempt to break out. Pullbacks of this point could be thought of as a value, but if we were to drop below the $49 level, that would kill the uptrend, at least for the short term. I believe that the crude oil markets will continue to be almost impossible to hang onto for any significant amount of time because it’s mov...
    On October 19, 2017 / By
  • Finance 0

    Stocks Going Ex Dividend The Fourth Week Of October

    Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date. The actual dividend may ...
    On October 19, 2017 / By
  • Finance 0

    Detective Work Leading To Viable Trading Strategies And The Rise Of Artificial Inteligence

    Audio Length: 01:19:05 Options trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options before trading options. Dr Thomas Starke is a Physics PhD who once designed microchips, worked as an engineer for Rolls Royce and lectured at University of Oxford, before applying his know-how of modelling to financial markets… As a trader, Thomas has contracted to various funds and up until recently, he was a Quantitative Developer at a well-regarded Sydney prop trading firm. Thomas was great to chat with—not only did we talk about things related to quant trading, strategy development and ...
    On October 19, 2017 / By
  • Finance 0

    How Much Can One Company Affect The S&P 500’s Dividends?

    2017 hasn’t been a good year for General Electric (NYSE: GE), and now, the company’s new CEO, John Flannery, who took over from Jeffrey Immelt in August 2017, is shaking up the company as its financial problems are reaching a crisis point, all while its stock price continues its 2017 trend of descent. That much is evident from the just-announced departure of the company’s new Chief Financial Officer, Jeff Bornstein, who had just moved into the CFO position at the same time Flannery was elevated to be GE’s Chief Executive Officer. The unexpected change points to ongoing issues with the company’s financial sit...
    On October 19, 2017 / By
  • Finance 0

    AUD/USD Hardly Rises Despite Robust Jobs Report, Chinese GDP

    The Australian dollar should be on a roll after data from both Australia and its No. 1 trading partner China point upwards. AUD/USD is trading around 0.7870, up from the lows of 0.7840. This is a relatively limited move. Is the Aussie showing us its weakness? Australia received a better-than-expected jobs report. The country gained 19.8K jobs in September, better than 15K expected. In August, the land down under enjoyed a big jump of 53K. The unemployment rate dropped from 5.6% to 5.5%, also better than expected. Full-time jobs are up 6.1K while part-time employment is up 13.7K, and this is not the best composition, but good enough. The part...
    On October 19, 2017 / By
  • Finance 0

    Exploring Your Options For Small Business Financing

    There are more financing options available for new businesses than have ever been before. With so many options available, some new businesses don’t have time to explore every avenue of financing. Others don’t even know about what’s out there! It’s well worth the time and effort to become aware of different ways to get money. If you’re starting a small business and can’t figure out a funding strategy that feels right, consider some of the other options. Community Funding. Community funding is actually a very diverse umbrella term that includes a number of distinct methods. Community funding can be as simple as a bake sale, or as c...
    On October 19, 2017 / By
  • Finance 0

    EUR/USD 61.8% Fib Bounce Starts Triangle Chart Pattern

    EUR/USD 4 hour The EUR/USD bounced at the 61.8% Fibonacci level of potential wave B (purple) and support trend line (blue). A break above the resistance trend line (orange) would confirm a bullish breakout within wave C of wave X (pink). A break below the support trend line and 78.6% Fibonacci level makes a bullish ABC less likely and the price will probably continue lower as part of wave 4 (light purple). 1 hour The EUR/USD broke above the resistance trend lines (dotted orange) and could be building a wave 1-2 if the price stays above the 100% Fibonacci level of wave 2 vs 1. GBP/USD 4 hour The GBP/USD is still undecided about a bearish or bu...
    On October 19, 2017 / By
  • Finance 0

    SEK Outlook – Inflation Remains Tame, Unemployment To Remain Steady

    Sweden’s unemployment data is expected to be released today. According to the economists polled, the unemployment rate is expected to remain steady at 6%, unchanged from the month ago. The unemployment rate fell from 6.6% that was registered in July this year. Sweden Unemployment Rate: 6%, August 2017 (Source: Tradingeconomics.com) Sweden’s unemployment rate spiked to 7.4%, once in February and later in June this year before falling to the current 6% unemployment rate in August. However, the lower unemployment rate is unlikely to see any major changes from the Riksbank with inflation staying muted after a brief rise earlier this year. Swe...
    On October 19, 2017 / By