Latest Posts

  • Finance 0

    Oil, Tensions And Demand On The Rise

    Oil prices are on the rise as supply from Northern Iraq in the Kurdish territory have been reduced as tensions rise. We are also getting new threats from North Korea as UN envoy, Deputy ambassador Kim In-ryong tells general assembly that tensions with the U.S. “has reached the touch-and-go point and a nuclear war may break out any moment”. This comes as global demand expectations are rising. China growth is expected to rise to 7% and their oil imports should continue to stay near record highs as they start to get addicted to U.S. crude oil supply. Iraq and Turkey have been taking a hard line since an independence referendum that was held ...
    On October 17, 2017 / By
  • Finance 0

    Critical Threats To 2017’s Bull Market – Part 1: Macro View

    While the idea that anything could go wrong in global stock markets (especially US markets) is simply incomprehensible to most, Bloomberg’s macro strategist Mark Cudmore dares to mention a few of the more prescient ‘known unknowns’ that could hamper the meltup for the rest of the year… Via Bloomberg, The base case for the last 11 weeks of 2017 is that the global equity bull market marches on, or even accelerates. But it’s worth determining which known risks have the potential to significantly derail it and which ones can be mostly ignored. The MSCI All World Index has risen more than 40% from its February 2016 lo...
    On October 17, 2017 / By
  • Finance 0

    AUDUSD Short-Term Analysis – Tuesday, Oct. 17

    AUDUSD short-term Elliott Wave analysis suggests that the decline to 0.7731 ended Primary wave ((W)) on 10/6 low. Bounce in Primary wave ((X)) is proposed to be unfolding as a double three Elliott Wave structure. Intermediate wave (W) of ((X)) ended at 0.7897 and Intermediate wave (X) of ((X)) pullback is in progress as a zigzag Elliott Wave structure. Down from 0.7897 high, Minor wave A proposed complete at 0.7832. While Minor wave B bounce stays below 0.7897, the pair should turn lower in Minor wave C of (X) to correct the cycle from 10/6 low.  Afterwards, as far as pivot at 10/6 low (0.7731) stays intact, expect the pair to resume h...
    On October 17, 2017 / By
  • Finance 0

    Gold & Silver- Desperately Need This To Hold

    Below looks at the Silver/Gold ratio over the past 30-years. Metals bulls (both Gold & Silver) want to see the ratio moving higher, to send a quality bullish message to both. The ratio has spent the majority of the past 30-years inside of rising channel (1). When the ratio hit the top of the long-term rising channel back in 2011, the ratio put in a large bearish reversal pattern at (A). This is where both Gold & Silver both started turning weak. Over the past 5-years, the ratio has created a series of lower highs and lower lows inside of falling channel (2), which is not long-term bullish for the metals. The ratio hit rising support...
    On October 17, 2017 / By
  • Finance 0

    Stocks To Watch: AMTD, DVN, SYMC

    Tuesday’s stock picks: Take a look at three trading ideas to prep you for the next trading session. Long TD Ameritrade (AMTD) Long Devon Energy (DVN) Short Symantec (SYMC)...
    On October 17, 2017 / By
  • Finance 0

    US Dollar And Gold Review

    A review of currencies and the gold market.  Video Length: 00:06:14...
    On October 17, 2017 / By
  • Finance 0

    US Dollar And Gold Review

    A review of currencies and the gold market.  Video Length: 00:06:14...
    On October 17, 2017 / By
  • Finance 0

    Is The Unemployment Rate “Right”?

    The topic of the unemployment rate has come up a lot recently with regards to debates around full employment, wage growth, inflation, the stage of the business cycle, and of course monetary policy.  These are all critical inputs into the macro backdrop which is of great relevance to most of the key markets (think stocks, bonds, currencies). The chart in question came from the latest edition of the Weekly Macro Themes report, which looked at the issue from a few angles in terms of the outlook for the Fed. The chart shows the unemployment rate, standardized against its own history, alongside two key survey measures of labor market conditions...
    On October 17, 2017 / By
  • Finance 0

    Share Markets In India End Flat; Cipla & Bharti Airtel Top Gainers

    Share markets in India ended flat ahead of key corporate results and as profit booking in index heavyweights capped gains. At the closing bell, the BSE Sensex closed lower by 24 points. While, the NSE Nifty finished higher by 4 points. Meanwhile, the S&P BSE Midcap Index finished up by 0.4% while the S&P BSE Small Cap Index ended up by 0.5%. BSE sectoral indices ended the day on a mixed note. Among them, realty sector gained the most by 0.8%, followed by oil & gas sector 0.8%, while banking sector & information technology sector both finished down by 0.2% & 0.1% respectively. Cipla, Bharti Airtel, Asian ...
    On October 17, 2017 / By
  • Finance 0

    UnitedHealth (UNH) Beats On Q3 Earnings, Guides Higher

    Have you been eager to see how UnitedHealth Group Inc. (UNH – Free Report) performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this Minnesota-based health insurer’s earnings release this morning: An Earnings Beat UnitedHealth came out with earnings per share of $2.66, beating the Zacks Consensus Estimate of $2.57. Results were aided by higher revenues from both its segments – UnitedHealthcare and Optum. How Was the Estimate Revision Trend? You should note that the earnings estimate for UnitedHealth depicted optimism prior to the earnings release. The Zacks Consensus Estimat...
    On October 17, 2017 / By