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  • Finance 0

    If You Miss Buying Gold – You Will Regret, It Later

    If you held LinkedIn, in your portfolio, you have lost more than 43% of your investment within a single day, and it is most likely to decline even further. In the current situation of flux, it is difficult to find an asset class where you can safely deposit your money. The stock market is dropping and has entered a bear market, the crude oil market continues to hit new yearly lows while, base metals have no buyers, making it difficult to find an asset class where one can invest. But in the sea of red, the oasis will be Gold. However, most of the experts in the media, as well as financial advisors, have advised you against buying the yellow me...
    On February 10, 2016 / By
  • Finance 0

    Positive Results Fail To Buoy Intel Shares

    Semiconductor technology behemoth Intel (INTC:NASDAQ) has seen shares take a dive in January even after it reported a seemingly strong fourth quarter earnings report. The company managed to boost revenues year over year by 1.00%, and the company met or beat most of its guidance for the quarter. Shares still dropped by -9.00% that session alone, siding further to $29.63. The earnings report highlighted worrying trends in the two segments Intel has come to lean on heavily to offset weakening demand for its flagship PC processor chips. The company’s Internet of Things segment and its Data Center Group both reported smaller profits. Intensifyi...
    On February 10, 2016 / By
  • Finance 0

    The Stock Whisper Of The Day: SPY, SCTY, GSK, BCS, UBS, XLF, AAPL

    (Video length 00:06:08)...
    On February 10, 2016 / By
  • Finance 0

    Pause For The Cause

    Well, today’s the day they roll the old biddy out in front of Congress to say whatever she’s going to say to try to keep the house of cards from collapsing a few more weeks, days, or hours. I’m not as worked up about these things as I used to be, since central bankers are rapidly being exposed as the feckless, bumbling clowns that they are, but yesterday I did trim back on some shorts since the juiciness of profits was outweighing the opportunity for much more downside. Prudential is one fine example: I wanted to be short something in size, however, so I landed on bonds, which for weeks now have been the safe haven. I’m favoring the...
    On February 10, 2016 / By
  • Finance 0

    EUR/USD And GBP/USD Forecast – February 10, 2016

    EUR/USD The EUR/USD pair initially fell during the day on Tuesday but found enough support below the 1.12 level to turn things around. In fact, we even got above the 1.13 level at one point, and that suggests that we are going to continue to see quite a bit of buying pressure. I believe that this market is trying to reach the 1.15 level, and it is probably only a matter of time before we do. I think that pullbacks will continue to be thought of as buying opportunities, and a marketplace that certainly seems to be breaking out of what had been rather significant and stringent consolidation. A lot of traders out there now are starting to think ...
    On February 10, 2016 / By
  • Finance 0

    EUR/USD And GBP/USD Forecast – February 10, 2016

    EUR/USD The EUR/USD pair initially fell during the day on Tuesday but found enough support below the 1.12 level to turn things around. In fact, we even got above the 1.13 level at one point, and that suggests that we are going to continue to see quite a bit of buying pressure. I believe that this market is trying to reach the 1.15 level, and it is probably only a matter of time before we do. I think that pullbacks will continue to be thought of as buying opportunities, and a marketplace that certainly seems to be breaking out of what had been rather significant and stringent consolidation. A lot of traders out there now are starting to think ...
    On February 10, 2016 / By
  • Finance 0

    Morning Call For February 10, 2016

    OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH16 +1.01%) are up +1.03% and European stocks are up +2.67% as crude oil (CLH16 +2.18%) rallied +1.65% and bank stocks climbed. Bank of America, Citigroup and Morgan Stanley were all up at least 1.5% in pre-market trading ahead of Fed Chair Yellen’s testimony on the economy to the House Financial Services Committee later this morning. Technology stocks are also higher, as Amazon.com, Facebook and Netflix were all up at least 2% in pre-market trading. European bank stocks also rallied to lead European stocks higher with Commerzbank AG up over 8% and Deutsche Bank AG surged 13% on repo...
    On February 10, 2016 / By
  • Finance 0

    When Oil Goes Down, What Stocks Go Up?

    So you made a huge boo-boo and decided to buy a whole bunch of energy companies in your portfolio because they are currently valued as “cheap” due to a high oil supply and low prices. It’s simple economics; the supply of oil is extremely high and will be for quite some time so naturally the price of oil will stay quite low. Oil companies, like most other aspects of a portfolio, are very profitable to have for the long-term but are subject to lots of volatility over one’s lifetime. At the same time, socially responsible portfolios tend not to include any petroleum-based energy companies, but rather encourage investors t...
    On February 10, 2016 / By
  • Finance 0

    European Banks Soar On Rumor ECB May Monetize Bank Stocks; Japan Crash Continues

    While algos patiently await the only thing that matters for US stocks today which is Janet Yellen’s testimony before Congress expected to be released at 8:30 am (and previewed here), the rest of the world this morning is a hot mess of schizophrenic highs and lows. One look at Asia this morning and it was more of the same: another deja vu session for Japan where the relentless surge in the Yen pressured the Nikkei lower by another 2.3%, pushing it down to 15713, to the lowest close since October 2014. The MSCI Asia index was likewise down 1.4% with all 10 sectors falling. Europe, however, was a different story entirely: following yest...
    On February 10, 2016 / By
  • Finance 0

    GBP/USD Aims At 1.4591 Level On Bullishness.

    GBP/USD: Having halted its weakness to close higher on Tuesday and followed through higher on Wednesday, GBP/USD aims at 1.4591 level on bullishness. Support lies at the 1.4450 level where a break will turn attention to the 1.4400 level. Further down, support lies at the 1.4350 level. Below here will set the stage for more weakness towards the 1.4300 level. On the upside, resistance stands at the 1.4500 level with a turn above here allowing more strength to build up towards the 1.4550 level. Further out, resistance resides at the 1.4600 level followed by the 1.4650 level. Its daily RSI is bullish and pointing higher suggesting further strengt...
    On February 10, 2016 / By