Monthly Archives: May 2017

Trump Wins Healthcare Vote: ETFs To Watch

After struggling for more than a month, President Donald Trump finally secured the necessary votes from House Republicans to pass the bill for repealing and replacing Obamacare with the revised American Health Care Act (AHCA). The bill was passed by a vote of 217 to 213, just one extra needed for passage. This represents Trump’s…

America First Multifamily Investors, L.P. Reports First Quarter 2

OMAHA, Neb., May 05, 2017 (GLOBE NEWSWIRE) — On May 5, 2017, America First Multifamily Investors, L.P. (Nasdaq: ATAX) (the “Partnership”) reported the following operating results: For the quarter ended March 31, 2017 Total revenue increased approximately 7.4% to $16.0 million in the first quarter 2017, compared to $14.9 million in the first quarter 2016, Net…

Gold-Futures Shorting Attacks

Gold has suffered a sharp pullback over the past couple weeks, stoking much bearish sentiment. While a variety of factors fed this selloff, the precipitating catalyst was a gold-futures shorting attack. These are relatively-rare episodes of extreme selling specifically timed and executed to manipulate gold prices lower rapidly. Traders need to understand these events, which…

Itching To, But Not In A Rush

Back in March 2015, the Federal Open Market Committee (FOMC), the policymaking body of the Federal Reserve, had a problem. In reality at that particular time they had a whole range of problems, but one in particular would set them on their current course. Their overarching task as they define it is to create or…

Jobs, France, Buffett And Oil

There are several items in focus this morning including Warren Buffett’s big meeting (as well as his take on both IBM and Apple), the election in France on Sunday (Macron continues to hold a 20-point lead – but strange things have been happening at voting booths around the world lately), the latest move in oil…

Prosperity And Income Aren’t The Same Thing

In recent years, income inequality has become a major political and economic issue in America. Income inequality, the argument goes, was caused not only by the growth of incomes among the wealthy but also by wage stagnation among middle-class Americans. According to a 2015 report issued by the Economic Policy Institute, a pro-labor think tank based in Washington,…

EUR/USD Forecast May 8-12 2017

EUR/USD edged higher ahead of the second round of the French elections. Does it have more room to the upside? Apart from the elections, we have GDP and other events from the old continent. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The most recent polls look favorable…