WTI Crude Oil The WTI Crude Oil market rallied during the day on Friday, and what would have been very thin trading. I think that the thin trading environment will continue to be an issue for the next couple of sessions, and as a result, traders were not able to hang on to gain as…
With a new year and a new month upon us, it is time, once again, for me to outline my potential stock picks for my dividend growth portfolio. I’ll continue to preface this post with my usual rant about how important it is to ignore all the financial panic that’s being spewed by the mainstream media….
Ethereum, the sophisticated cryptocurrency, made a fast move and reached a new high of $912. ETH/USD was unable to hold onto this level and slipped back under the previous peak of around $880 and trades just under $840 at the time of writing. Nevertheless, ETH/Dollar is up over 11% on the day and certainly staging…
2017 was a painful year for renters. Americans spent a record amount of their household income on rent. MarketWatch discusses the Staggering Amount Americans Paid in rent in 2017. If sending in your rent check is painful, you’re not alone: American renters — especially those in major cities like New York, Los Angeles and Chicago —…
EUR/USD 4 hour The EUR/USD uptrend remains strong and has reached a solid resistance zone (red lines). A bearish reversal could send the EUR/USD lower to test the wave 2 vs 1 (pink) whereas a bullish breakout could indicate a continuation of the uptrend. 1 hour The EUR/USD broke above the resistance trend lines (dotted…
The Federal Reserve’s decades long program of inflation, as the cure to fix all things wrong with economy, has made retirement a luxury fewer people can afford. It’s not a story that’s well known. That the retail world is being taken over by Jeff Bezos’s Amazon is common knowledge. The two trends crash together in Jessica…
The dollar was down against most of its primary trading partners on Tuesday, starting the year lower after hitting a three-month low on Friday, the last trading day of 2017. The greenback closed the year down 9.8 percent, its worst performance since 2003. Not surprisingly, the euro saw its strongest year against the dollar since 2003….
Tuesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Pacira Pharmaceuticals (PCRX) Long Walmart (WMT) Short BorgWarner (BWA)
After 14 straight months of gains on the coat-tails of the largest global central bank balance sheet expansion since 2011, US (and Chinese) equity markets are starting 2018 as they ended 2017… by surging higher. US equity futures gapped open tonight and are holding those gains with the late-day weakness from Friday almost erased… But it…
2018 Stock Market Forecast | Inflation discussed the direction of the major stock market average and stock and bond indexes in 2018. We also revisit our calls on the stock market for 2017 to review how accurate we were. Inflation broke out to multi-year highs in 2017 and we expect rising interest rates and rising…
