Stocks rallied nicely last week as earnings season officially began. Delta Airlines, BlackRock, JP Morgan Chase, Citigroup, and Wells Fargo, were just some of the big names that reported earnings last week. Interestingly, they beat estimates but all traded lower on Friday. Two weeks ago, the bulls showed up and defended important support (200 DMA…
Audio length: 00:16:53 (1:00) – Investing In The Future Of Mobility (4:30) – Key Growth Areas and Who’s Leading The Way (8:00) – Innovation Shares NextGen Vehicles & Technology ETF Overview: EKAR (13:30) – Self Driving Car Concerns (16:10) – Episode Roundup: [email protected] In this episode of ETF Spotlight, I talked with Matt Markiewicz, Managing Director at…
The recent data released by China presents traders has a huge opportunity over the next 6~18 months. Recently released Chinese economic market data points to a general market disruption in regards to trade values, import/export data and loan/debt risk.As reported by Reuters and Business Insider, the continued crackdown on Shadow Banking in China, as well as recently announced…
Yesterday, in “Thoughts On The ECB Minutes And A Bearish Euro Call For EURUSD Bulls“, I spent far more time than I should have talking about the conundrum facing the ECB now that the data appears to be rolling over just six months ahead of the sell-by date for APP. The problem here is that…
Chris Temple joins me to wrap up the markets for this week. US stocks started off strong today but have steadily sold off throughout the day. PMs have garnered a buy as investors look to more protection. Still not breakouts but they will come. (Audio length 00:14:10)
Given the “event risk”, should that end quickly gains could go poof like the rockets they came in on.
There are several well known large cap stocks going ex-dividend next week including the following three: Oracle, Apache and CVS Health Corp. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any stock ranked by our team as a Top…
Fundamental Forecast for USOIL: Bullish Talking Points: Crude set for biggest weekly gain since July on escalating geopolitical risks, demand premium EIA data took a back seat to geopolitical risks that took Crude to highest levels since Dec. 2014 Per BHI, U.S. Oil Rig Count rises 7 to 815, US Total Rig Count at 1,008 IGCS shows…
For the third day in a row, the Hong Kong Monetary Authority (HKMA) intervened in the FX markets and for the 3rd day in a row, failed to lift the Hong Kong Dollar off the lower limit of its peg band. As Yicai Global reports, HKMA’s weak-side convertibility undertaking of HKD7.85 against the dollar was triggered…
A conciliatory tone on trade from both China and the US as well as easing fears around a military escalation stemming from Syria’s apparent chemical attack led to rising stock prices. Tech stocks got a boost from well-received testimony from Facebook CEO Mark Zuckerberg, though many officials cited the need for increased regulatory oversight of…
