European Commission President Jean-Claude Juncker Pushes Socialist Agenda

European Commission President Jean-Claude Juncker Pushes Socialist Agenda

European Commission President Jean-Claude Juncker Pushes Socialist Agenda Firstly Lets Remember Exactly Who Juncker Is On Greece’s economic meltdown in 2011 “When it becomes serious, you have to lie. On the introduction of the euro “We decide on something, leave it lying around, and wait and see what happens. If no one kicks up a […]

EUR – Unemployment Down, Exchange Rate Up

EUR – Unemployment Down, Exchange Rate Up

The euro broke through the psychologically important $1.20 barrier against the U.S. dollar for the first time since January 2015 on Tuesday, a move that could help cement the shared currency’s newfound role as a global haven unless the European Central Bank intervenes. The shared currency has strengthened more than 14% against a broadly weaker […]

Theresa May Plans To Boost UK Economy By £135 Billion a Year

Theresa May Plans To Boost UK Economy By £135 Billion a Year

THERESA May’s plans for a hard Brexit could boost the UK economy by £135 billion a year, top economists have predicted. They believe the UK could reap trade gains worth £80bn annually by removing tariffs for both the European Union and the rest of the world. Deregulating the economy and other Brexit-related policies could provide […]

BREXIT – £36bn Divorce Bill

BREXIT – £36bn Divorce Bill

Downing Street sources have played down reports that the UK is prepared to pay a divorce bill of up to £36bn to try and force progress in stalled Brexit talks. The figure amounting to some €40bn would be offered in a bid to push discussions on from withdrawal and towards a future trade deal. Theresa May is expected […]

UK Economy Has Dropped Since Brexit

UK Economy Has Dropped Since Brexit

Bank of England says Brexit and the uncertainty around it has already hit people’s incomes and is weighing down the economy. Households have cut back on spending and businesses on investment, slowing the economy’s growth. It comes as the Bank downgraded its forecasts for the British economy this year, just days after EU statistics indicated the eurozone […]

BREXIT – National Investment Fund To Support UK Despite Negative Influences

BREXIT – National Investment Fund To Support UK Despite Negative Influences

The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]

Brexit – Fight For Euro Clearing

Brexit – Fight For Euro Clearing

The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to veto its decisions. Eurex Clearing, the Deutsche Boerse AG-owned subsidiary that would probably benefit most if London was […]

British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations

British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations

Slightly better than expected wages and jobs data saved Britain’s pound from another downward lurch on Wednesday, offsetting a series of political and economic warning signs as talks on leaving the European Union get going. Amid the resulting falls in the pound, several of the Bank of England’s monetary policy panel members have stepped in […]

Jeremy Corbin Trying to Overturn Brexit

Jeremy Corbin Trying to Overturn Brexit

Jeremy Corbin Trying to Overturn Brexit The government has on Thursday published the bill to “maximize continuity” on the day the UK effectively withdraws from the EU wherever it is “practical and sensible”. Labour has threatened to block the bill in an attempt to overturn the democratically chosen Brexit. Labour is calling for a guarantee […]

Brexit Effecting The Euro – Theresa May To Remove EU Citizens From UK

Brexit Effecting The Euro – Theresa May To Remove EU Citizens From UK

The exchange rate has showed signs of recovery as it jumped to €1.138 today. It climbed from €1.133 yesterday and sits comfortably above a weekly low of €1.131. The pound has risen after Theresa May attended an EU summit dinner last night in Brussels. Despite the event remaining separate from the formal Brexit negotiations, there was one revelation from […]

Jeremy Corbyn Turns Dictator as Power Crumbles

Jeremy Corbyn Turns Dictator as Power Crumbles

Jeremy Corbyn Turns Dictator as Power Crumbles The government has indicated it intends to continue pushing for a “hard Brexit” – meaning the UK will leave the single market and customs union in exchange for ending freedom of movement – even though the ruling party lost its majority on June 8. 3 Ministers fired for […]

Brexit Begins – GBP/USD weakens as UK and EU set out opening positions

Brexit Begins – GBP/USD weakens as UK and EU set out opening positions

The start of official Brexit negotiations is keeping the pound on soft form today, with GBP/USD stuck at opening levels of US$1.277. Tenreyro replaces Kristin Forbes, a notable hawk who has voted in favour of raising interest rates for several meetings now, so investors are keen to find clues that will indicate if Tenreyro is […]

British Pound (£) David Davis and Michel Barnier Begin Brexit Talks

British Pound (£) David Davis and Michel Barnier Begin Brexit Talks

May is still speaking. She says when she became prime minister she spoke about the union that binds us together. That involves freedom, including religious freedom. She says this attack was a “sickening” attempt to deny people those freedoms. She says she said after the Borough Market attack that there had been too much tolerance […]

EU Hacked Britain’s Election

EU Hacked Britain’s Election

EU Hacked Britain’s Election Europe’s number 1 buffoon Juncker is said to have advised May to call an election because her then 17-seat parliamentary majority was not seen as strong enough to guarantee a strong negotiating position. A larger majority, he allegedly told May, would help her dictate the terms of the divorce bill. The […]

Jeremy Corbyn Damages UK Credit Ratings

Jeremy Corbyn Damages UK Credit Ratings

Jeremy Corbyn Damages UK Credit Ratings The UK holds the second highest rating Aa1 from another agency Moody’s. It had held the rating since 2013 when it was downgraded from AAA due to sluggish growth prospects and fiscal challenges. The agency’s lead UK sovereign analyst Kathrin Muehlbronner said on Friday, “Moody’s is monitoring the UK’s […]

Euro (€) Affects On The US Dollar ($) (EURUSD)

Euro (€) Affects On The US Dollar ($) (EURUSD)

On June 23, 2016, British voters will determine whether the United Kingdom will leave the European Union, and foreign exchange (forex) traders are collectively holding their breath. If the Leave movement succeeds, most experts predict tough times for the U.K. currency. Speculation ranges from an outright collapse of the British pound to a mild and […]

Jeremy Corbyn Already a Disaster for Britain

Jeremy Corbyn Already a Disaster for Britain

Jeremy Corbyn Already a Disaster for Britain Socialist Refugee lover Jeremy Corbyn is already a disaster for Britain as Ratings agency get set to downgrade the country, Merkel moves in to take advantage of the not-so-bright politician and the GBP tanks. Jeremy Corbyn believes in printing money and giving it away The UK’s election result […]

Brits ‘Punish’ Lackluster PM, Expect May to Step Down Soon

Brits ‘Punish’ Lackluster PM, Expect May to Step Down Soon

Brits ‘Punish’ Lackluster PM, Expect May to Step Down Soon A politically wounded Theresa May was punished by voters who took away her majority in parliament, will not be able to ‘soldier on” by resisting pressure to resign after the failure of her high-stakes election gamble made the massive challenge of untangling Britain from the […]

Comey’s Testimony: “Still Born”, DJIA Marks Record Highs

Comey’s Testimony: “Still Born”, DJIA Marks Record Highs

Comey’s Testimony: “Still Born”, DJIA Marks Record Highs $DIA, $SPY, $QQQ, $VXX US stocks were higher in early afternoon trading Thursday after sacked FBI Director James Comey’s testimony was seen by investors as yielding nothing that could affect Donald Trump’s Presidency. The DJIA earlier hit an intra-day record and continued to climb and settled back […]

Jeremy Corbyn Would Usher in a Dark Socialist Era for Britain

Jeremy Corbyn Would Usher in a Dark Socialist Era for Britain Jeremy Corbyn is one of those handful of dimwits that believe socialism works. Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. Winston Churchill Corbyn proposes to have the […]

BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker

BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker

BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker   Donald Trump, Donald Tusk, and Jean-Claude Juncker’s Meeting President Donald Trump might have once supported the British decision to leave the European Union, but he is now seemingly worried about the impact of Brexit for U.S. […]

BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May

BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May

BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May TRUMP’s Opinion EU’s Donald Tusk says Trump agrees Brexit is ‘an incident not a trend’. The president of the European council, Donald Tusk, has claimed he convinced Donald Trump that Brexit is an “incident not a trend” and that the […]

BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester

BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester

BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester Europe and Brexit Europe was predicted to be in a position of uncertainty should Britain leave the EU, with other countries at risk of following them. However, the recent election in France assuaged a lot of global fears around this. Had right-wing candidate Marine […]

Euro (€) ⇨ US Dollar ($) (EURUSD) Brexit Adopting Currencies

Euro (€) ⇨ US Dollar ($) (EURUSD) Brexit Adopting Currencies

Euro (€) ⇨ US Dollar ($) (EURUSD) Brexit Adopting Currencies The European Commission aims to make adopting the euro more attractive to European Union members currently outside the currency bloc. European Union states except Britain and Denmark are obliged to adopt the euro but there is no deadline set for ditching their own currencies. Moscovici […]

Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)

Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)

Britain Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD) Bullish on GBP once Brexit starts? GBP/CAD, GBP/NZD have been trading higher. Bearish on GBP once Brexit starts? EUR/GBP, GBP/CHF, GBP/JPY are your go-to options. Britain will walk out of Brexit talks unless Brussels drops its demand to charge €100bn (£86bn) […]

Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain

Euro (€) ⇨ US Dollar ($) (EURUSD)  BREXIT TALKS – Donald Tusk Defending Britain

Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain Highlights EUR/USD has charged to a six-month high, but its drive higher doesn’t seem to carry clear fundamental lines Risk trends continue to inch higher with limited conviction and problem for those looking to play a trend Top event risk will […]

Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk

Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk

Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk Wolfgang Münchau, thinks the EU miscalculated the mood of the British people when it offered David Cameron a rum deal before the Brexit campaign began in earnest and it should learn from that error and be sure not to repeat […]

Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact

Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact

Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact Emmanuel Macron will take power as French president on Sunday and immediately face the twin challenges of European Union reform and loosening strict labour laws in France. It is traditional for French leaders to make Berlin their first European trip. The pro-European centrist Macron wants […]

British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound

British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound

British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound Emmanuel Macron told the UK to expect “tough” Brexit negotiations after being elected last night as France’s youngest leader since Napoleon and vowed to heal divisions in Europe. His landslide victory has been hailed by EU leaders such as Jean-Claude Juncker and […]

Euro (€) Trading & The Election

Euro (€) Trading & The Election

Euro (€) Trading & The Election Voting is under way in the final round of France’s presidential race after a massive online dump of front runner Emmanuel Macron’s campaign data delivered a final dramatic twist to the country’s most bruising, divisive and significant election in decades. The Brexit spotlight swung last week away from the […]

British Pound (£) ⇨ US Dollar ($) Trading Brexit

British Pound (£) ⇨ US Dollar ($) Trading Brexit

British Pound (£) ⇨ US Dollar ($) Trading Brexit Brexit seems to be improving the UK economy and the outlook for the gbp. despite various EU threats and tantrums Brexit has proven to be a winner. Overall, the bias in prices is:___Upwards. Short term:______________ Prices are moving. Intermediate term:_________Prices are trending. By the way, prices […]

BREXIT – Latest News

BREXIT – Latest News

BREXIT – Latest News Highlights The chief executive of Goldman Sachs has warned that London’s financial centre will “stall” due to the turmoil of the Brexit process. EU will be a smaller continent, economies will shrink accordingly, and Europe will face a demographic crisis. EU leaders have suggested that the Brexit bill would simply be […]

Teresa May Will Not Let EU Bureaucrats Wreck “Brexit”

Teresa May Will Not Let EU Bureaucrats Wreck “Brexit”

Teresa May Will Not Let EU Bureaucrats Wreck “Brexit” British Prime Minister Theresa May made her most stinging remark so far against EU “bureaucrats” in Brussels, accusing them of trying to ruin Brexit talks. PM May was speaking outside 10 Downing Street after meeting with Queen Elizabeth at Buckingham Palace Wednesday on the day British […]

Euro (€) ⇨ US Dollar ($) (EURUSD) 100 Billion Demand Dismissed

Euro (€) ⇨ US Dollar ($) (EURUSD) 100 Billion Demand Dismissed

Euro (€) ⇨ US Dollar ($) (EURUSD) 100 Billion Demand Dismissed Highlights The Euro Pound (EUR GBP) exchange rate briefly spiked this morning following reports that the UK would have to foot a €100bn ‘divorce’ bill for leaving the EU. EU’s chief negotiator dismisses 100 billion euro Brexit demand. European union leaders anonymously approved to […]

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit Divorce Bill

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit Divorce Bill

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit Forecast Brexit is a commonly used term for the United Kingdom’s planned withdrawal from the European Union. Following the 2016 referendum vote to leave, the UK government started the withdrawal process on 29 March 2017, putting the UK on course to leave by April 2019. The […]

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound Highlights Several markets across Asia and Europe were closed for the May Day holiday. Tokyo markets will be closed for three days from Wednesday for a string of holidays known as Golden Week, and many investors take additional time off. May has said […]

Scotland Continues to Seek Independence

Scotland Continues to Seek Independence

Scotland Continues to Seek Independence Scottish lawmakers voted Tuesday to seek a new referendum on Independence, presenting the British government with a distraction as it prepares to trigger its EU exit aka Brexit. The legislature voted 69-59 to ask the British government to sanction an Independence vote that would be held within the next 2 […]

GCC States Push for UK Free Trade Deal After Brexit

GCC States Push for UK Free Trade Deal After Brexit

GCC States Push for UK Free Trade Deal After Brexit Trade between Britain and the GCC totals about $37.5-B annually Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months, officials said Monday. Britain cannot formally […]

FLASH: UK to “Trigger” Brexit on 29 March

FLASH: UK to “Trigger” Brexit on 29 March

FLASH: UK to trigger Article 50 on 29 March , will begin formal Brexit process. Prime Minister Theresa May will trigger Article 50 of the Lisbon Treaty, the formal notification of the United Kingdom’s intention to leave the European Union, on 29 March, a spokesman for the British leader said Monday. he United Kingdom has […]

British MP’s Trying to Deny Voters BREXIT, Ban Trump

British MP’s Trying to Deny Voters BREXIT, Ban Trump

British MP’s Trying to Deny Voters BREXIT, Ban Trump MP’s in the UK do not understand the basic concept of Democracy, Trump was elected as President of the USA, British Citizens Voted to leave the EU, but the MP’s do not care, they know much better than the general population. Branding the president “disgusting” and […]

Brexit Winners Back the Trump #MuslimBan

Brexit Winners Back the Trump #MuslimBan

Brexit Winners Back the trump #MuslimBan The policy, which has been dubbed #MuslimBan on social media even though it is nothing of the sort has gathered strong support in Britain. Nigel Farage and political commentator Katie Hopkins have said they approve of the policy of “extreme vetting,” calling for similar measures to be implemented in […]

UK Leaders to Play ‘Hardball’ in Talks with EU on Market Access

UK Leaders to Play ‘Hardball’ in Talks with EU on Market Access

UK Leaders to Play ‘Hardball’ in Talks with EU on Market Access $GBP Sunday, Britain’s leaders signaled their resolve to play hardball in talks with the EU, suggesting they will look for partners elsewhere if the bloc restricts access to its huge market. Under pressure to reveal her Brexit plan, British Prime Minister Theresa May’s […]

Brexit Predictions Were Wrong

Brexit Predictions Were Wrong

Brexit Predictions Were Wrong $GBP The Bank of England’s chief economist says forecasters got it wrong when they predicted a sharp economic downturn if Britain voted to leave the European Union. Andy Haldane says the country’s strong economic performance since the June 2016 referendum has been a surprise to all, and the economic forecasting profession […]

The EU on the Verge of Breaking Up

The EU on the Verge of Breaking Up

The EU on the Verge of Breaking Up UK, France, Hungary are no-shows as EU foreign ministers gather to consider ramifications of US election EU foreign ministers insisted Sunday they expected good relations with Donald Trump, after a crisis meeting that Britain, France and Hungary snubbed in a move that exposed rifts over the US […]

Huge Risk Facing the Global Economy

Huge Risk Facing the Global Economy

Huge Risk Facing the Global Economy Global economy continued to face uncertainty and rising risks, Lou Jiwei, China’s Finance Minister, said on behalf of the G20 economies Friday. Uncertainty and risks, including elections in major economies, uncertain fallout of Brexit, rising expectation for rate hikes by the Federal Reserve, increased geopolitical risks and terrorist attacks, […]

UK Government was Totally Unprepared for the Brexit Vote

UK Government was Totally Unprepared for the Brexit Vote

UK Government was Totally Unprepared for the Brexit Vote The President of the European Parliament says Britain’s government was unprepared for the country’s vote to leave the European Union, and does not know when it wants to start divorce talks. Martin Schulz says the Conservative government was “in no way prepared for the ‘leave’ majority” […]

London Fashion Week Opens, Big Names on the Catwalk

London Fashion Week Opens, Big Names on the Catwalk

London Fashion Week Opens, Big Names on the Catwalk The Fashion Spotlight is on London Fashion Week, with a series of shows planned for the days ahead. The focus will be on British Style and creativity, but will include many contributors from other parts of the world. Friday’s lineup included Paul Costelloe, Aquascutum, Bora Aksu […]

Just 2 of the World’s 10 Greatest Cities are in the US

Just 2 of the World’s 10 Greatest Cities are in the US

Just 2 of the World’s 10 Greatest Cities are in the US Most great cities have access to quality education, a variety of public transportation choices, disaster preparedness, and affordable housing options, to name a few important qualities. In a new report, PricewaterhouseCoopers (PwC) evaluated the Greatness of 30 major cities across the world, as […]

Gulf Millionaires to Invest in Dubai Real Estate Over London in 2017

Gulf Millionaires to Invest in Dubai Real Estate Over London in 2017

Gulf Millionaires to Invest in Dubai Real Estate Over London in 2017 Cluttons forecast places Paris and Doha alongside UK capital, Toronto the 3rd choice Dubai’s real estate market is set to overtake the international destinations of London, New York and Singapore as the top choice for GCC wealthiest investors next year, a new report reveals. […]

There is ‘Gloom & Doom’ in the Eurozone Business Sector

There is ‘Gloom & Doom’ in the Eurozone Business Sector

There is ‘Gloom & Doom’ in the Eurozone Business Sector While the Eurozone economy has proved resilient to multiple uncertainties such as Brexit, Key business surveys in Europe’s 2 biggest economies, Germany and France has poured a bucket of cold water on the rising optimism. The Ifo Business Climate Index, which is a highly-regarded early […]

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook

Euro (€) ⇨ US Dollar ($)(EURUSD) Trading Outlook HEFFX Notes Euro Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.12. The projected upper bound is: 1.15. The projected lower bound is: 1.11. The projected closing price […]

NYC, Commercial Real Estate Capital of the World

NYC, Commercial Real Estate Capital of the World

NYC, Commercial Real Estate Capital of the World $JLL New York has knocked off London as the world’s premier city for FDI (foreign investment) in commercial real estate due to fears the vote to leave the EU aka Brexit, will diminish the British capital’s appeal as a global financial center. Data on cross-border property transactions […]

Consumer Confidence Dims on Economy

Consumer Confidence Dims on Economy

Consumer Confidence Dims on Economy $DIA, $SPY, $QQQ, $VXX Consumer confidence slid in July from the prior month on dimmer views of the US economy’s prospects and lingering concerns among higher-income earners about global market conditions. The University of Michigan said Friday that its final index of sentiment (MSI) declined to 90 this month from […]

Cautious US Companies ‘Hoarding’ Cash

Cautious US Companies ‘Hoarding’ Cash

Cautious US Companies ‘Hoarding’ Cash $DIA, $SPY, $QQQ, $VXX US companies have returned to hoarding cash due to mounting economic and geopolitical fears, a indication of a business-investment pullback. The UK’s Brexit vote, a sluggish US economy and a weak global economy combined to lead companies to delay investment decisions and just hoard their cash, […]

Politics and World Chaos are in the Air, Don’t Lose Sight of Market Bubble

Politics and World Chaos are in the Air, Don’t Lose Sight of Market Bubble

Politics and World Chaos are in the Air, Don’t Lose Sight of Market Bubble The attack in Nice, France, was a terrorist act, and the French government extended the state of emergency for 3 months and soldiers will be deployed. The military coup in Turkey, points up the extreme dissidence in that region of the […]

Impact of BREXIT in USA

Impact of BREXIT in USA

New data from the National Center for the Middle Market (NCMM) suggests more than one-quarter of U.S. middle market companies will decrease business investments in the United Kingdom following the results of the “Brexit” referendum. About the same number say they will reduce their purchases from and sales to the U.K. The report, released today, […]

British Pound (£) ⇨ US Dollar ($)(GBPUSD) trading Outlook

British Pound (£) ⇨ US Dollar ($)(GBPUSD) trading Outlook

FOREX GBP= closed down -0.015 at 1.287. Volume was 4% below average (neutral) and Bollinger Bands were 273% wider than normal. Open High Low Close Volume___ 1.302 1.303 1.280 1.287 106,292 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.34 1.43 1.46 Volatility: 52 28 17 […]

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI US stocks finished lower Tuesday as Brexit concerns resurfaced following Bank of England’s Financial Stability Report, while disappointing US factory orders and a 4.7% dive in Crude Oil prices added further pressure to equities. The DJIA lost 108 pts, or 0.61% to close at 17,840. The S&P […]

Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental $DIA, $SPY, $QQQ, $VXX Investors are no longer running from the stock market they are chasing it for reasons that are more tactical than fundamental: Caution. It is too early to tell where the UK’s new position in the overall context of the EU will be […]

The S&P 500 Closed Out its 3rd Straight Quarter in the Green

The S&P 500 Closed Out its 3rd Straight Quarter in the Green

The S&P 500 Closed Out its 3rd Straight Quarter in the Green $DIA, $SPY, $QQQ, $VXX, $HSY, $MDLZ Wall Street marked a 3rd straight day of gainers Thursday as the BOE raised the prospect of a Summer stimulus and consumer staples shares rose on news of Mondelez International’s (NASDAQ:MDLZ) $23-B bid for Hershey (NYSE:HSY). The […]

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended 25 June, the […]