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Article Archive | Page 394

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GBPJPY Elliott Wave View: More Downside

May 30, 2017 at 08:13

Short Term Elliott Wave view in GBPJPY suggests the decline from 5/10 peak is unfolding as a double three Elliott Wave structure where Minor wave W ended at…

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Gold Data Science, Report 29 May, 2017

May 30, 2017 at 07:18

  The price of gold went up $12 this week, and that of silver $0.50. That’s not bad for gold and silver owners, and not good for the vast majority…

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All Systems Are Go for Higher Stock Prices

May 29, 2017 at 12:36

Market Summary Friday marked the 20th record of the year for the S&P 500, surpassing the number of records set by the index in 2016. Double-digit gains in large technology…

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First Quarter GDP Second Estimate 1.2 Percent: Mish vs. Consensus

May 29, 2017 at 09:32

This Friday, the BEA revised its estimate of first-quarter GDP to 1.2% from 0.7%. The Econoday consensus estimate was 0.8%, in a range of 0.7% to 1.0%.I…

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Fed’s Shrinking Balance Sheet and Gold

May 29, 2017 at 07:14

The latest FOMC minutes suggest that the Fed may start decreasing its balance sheet later this year. There are many unknowns about this process, so we invite you…

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GBP/USD - Heading Towards Support At 1.2757

May 29, 2017 at 06:43

GBP/USD is trading lower. Hourly resistance lies at 1.3048 (18/05/2017 high). Hourly support given at 1.2831 (04/05/2017 low) has been broken. The pair is heading towards stronger support at 1.2757…

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Moody's Downgrades China

May 28, 2017 at 06:57

Marie Diron, Moody's associate managing director, Sovereign Risk Group, commenting Wednesday on Moody's Chinese downgrade (Bloomberg Television): "It is likely to be a very medium-term and gradual erosion of credit…

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Technical Market Report for May 27, 2017

May 27, 2017 at 18:08

The good news is: • The NASDAQ composite (OTC) and S&P500 (SPX) closed at all time highs last Friday. The Negatives New highs failed to confirm the…

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Silver Miners' Q1'17 Fundamentals

May 26, 2017 at 15:30

The silver miners’ stocks have been slowly grinding higher this year, but it’s been a volatile ride. This sector’s alternating surges and plunges have spawned outsized swings in sentiment, really…

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Here’s Why I Think Renewable Energy Is Finally Living Up To Hype

May 26, 2017 at 10:47

Global markets have steadily been adding renewables such as wind and solar to their energy mix for several years now, but according to a handful of new reports, 2016 might…