by Pinchas Cohen Traders may short iron ore and the Aussie dollar Moody’s credit rating cut for China put a scare into markets. As the world's second biggest economy – and by far its most ...
In anticipation of Thursday’s semiannual OPEC meeting, the following provides a breakdown (by country) of some of the key issues for both OPEC and participating non-OPEC players. The key issues ...
by Pinchas Cohen The Big News Moody’s cut on rising debt and slowing economic growth leads to Chinese equity declines Aussie and metals dragged down following China's downgrade German and ...
As we've noted before, US stocks are putting a bow on a stellar earnings season. At the start of the week, 95% of the companies in the S&P 500 had reported their Q1 earnings, with 75% of those ...
by Chaim Siegel of Elazar Advisors, LLC When working through the numbers for Alphabet (NASDAQ:GOOGL), Google's parent company, we get below the Street’s earnings estimates for this year. We ...
by Pinchas Cohen Bitcoin is on the rise. Investors can't seem to get enough of the cryptocurrency. It's been driven up yet again for a total gain of 130% this year. It traded above $2,200 on Monday, ...
by Dr. Heinrich Leopold If you believe the recent surge in U.S. oil production suggests that good times are here once more, think again. While the U.S. oil industry continues to increase production by...
by Pinhcas Cohen The Big News As the investigation into last night's suicide bombing in Manchester, UK continues, Asian and European markets either fell or remained flat. Investors’ can’t ...
Commodities are getting a boost since the US Dollar Index started to break down last week. Note that this is a tactical breakdown in the dollar, not a secular one. Crude oil rose 6% since last week. ...
by Pinchas Cohen The Big News Oil almost reached $51 a barrel yesterday at 22:02 EDT – its highest level in a month - after Saudi Arabia said an agreement had been reached to extend the deal on ...
