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Strategy Video: Are We In a Bubble and How Would We Trade It? Comfort in steady bull trends and nonexistent volatility has led to more 'bubble' talk with correctionWe don't have a sector-specific bubble now like 2000 or 2008 but rather a positioning bubbleWhile a bubble pop presents considerable opportunity, it demands higher qualification New to Forex? "We are in a bubble"! The phrase has been used more than a few times in the ...
I like gold. My wedding ring is simple but classy. My crowns in my mouth are so good that I forget they are there. The electronic contacts in my computer work just fine. Gold is great. But not as a steady measure of purchasing power, nor as a guaranteed investment. “Gold has the same purchasing power today that it had in 1913,” I continue to read. So let’s look at the data and see what we can conclude about gold, its stability and purchasing power, and then we’ll turn to gold ...
Twitter doesn't have to grow into Facebook for the stock to pay off, Robert Peck says. Shares of Twitter, which are down 50% this year and recently fell below $30 for the first time since last November’s IPO, were up more than 3% at $33.06 before the opening bell Monday. More...
- U. of Michigan Confidence to Improve for Second Consecutive Month. - Print of 84.5 Would Mark the Highest Reading Since July. Trading the News: U. of Michigan Confidence A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later. What’s Expected: ...
USD/CAD little changed in rangebound trade The U.S. dollar was almost unchanged against the Canadian dollar on Wednesday, as trade remained subdued without any significant economic data to give investors a clear direction. USD/CAD was last trading at 1.0902 and was moving in a range of 1.0894 to 1.0922. The pair was likely to find support at 1.0875 and resistance at 1.0925, Tuesday's high. The pair showed little reaction after data released earlier ...