Log in

Tag: scripsio

Trucking Sector Starting To Show Weakness

June 24, 2019 Published by

The shipping industry, which serves as the arterial system for the economy, is feeling the chill of a slowdown.As U.S. growth decelerates, an overwhelming majority of trucking companies tracked by Merrill Lynch expect shipping rates to either fall or stay flat, the firm said on Friday, as its Truckload Diffusion Indicator tumbled to its weakest levels since October 2016.The index, a barometer of the freight-hauling industry, is now down 29% year over year, and shippers’ outlooks are broadly negative to neutral.The sluggish conditions cited by Merrill Lynch in its report appear to be playing out around the country. The Cass

Intermarket Relative Strength Analysis Report For The Week Starting 6/23/19

June 23, 2019 Published by

Instead of looking at financial markets or asset classes on an individual basis, intermarket analysis looks at several strongly correlated markets or asset classes, such as stocks, bonds and commodities. This type of analysis expands on simply looking at each individual market or asset in isolation by also looking at other markets or assets that have a strong relationship to the market or asset being considered.

The US economy is still the largest in the world and the US dollar is still the most powerful currency in the world.  Over half of all foreign currency reserves in the world are in

World Stock Market Relative Strength Analysis Report For Week Starting 6/23/19

June 23, 2019 Published by

The Standard & Poor’s 500 Index (known commonly as the S&P 500) is an index with 500 of the top companies in the U.S. Stocks.  Because the S&P 500 Index represents approximately 80% of the total value of the U.S. stock market, it’s the bellwether index for the U.S. stock market.  In addition, the U.S. stock market is the largest stock market in the world, it’s also the bellweather for equity markets around the world. The S&P 500 is arguably the most important stock market index on the planet.

Source Image

Because we live in a global economy, the global equity markets

SPDR Sector Relative Strength Analysis Report For Week Starting 6/24/19

June 22, 2019 Published by

Sector rotation is the action of shifting investment assets from one sector to another to take advantage of cyclical trends in the overall economy in an attempt to beat the market.  Sector rotation seeks to capitalize on the theory that not all sectors of the economy perform well at the same time because sectors of the stock market perform differently during the phases of the economic and market cycle.

For example, defensive sectors such as consumer staples, utility and health care stocks tend to outperform during a recessionary phase, while consumer discretionary and tech stocks tend to fare well during early

Forex Relative Strength Analysis Report For Week Starting 6/23/19

June 22, 2019 Published by

Some of the world’s
currencies are accepted for most international transactions. The most popular
currencies are accepted for most international transactions are the U.S.
dollar, the euro, and the yen. However, the U.S. dollar is the most popular.
And in the foreign exchange market 90 of forex trading involves the U.S.
dollar. Thus, when assessing the relative strength of the most popular
currencies in the world, it’s always against the U.S. dollar, using the daily
time frame chart.

The “major” forex
currency pairs are the major countries that are paired with the U.S. dollar
(the nicknames of the majors are in parenthesis).

AUD/USD – Australia dollar (Aussie) vs. the U.S. dollar

EUR/USD

Don’t Believe The Hype On Steel Stocks

June 21, 2019 Published by

The steel sector in the United State has experienced setbacks lately. The classic American steel producer,  United States Steel (X, NYSE), reported on June 19 that it will close two Midwestern blast furnaces. A few days earlier, its American counterparts, Nucor (NUE, NYSE) and Steel Dynamics (STLD, NASDAQ), released mediocre Q2 earnings forecasts, signifcantly lower than analysts’ expectations.From a yearly perspective, in 2019 steel stocks as a whole sank by 40% compared to 2018 mainly due to investors’ concerns that the growing trade war between the United States and China would cause global economic slowdown and would, consequently, lower demand

US Interest Rates Analysis Report 6/21/19 – 10 Yr Bond Rates Below 2%

June 21, 2019 Published by

Treasuries led a global bond rally, with 10-year yields dropping below 2% for the first time since November 2016 as expectations grow that major central banks will ease policy.The U.S. 10-year yield slid as much as five basis points to 1.9719% after the Federal Reserve signaled it was ready to cut interest rates.The Fed on Wednesday scrapped its use of “patient” in describing its approach to policy, offering support for bond bulls who argue that the U.S.-China trade war will sap growth momentum.“You’ve got a Fed that’s now changed its language and we’re on a path where there’s going to

Forex $1 MM Challenge – Trade #15 (6-20-19) Sold AUD/USD

June 21, 2019 Published by

BlackRock Inc. is shorting the Australian dollar on a bet the central bank will cut interest rates to as low as 0.5% to revive the struggling economy.The Aussie will extend recent declines and probably fall as low as 65 U.S. cents next year, said Craig Vardy, head of fixed income for Australia in Sydney at BlackRock, which oversees $6.52 trillion. The Reserve Bank of Australia will keep easing as the economy cools and U.S.-China tensions weigh on global growth, he said.BlackRock isn’t alone in expecting the RBA to keep easing. Franklin Templeton Investments and JPMorgan Chase & Co. say Aussie

It’s Too Late For Simon Property

June 20, 2019 Published by

Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Their properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.Which is why it seems odd that real estate investment trust (REIT) Simon Property would even consider dipping a toe into the online retail space. Not only is running a retail operation a little outside its normal scope of business, but the mall operator is so far behind the internet leaders

Currency Analysis Report 6-20-19…Targeting $0.65 For The Aussie Dollar

June 20, 2019 Published by

BlackRock Inc. is shorting the Australian dollar on a bet the central bank will cut interest rates to as low as 0.5% to revive the struggling economy.The Aussie will extend recent declines and probably fall as low as 65 U.S. cents next year, said Craig Vardy, head of fixed income for Australia in Sydney at BlackRock, which oversees $6.52 trillion. The Reserve Bank of Australia will keep easing as the economy cools and U.S.-China tensions weigh on global growth, he said.BlackRock isn’t alone in expecting the RBA to keep easing. Franklin Templeton Investments and JPMorgan Chase & Co. say Aussie

October 2026
S M T W T F S
 123
45678910
11121314151617
18192021222324
25262728293031

Latest Media