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Is The Biotech ETF IBB Forming A Double Bottom Pattern?

Mon Mar 21, 2016

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), has pulled back sharply since the beginning of March, ...

British Pound Sterling is Crashing as U.K. Political Risks Rise

Mon Mar 21, 2016

The GBP/USD currency pair inched 0.79% lower to close at 1.4366 dollars per pound on Monday, following the late Friday resignation of Work and Pensions Secretary Iain Duncan ...

S&P 500 Turns Positive for the Year Despite Weak Retail Sales and Sinking Consumer Sentiment

Fri Mar 18, 2016

Ahead of the FOMC policy meeting, the Commerce Department said on Tuesday that U.S. retail sales edged down 0.1% month-over-month in February and January's ...

The SET Pulled Back as Thailand 10-Year Bond Yield Plunged, Risk/Reward Continues to the Downside

Fri Mar 18, 2016

The SET lost 0.75% for the week, to close at 1,382.96 on Friday, but up 7.37% for the year. The USD/THB ...

Japanese Yen Surges After the Fed’s Yellen Has Second Thoughts

Fri Mar 17, 2016

The USD/JPY exchange rate is heading back down to retest the February 11 low of 110.98 yen per dollar, after the Federal Reserve said after the two-day FOMC policy meeting on ...

XLK Being Dragged By Apple As New Threat Emerges

Wed Mar 16, 2016

The Technology Select Sector SPDR ETF (NYSEARCA:XLK), which tracks the S&P 500 Information Technology Select Index (NYSE:IXT), has been on a sharp rebound since ...

Banpu Under Selling Pressure as Coal Prices Won’t Rebound Anytime Soon

Tue Mar 15, 2016

Banpu Public Company Limited (SET:BANPU) is one of the largest coal miners in Southeast Asia. It owns stakes in more than 20 coal assets around the world, including Laos ...

A Crude Oil Rally Above $40 a Barrel is Unsustainable as the U.S. Economy Falters

Fri Mar 11, 2016

The price of crude oil has been on a sharp rebound since plunging to the February 11th low of $26.05 per barrel, or the "Janet Yellen low", when Federal Reserve Chair Janet ...

S&P 500 Rotates from Economically Sensitive Sectors into Safe Havens as Materials and Energy Remain Speculative

Fri Mar 11, 2016

The S&P 500 closed at 2022.19 on Friday, up 1.11% for the week, rising for the fourth week in a row. The best ...

USD/THB Turns Bearish Ahead of Fed FOMC and BoT Meetings, Low-End Target 33.20 Baht per Dollar

Fri Mar 11, 2016

The Bank of Thailand (BoT) may get caught between a rock and a hard place, as the USD/THB turns bearish and is ...

Thailand SET Bulls Continue Pushing the Envelope as Crude Oil and Thai Baht Surge, Risk/Reward to the Downside

Fri Mar 11, 2016

The SET gained another 1.01% for the week, to close at 1393.41 on Friday. The USD/THB exchange rate was ...

PTT Shares Bounced Off a 6-Year Low, Downtrend Channel Remains Intact

Wed Mar 9, 2016

PTT Pcl (SET:PTT) is Thailand’s largest fully integrated gas and oil company and the eighth largest energy company in the Asia/Pacific rim region, according to Platts. The company ..

Compelling Reasons For A Biogen And Shire Merger

Mon Mar 7, 2016

After six months of back and forth negotiations, Shire PLC (NASDAQ:SHPG) and Baxalta Inc. (NYSE:BXLT) decided in January to make a $32 billion deal that would create the  ...

U.S. Dollar Index is an Unconfirmed Cup with Handle, More Upside Ahead?

Mon Mar 7, 2016

The U.S. dollar index (DXY), a weighted index of the value of the U.S. dollar relative to a basket of six major currencies, is on the rebound since it plunged to the February low ...

China’s RRR Cut Sends Thailand SET Deeper into Overbought Territory, a Setup for a Steep Pullback

Fri Mar 4, 2016

The People’s Bank of China (PBoC) said on Monday that the bank cut the required reserve ratio (RRR) by 0.5 percentage points, effective March 1. According to Bloomberg ...

S&P 500 Surged, Led by Energy and Financials as China Cut RRR and Bernie Sanders is on the Way Out

Fri Mar 4, 2016

The S&P 500 closed at 1,999.99 on Friday, up 2.67% for the week, rising for the third week in the row. The best ...

EUR/JPY FX Cross Rate Struggles at Key Fibonacci Retracement Level Ahead of ECB Meeting

Wed Mar 2, 2016

The EUR/JPY currency pair continued to retreat after European Central Bank (ECB) president Mario Draghi said ...

Intel Faces New Threat

Wed Mar 2, 2016

Shares of Intel (NASDAQ:INTC) sold off in early January. Investors were reluctant to step back in after Gartner said the global outlook for PC shipments in 2016 is for a decline of 1% compared with 2015, with the potential for a soft recovery ...

Bulls Take Charge as Shares of CENTEL are About to Break Out

Wed Mar 2, 2016

Central Plaza Hotel Public Company Limited Pcl (SET:CENTEL), is a Thailand-based company engaged in the operation of hotels, food and ice cream outlets. CENTEL ...

S&P 500 Struggles after a Mixed Bag of U.S. Economic Data and Top Fed Officials Push for Aggressive Rate Hikes

Fri Feb 26, 2016

There are more warning signs this week that something is wrong with the U.S. economy. A preliminary reading of ...

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