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Nasdaq Biotechnology Index Continues to Take a Beating as Campaign Rhetoric Becomes Increasing Louder — What Do the Charts Say?

Mon Feb 1, 2016

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ: ...

S&P 500 and 10-Year Treasury Notes Short-Squeezed after BOJ Says Interest Rates to Go Negative

Fri Jan 29, 2016

The S&P 500 gained another solid 2.48% on Friday, the second Friday in a row, to close at 1,940.24, after the ...

Japanese Yen Takes a Nosedive After BOJ Sets Negative Interest on Excess Reserves (IOER)

Fri Jan 29, 2016

The USD/JPY exchange rate surged 1.9% to 121.08 yen per dollar at 10:35 P.M. EST on Thursday, before pulling back sharply after the Bank of Japan (BOJ) said after its two ...

Thailand SET Breaks Out on Bank of Japan’s QQE Negative Interest Rate Announcement, Strong Baht Helps

Fri Jan 29, 2016

The Thailand SET jumped 0.98% to close at 1,300.98 on Friday, after the Bank of Japan (BOJ) said following its ...

KBANK Increases Risk Profiles in Mobile Market as Investors Decide to Hold or Fold

Wed Jan 27, 2016

Kasikornbank Pcl (SET:KBANK) is the fourth largest commercial bank in Thailand as measured by total assets, loans, and deposits with about 15% market share in ...

Donald Trump’s Campaign Rhetoric Adds Volatility to the Nasdaq Biotechnology Index as U.S. Drug Companies Head to the Exits

Tue Jan 26, 2016

The iShares Nasdaq Biotechnology ETF [NASDAQ:IBB], which tracks the Nasdaq Biotechnology Index [NASDAQ: ...

U.S. Dollar Index Struggles at Trendline Resistances Ahead of Fed FOMC Meeting

Fri Jan 22, 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, inched up 0.46% on Friday, to close at 99.58, after the ...

Thailand SET May Break Out Next Week on BOJ Kuroda’s Comments and Less Hawkish Fed Statement

Fri Jan 22, 2016

The Thailand SET was on a roller coaster ride this week, as all eyes were on the European Central Bank (ECB), crude oil ...

George Soros Followers get Short-Squeezed after Central Bankers Hint Another Round of Stimulus

Fri Jan 22, 2016

The S&P 500 gained a solid 2.03% on Friday, to close at 1,906.90, after Bank of Japan Governor Haruhiko Kuroda told Bloomberg in Davos that the Bank of Japan (BOJ) is ...

WTI Crude Oil Price Surges on Short-Covering after ECB’s Draghi Dovish Comments

Thu Jan 21, 2016

The spot WTI crude oil price surged 5.37% on Thursday, to close at $29.85 per barrel, after European Central Bank (ECB) President Mario Draghi signaled at the press conference ...

AOT is Flying High in a Tough Market

Wed Jan 20, 2016

Airports of Thailand Public Company Limited [SET:AOT] operates two principal business segments, which are the airport business and hotel business. The company manages and develops Suvarnabhumi, Don Mueang, Chiang Mai ...

More Concern from Investors Over Intel's Data Center Business, as Qualcomm Enters Server CPU Market

Tue Jan 19, 2016

Intel [NASDAQ:INTC] shares tumbled 9.1% on Friday to close at $29.27 a share, after the company said their revenues ...

Shanghai Composite in Free Fall as Chinese Economy Worsens

Sat Jan 15, 2016

The Shanghai Composite Index tumbled 3.55% on Friday, to close at 2,900.97, after the People’s Bank of China (PBoC) said Chinese commercial banks issued 597.8 billion ...

Not a Healthy Sign for the U.S. Economy When Utilities Lead the S&P 500

Fri Jan 15, 2016

The S&P 500 futures had already pointed to a lower opening for Friday, following disappointing data center revenue from Intel on Thursday, and a 3.55% sell-off of the Shanghai ...

Thailand SET Technical Bounce Fails, More Downside to Follow as USD/THB is About to Break Out

Fri Jan 15, 2016

The Thailand SET pulled back 1.38% on Friday to close at 1,245.85, following the Shanghai Composite Index, which ...

U.S. Economy May Be Heading to the Dog House as Economists Keep Trimming Fourth-Quarter GDP Growth

Fri Jan 15, 2016

The yield of the 10-year U.S. Treasury Note tumbled 5.02% to an intraday low of 1.986% on Friday, before bouncing back ...

WTI Crude Oil Prices Surged after Fed's Bullard Said Plunge in Crude Prices has Implications for Monetary Policy

Thu Jan 14, 2016

The spot WTI crude oil prices surged 3.96% to an intraday high of $31.77 per barrel on Thursday, after St. Louis Fed ...

Thailand SET Makes Technical Bounce, But Downside Risk Persists

Wed Jan 13, 2016

The SET surged 1.86% to close at 1,278.61 on Wednesday, following the headline news that China's exports and imports fell far less than expected in December, and that the ...

Strong Japanese Yen Hits Nikkei 225 as PBoC Tries to Stabilize Yuan

Mon Jan 11, 2016

The USD/JPY exchange rate was trading in the range between 116.97 and 118.03 yen per dollar on Monday, as the People’s Bank of China (PBoC) was trying to stabilize the daily ...

WTI Crude Oil Prices Could Dip Below $30 a Barrel as Fed's Lacker Sees More Than Four Hikes This Year

Fri Jan 8, 2016

The U.S. Department of Labor said on Friday that nonfarm payrolls for December came in at 292,000, exceeding ...

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