Month: July 2018

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  Not good day for old Harvard buddies yesterday. Facebook and Bitcoin take hits.

  The Winklevoss twins and Zuckerberg went to sleep dazed after setbacks yesterday. Back in 2003, Tyler and Cameron Wilklevoss hired Mark Zuckerberg to do some[...]
  2018-07-29 19:27:05

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  S&P 500 threatens to trace outside reversal. Five reasons for the decline

  S&P 500 down 20 points to 2818 A few reasons for the ugly turn in stocks: 1) Month end There is some rebalancing to be[...]
  2018-07-29 19:27:05

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  EURUSD makes new lows for the week today, but the range sure stunk.

  130 pips for the week. But that can be a good for next week. 1.1735 The EURUSD made new lows for the week today and[...]
  2018-07-29 19:27:05

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  Baker Hughes US oil rig count 861 vs 858 prior

  Weekly oil and gas drilling rig data from Baker Hughes The drillers keep on drilling. Two weeks ago, US oil production hit 11 million barrels[...]
  2018-07-29 19:27:05

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  USD/JPY dips to the lows of the day as equities drag down risk trade. What's next

  USD/JPY slips USD/JPY touched a session low of 110.80 after holding at support near 110.92 for a few hours after the GDP report. The FX[...]
  2018-07-29 19:27:05

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  What's priced in for the major central banks and how it changed this week

  What's priced in for the major central banks Federal Reserve So one hike is a bit more likely but two hikes are significantly less likely.[...]
  2018-07-29 19:27:05

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  OMB's Mulvaney: Confident 4% is manageable for long-time

  Joins in the Kudlow  The Office of Management and Budget Mick Mulvaney is all in and with Larry Kudlow and Pres. Trump that 4% is[...]
  2018-07-29 19:27:05

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  WTI crude oil settles at $68.69 /BBL

  Down -$0.92 or -1.32% The price of crude oil is settling the week down -$0.92 or -1.32% at $68.69. The high reached $69.77.   The low[...]
  2018-07-29 19:27:05

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  Pena Nieto hopes accelerated NAFTA talks could get deal in August

  Gotta see it to believe it The Mexican Pres. Pena Nieto is on the wires saying he hopes that the accelerated NAFTA talks could get[...]
  2018-07-29 19:27:05

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  CFTC Commitments of Traders: JPY shorts increase

  Commitment of traders report for the week ending July 24, 2018 - EUR long 29K vs 21K long last week. Longs increased by 8K. -[...]
  2018-07-29 19:27:05

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