Euro seems to follow the world stock markets. No bad news is bad enough to cause a selloff. The European Central Bank defers the taper and stimulus exit as expected from the Jackson Hole meeting. Even after the ECB decision, euro pushed higher and surpassed the 1.20 mark against the…
Month: September 2017
The Word Is: The Bears Are Back in the Markets
Do you buy it? The markets are holding very well despite the North Korea fiasco. Nothing really can rattle the markets at this moment. Maybe, and just maybe, September is not as scary as what people think it would be.
Free Netflix: Good or Bad for T-Mobile?
It’s definitely great for us, consumers. The deal is open to both existing and new T-Mobile customers and to both those who already have a Netflix account and those who don’t. Currently, T-Mobile also has a deal with the in-flight Wi-Fi provider, Gogo. You can get one-hour free in-flight Wi-Fi…
What Is the Next Top Performer?
Nasdaq-100 $QQQ +22%Nasdaq +18%Gold $GLD +16%S&P 500 $SPY +10%Long Treasuries $TLT +8% How’s your portfolio?
Harvey and Irma: Insurance Company Stocks Are Down Down Down
Insurance stocks are being hammered today due to hurricane Irma. Harvey’s damages are sever. The exact numbers of the losses and damages caused by Harvey won’t be known until months later. If Irma were to hit Florida in the next few days, it would definitely hit the insurers’ bottom line….