Markets

Profiting From Expectations of Relative Stability

Shares in Cogeco Communications Inc. (CCA) were trading at $104.36 at this writing on August 9, 2019, but as the following graph shows, they jumped on July 10 when the company released its latest financial results. After topping out at $107.05 on July 16, prices moved in a relatively narrow corr ...

Small-scale LNG projects make market inroads in US

Large-scale LNG liquefaction and export facilities are helping to write the demand story for US natural gas reserves. But there is a newer demand factor for that gas: small-scale facilities sending LNG to otherwise little-tapped markets and finding new applications for the fuel. Small LNG plants, u ...

US Open – Choppy Until Jackson Hole, Oil, Gold, Home Depot

US equities will likely get little direction from a very quiet European morning.  Markets remain fixated on the Jackson Hole speeches at the end of the week and demand for safer assets will likely remain strong until we have clarity on how the Fed will respond to growing risks to the outlook.  To ...

Atrush Reaches 1 Million Barrel Monthly Production Milestone

VANCOUVER, Aug. 20, 2019 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”)  (TSX  VENTURE: SNM) (OMX: SNM) reports that the Atrush oil field total production in the month of July 2019 exceeded 1 million barrels of oil for the first time since oil production commenced at t ...

US Business Cycle Risk Report | 20 August 2019

Recession forecasts have been mounting lately, largely due to inverted yield curves. But a broad read on the hard data has yet to throw in the towel. US economic growth is slow and may get slower in the months ahead, but for the moment the odds still favor expansion for the immediate future. The c ...

European update – Jackson Hole, gold, oil

Markets steady as traders eye Jackson Hole It’s been a relatively flat start to trading on Tuesday as it seems the Jackson Hole waiting game is underway. Source – Thomson Reuters Eikon Once again we’re in a situation whereby the week hangs on what Jerome Powell says about interest rates a ...

Measuring Risk On/Off with Stocks, Treasuries, Junk Bonds, Low Volatility and High Beta

Volatility is clearly on the uptick with the S&P 500 SPDR (SPY) moving more than 1% nine times since July 31st. This follows a period from early June to late July when the 1-day Rate-of-Change exceeded 1% just once, and the market moved steadily higher. Ah, the good ole days. Elevated volatility ...

Macro Briefing | 20 August 2019

Trump administration considering new policies to support economy: NY TimesWH spokesman says payroll tax cut not under consideration: CNBCGroup of states ready to start antitrust probe of big tech: WSJHong Kong consulate worker reportedly detained in China: BloombergPimco warns: breakthrough on US-C ...

European open: Stimulus options boost risk

  Indices starting positive Rumours of bold announcement regarding easing policy and adding stimulus are keeping most asset classes buoyant as the European session gets under way. With the Jackson Hole Symposium from Thursday onward being the major focus of the week, date releases and other inputs ...

Tech Talk for Tuesday August 20th 2019

  StockTwits released yesterday @EquityClock Vertex Pharmaceutical $VRTX, a NASDAQ 100 stock moved above $186.33 setting an intermediate uptrend. Dollarama $DOL.CA, a TSX 60 stock moved above $50.74 extending an intermediate uptrend.   Trader’s Corner   Equity Indices and related ETFs Daily ...